EURJPY The increasing trend is quite strong. Resistance can be r

The next phase of the Digital Euro project, the preparatory phase, will begin on November 1, 2023 and initially last for two years. This includes defining the rules for a digital euro and selecting providers that can develop the infrastructure and platform for a digital euro. This also includes testing and experimentation to develop a digital euro that meets both Eurosystem requirements and user needs, for example in terms of user experience, data protection, inclusive finance, and environmental footprint. . The ECB will continue to work with the public and all stakeholders during this period. After two years, the Council will decide whether to proceed with the next preparatory steps that will pave the way for the issuance and launch of a future digital euro.