EU Finance Ministers Approve Roadmap for Digital Euro, Deferring Decision on Holding Limits Amid Privacy Concerns

EU finance ministers have signed off on a roadmap that could pave the way for a digital euro, outlining how caps on individual holdings would be introduced, without setting those limits just yet.

The decision, made during a Eurogroup meeting in Copenhagen, edges the European Central Bank closer to launching its own digital currency, even as skepticism grows over how the system could affect personal financial freedom.

Rather than settling on specific numbers, ministers agreed on a timetable and institutional process for introducing holding limits.

A senior official at the press conference emphasized that the discussion focused on the how, not the how much.

That distinction comes at a moment when digital currency plans are drawing increased scrutiny across Europe and beyond.

In the UK, central bank proposals to limit stablecoin balances have already prompted warnings from digital asset advocates concerned about restricting financial choice.

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Author: HP McLovincraft

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