The Italian Banking Association (ABI), which includes more than 700 Italian banking institutions, expressed its intention to help accelerate the implementation of the digital currency supported by the ECB by participating in relevant projects and experiments. Last year, the association created a working group to research digital assets.
The working group expressed the opinion that in the case of the digital euro implementation, it is important to maintain the stability of monetary policy and full compliance with the European regulatory framework. Compliance with EU regulations is a top priority for digital currency in order to gain public confidence.
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