Presidents of the European Parliament, Council and Commission have signed a joint agreement outlining priorities before the next European elections in 2024. On the list of 164 legislations — some are already in negotiations, and others are yet to be put forward — is a central bank digital currency.

The European Commission promised to develop legislation for a digital euro “soon.” A spokesperson confirmed that the Commission plans to put forth a proposal in the second quarter of 2023.

(By Inbar Preiss)