Abstract

This paper aims at evaluating benefits as weighted against risks of introduction of digital euro within the territory of European Union as a respond to rapid evolution of digital finance. Proposed EU legal framework for CBDC is analyzed from the perspective of regulatory role and mitigation of possible risks of infrastructure shocks enabled by invasion of central bank money into democratic economy, as of October 2024.

Keywords: CBDC, Digital euro, Digital currency, Digital asset, Cryptocurrencies, Blockchain, Distributed ledger technology, Private international law, Fintech