Yesterday the parliamentary European Committee on Civil Liberties and Justice (LIBE) voted in favor of the latest digital euro report. It proposes amendments to the draft legislation that would make the digital currency legal tender. An overwhelming majority voted in favor (48), with just six votes opposing the central bank digital currency (CBDC). There were seven abstentions.
As reported earlier this week, the proposed amendments to the draft digital euro legislation include support for permissionless blockchains and address most of the demands of banks.
Yesterday’s vote was along party lines, with liberal and left-leaning parties voting in favor. The center-right PPE party, the largest group of MEPs, joined them.
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