European Central Bank Moves to Trademark 'Digital Euro'
The EU's central bank has laid a claim to the phrase "digital euro" before deciding whether to actually issue one.
Updated Sep 14, 2021 at 10:03 a.m. UTC
The European Central Bank (ECB) has applied for a trademark on the phrase "digital euro," according to a Bloomberg report.
- Officials have not actually committed to issuing a digital euro quite yet. Eurozone central bankers say they continue to study the issue, even as an alternative to cryptocurrency.
- European Union member countries and banks are nonetheless gearing up in anticipation of a digitally native euro becoming a reality.