EU pushes digital euro to cut dependence on US payment systems
The European Union is accelerating support for a digital euro as policymakers seek to reduce reliance on payment infrastructure controlled by the United States. The move is being framed in Brussels as both a technological upgrade and a question of monetary sovereignty. It comes as European consumers still rely heavily on cash and cards for everyday purchases, despite years of discussion about digital currencies.According to the supporting material, the European Central Bank would back the digital euro as a stable form of money for payments in shops, online and between individuals. The report says the push has gained urgency because... [Continue Reading]
360LiveNews | 02 Jul 2026 14:09 LONDON
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