On Monday 4 September, Fabio Panetta, member of the Executive Board of the European Central Bank (ECB) and Chairman of the Eurosystem’s outgoing Digital Euro Working Group (see EUROPE B13239A18), presented a progress report on the Digital Euro project to members of the European Parliament’s Committee on Economic and Monetary Affairs (ECON).
The hearing took place after the European Commission adopted two proposals in June: one to provide legal tender for the euro in its physical form,...