The EU’s executive arm will unveil plans for a digital euro that would require the European Central Bank to set limits on its use without proposing specific thresholds on transactions or holdings. The ECB must decide on the instruments required to ensure financial stability, according to a draft European Commission proposal on setting up the digital euro seen by Bloomberg. These mustn’t prevent digital-euro transactions that don’t put stability at risk and they should be applied equally across the euro area. “With a view to ensuring the stability of the financial system, the availability of credit and the ... (full story)