European Central Bank to Spend EUR 1.3B on Digital Euro Development

Posted by miohtama 10/30/2025

12 points | 4 comments

bfkwlfkjf 10/30/2025

Here we go again.

Can someone explain to me what digital euro is? Is it a different currency? Is not, are the euros on my bank's computers also digital euros?

> central bank digital currency (CBDC) is a digital version of a country's official currency, created by the nation's central bank

It seems impossible to find a clear explanation.

isawczuk 10/30/2025|

From what I understand to allow pay like card without bank as intermediate.

Digital in sense that it it's not physical bank note, but app or something similar.

Here are longer explanation what they want to achieve.

bfkwlfkjf 10/30/2025|||

Thanks for the link.

hulitu 10/31/2025|||

> but app or something similar.

So the money will belong to the app and you can borrow some from time to time. /s