From the 7th of April to the 9th, the European Central Bank spoke extensively about the Digital Euro, expressing hope about its potential and publishing an update of its rulebook. Its President, Christine Lagarde, also called for it, wishing to end European reliance on international payment solutions providers such as VISA, Mastercard, PayPal, Stripe and others.
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I’m really hyped for this but in typical EU fashion it’s taking years.
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A digital euro that requires no banks or payment processors definitely has a use. It’s all the benefits of cryptocurrency but with the backing of a central bank.
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