Italy Banks Back Digital Euro CBDC, Seek Staggered Implementation Costs

The Italian Banking Association supports a digital-euro central bank digital currency (CBDC) while urging that investment costs be spread over ￰0￱ banks, led by the Italian Banking Association (ABI), say they support the European Central Bank’s (ECB) digital euro project, ABI General Manager Marco Elio Rottigni told a Florence press seminar on Nov. 8