Digital EU 🇪🇺 @DigitalEU@respublicae.eu

Re @xrp_sea @ecfin @EU_Finance @ecb @EU_Commission @VDombrovskis @ThierryBreton @PaoloGentiloni @McGuinnessEU (1) There is no conversion factor against current euro because 1 euro has the same value as 1 digital euro. One of the proposals made by the Commission will safeguard the role of cash,

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674405160972320769

Re @xrp_sea @ecfin @EU_Finance @ecb @EU_Commission @VDombrovskis @ThierryBreton @PaoloGentiloni @McGuinnessEU (2) to ensure it is widely accepted as a means of payment and remains easily accessible for people and businesses across the euro area. The digital euro would simply be a complement to cash and an alternative to today’s existing private digital solutions.

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674405211719323656

Re @Sjimmm @ecfin @EU_Finance @ecb @EU_Commission @VDombrovskis @ThierryBreton @PaoloGentiloni @McGuinnessEU (1) A legislative proposal for a possible digital euro was put forward by the European Commission to set out a legal framework for a possible new digital form of the euro that the European Central Bank may decide to issue in the future, as a complement to cash.

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674405559917850624

Re @Sjimmm @ecfin @EU_Finance @ecb @EU_Commission @VDombrovskis @ThierryBreton @PaoloGentiloni @McGuinnessEU (2) Now it will be up to the co-legislators, the European Parliament and Council, to discuss the proposal and evaluate its adoption as part of the ordinary legislative procedure.

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674405638930149378

Re @Sjimmm @ecfin @EU_Finance @ecb @EU_Commission @VDombrovskis @ThierryBreton @PaoloGentiloni @McGuinnessEU (3) There would not be any obligation to use the digital euro, which will just be an additional instrument in the hands of citizens and businesses. The European Central Bank has been exploring this possibility, including through consultations with citizens and businesses.

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674405785932005379

Re @Sjimmm @ecfin @EU_Finance @ecb @EU_Commission @VDombrovskis @ThierryBreton @PaoloGentiloni @McGuinnessEU (4) Moreover, the European Commission conducted a targeted public consultation.

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674406193115152385

Re @HarolddeJong3 @ecfin @EU_Finance @ecb @EU_Commission @VDombrovskis @ThierryBreton @PaoloGentiloni @McGuinnessEU (1) The digital euro could bring plenty of benefits to people and businesses. For example, it would be easier to use than existing digital payment solutions, you could pay without access to the internet and it would be free of charge for consumers for basic use.

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674406633588379648

Re @HarolddeJong3 @ecfin @EU_Finance @ecb @EU_Commission @VDombrovskis @ThierryBreton @PaoloGentiloni @McGuinnessEU (2) The digital euro would offer possibility to pay even to those citizens who did not previously have a bank account. It would be a complement to cash and other private digital solution, while your privacy and data are protected.

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674406678073073665

🤝Resilient supply chains in strategic areas
🤝Bilateral cooperation under the Joint Statement Initiative on #eCommerce
👉 & more
🇪🇺 & 🇯🇵 held their 3r High-Level Economic Dialogue, strengthening cooperation on #digital trade & economic security.
#DigitalEU

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674425995544375297

💶 The @EU_Commission is proposing to make sure cash remains easily accessible across the euro area #EuroCash + a new way to pay - the #DigitalEuro. Just like cash, but digital.
How would the digital euro work?
📺 Watch the video to know more ⤵️

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674362705480753153

🇪🇺⚛️ EU advances on Quantum technologies
🇨🇿 LUMI-Q
🇮🇹 EuroQCS-Italy
🇵🇱 EuroQCS-POLAND
🇪🇸 EuroQCS-Spain
🇩🇪 Euro-Q-Exa
🇫🇷 EuroQCS-France
The @EuroHPC_JU has signed hosting agreements with 6 sites across Europe to host & operate #Quantum computers.
🔗 https://europa.eu/!nrJkDj https://t.co/zDPx5fGxsu

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674046486416355329

One step closer towards a new digital form of the euro.
Two proposals announced today will
💶 safeguard cash as a form of payment
📲 establish a euro banknote in a digital format
Here's how ↓🧵
#DigitalEuro #EuroCash #DigitalEU https://t.co/UhQDq2qFiu

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674002647001575425

Re A #DigitalEuro would be like a euro banknote in a digital format - an additional way of paying that would not replace cash or other private forms of payment such as cards or apps.

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674003019426349061

Re The #DigitalEuro will ensure that people and businesses choosing to pay digitally have the option of a widely accepted, secure and resilient public form of money in the euro area.

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674003136342548481

Re The #DigitalEuro would work like a digital wallet: it would give consumers an alternative European-wide payment solution, in addition to the options that exist today. This means more choice for consumers!

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674003302881656832

Re With the #DigitalEuro, you could
🔁 make and receive instant payments, even without an internet connection
🔐 be sure your data is protected and not traceable
💳 pay digitally, even if you don't have a bank account

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674003424478744576

Re The #DigitalEuro would
☑️ be available for payments both online and offline
☑️ ensure a high degree of privacy and data protection
☑️ minimise risk of money laundering

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674003558960623616

Re 🔗 Read more about the digital euro and cash proposals: https://europa.eu/!BqxVM4
#DigitalEuro #YourChoice #EuroCash

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674003996212711426

🌄 Imagine you’re on a hike in a remote location, with no wallet or internet connection & in need of buying a bottle of water…
💶 With #DigitalEuro you would be able to pay without internet, while your data & privacy are protected.
Find out more ↓

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1674011839611404289

Re @nicolasmarangoz Hi @nicolasmarangoz, thanks for your question. Yes, all of the sessions will be recorded and available online.

🐦🔗: https://n.respublicae.eu/DigitalEU/status/1673649961072750593