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- Title
Digitales Geld für die digitale Welt – Der Verordnungsvorschlag der Europäischen Kommission zur Einführung eines digitalen Euro.
- Authors
Manger-Nestler, Cornelia
- Abstract
The article analyzes the European Commission's proposal for the introduction of a digital euro. It discusses the role of the European Central Bank and emphasizes the need for balanced regulation to enable digital innovations and adequately consider risks. The proposal aims to adapt the euro to technological change and establish regulations for its status, distribution, and use. It argues that the European Central Bank should not have sole regulatory authority for the introduction of a digital version of the euro, but that the Union legislator should have explicit legislative powers. The introduction of a digital currency would not replace cash but only complement it. It also addresses the interactions with monetary policy, payment systems, and financial stability.
- Subjects
EUROPEAN Central Bank; ELECTRONIC money; TECHNOLOGICAL innovations; DIGITAL technology; MONETARY policy; FINANCIAL security; EUROPEAN Commission; MONETARY unions
- Publication
Zeitschrift für Bankrecht und Bankwirtschaft, 2023, Vol 35, Issue 6, p337
- ISSN
0936-2800
- Publication type
Article
- DOI
10.15375/zbb-2023-0605