The European Central Bank plans to set a cap on digital euro holdings
Odaily reported that the Council of the European Union has announced its support for the European Central Bank's plan to explore an official digital currency, describing it as an evolution of money and a tool for financial inclusion. However, the institution stated that the ECB needs to set limits on the total value that can be simultaneously held in online accounts and digital wallets, in order to "prevent the digital euro from being used as a store of value," thereby avoiding any impact on financial stability. (CoinDesk)
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