The European Central Bank plans to set a cap on the holdings of digital euros.

Odaily Planet Daily reports that the European Council has announced its support for the European Central Bank's plans to explore an official digital currency, calling it a tool for the evolution of money and financial inclusion. However, the council stated that the ECB needs to set limits on the total value that can be held simultaneously in online accounts and digital wallets to "prevent the digital euro from being used as a store of value," thereby preventing any impact on financial stability. (CoinDesk)