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Un euro numérique est-il légal ?

Author

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  • Hubert de Vauplane

Abstract

This article analyses the legality of the creation of a digital euro by the European Central Bank with respect to European law. After having recalled and examined the various dispositions that could potentially be used and having discussed the judicial features of a digital euro and the notion of legal tender with respect to these same texts, the article considers that at the very least it would be preferable to modify the ECB's statutes, and ideally to modify article 128 of the Treaty on the Functioning of the European Union in order to avoid the legal risk of a challenge to the legality of the ECB's power. Classification JEL: E42, E58.

Suggested Citation

  • Hubert de Vauplane, 2023. "Un euro numérique est-il légal ?," Revue d'économie financière, Association d'économie financière, vol. 0(1), pages 121-138.
  • Handle: RePEc:cai:refaef:ecofi_149_0121
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    Cited by:

    1. Bini Smaghi, Lorenzo, 2023. "Central Bank Digital Currency: Is it Really Needed?," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 76(3), pages 417-428.

    More about this item

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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