Digital euro to cost EU banks 4-6 billion euros over 4 years, ECB estimates

www.reuters.com

Digital euro to cost EU banks 4-6 billion euros over 4 years, ECB estimates

www.reuters.com

dubak@feddit.org to

Europe@feddit.orgEnglish · 5 months ago

reuters.com

www.reuters.com

ECB selecting banks that want to take part in pilot phase
ECB setup costs to reach around 1.3 bln euros, Cipollone says
Banks to pocket fees, won’t have to pay system costs to ECB
Merchants will also have an incentive in terms of cap on fees

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