My first post on this platform was named as life along with trends, and now I am seeing it.

Central Banks and regulatory authorities were not the supporters of blockchain-based currency. But years after the Bitcoin surge, digital currency transactions reached new heights. Several electronic currencies came into the market and many of them became too popular.

When the European Central Bank realized that digital transaction is widely popular it started researching the pros and cons of digital currency.

According to the ECB there are several challenges in launching a digital currency and no final decision has been made till today.

Even though the ECB has not completely confirmed the plans for a digital euro, their legal office filed an application with the European union intellectual Property office for the trademark Digital Euro.

But if it is launched it will be available along with physical currency, and they have no intention of replacing the physical euro with the "digital euro'

Even though it is not our dream of the crypto-only world, I should say they are on the right track.