ECB Starts Digital Euro Project With Two-Year Investigation & Bitcoin Bashing

The European Central Bank (ECB) has just announced that Eurosystem has formally launched its central bank digital currency (CBDC) project to prepare “for the possible issuance of a digital euro.” Once again, the central bank used another chance to claim that its CBDC is going to be better than decentralized Bitcoin (BTC). The Governing Council of the ECB has decided today to launch the investigation phase of a digital euro project, which is set to last 24 months, said the press release.