Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Italian banks support the European Central Bank's digital euro initiative but hope to share initial investment costs.

Italian banks support the European Central Bank's digital euro initiative but hope to share initial investment costs.

金色财经金色财经2025/11/09 00:44
Show original

Jinse Finance reported that Italian banks support the European Central Bank (ECB) in launching the digital euro, but hope to spread the required investment over a longer period of time. Marco Elio Rotini, General Manager of the Italian Banking Association (ABI), stated at a press conference that despite the high costs, banks still support this proposal because it embodies the concept of "digital sovereignty." Recently, the ECB has reached an agreement with EU finance ministers to determine the development roadmap for the digital euro. The central bank digital currency (CBDC) is expected to be launched in 2029, provided it receives EU approval next year. Rotini pointed out that the Italian Banking Association supports a dual strategy, advancing both central bank digital currency and commercial bank digital currency simultaneously, in order to keep pace with other countries.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.

According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.

华尔街见闻•2026/09/26 11:36