European Central Bank (ECB) has launched a survey for potential participants in its wholesale central bank digital currency (wholesale CBDC) experiment to measure interest in participation. The bank plans to hold an official conference call this quarter. Potential participants need to respond to the survey by the end of October. These experiments are not only for digital euros, but also for wholesale financial transactions using distributed ledger technology (DLT). The specific timetable is yet to be determined, but the first round of experiments is planned for the second quarter of 2024, and the second round will be conducted in the third quarter of 2024.
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European Central Bank launches wholesale CBDC trial to participate in pre-solicitation activities
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