EU lawmakers pave way for 'digital euro' negotiations

🇩🇪 Deutsche Welle (DE) —

AI Summary

EU lawmakers have advanced legislation to negotiate the implementation of a digital euro, aiming to reduce reliance on US payment systems like Visa, Mastercard, Apple Pay, and Google Pay. This initiative could reshape Europe's financial technology landscape.

The digital euro has been touted as the EU's best chance at breaking its dependence on US payment systems like Visa and Mastercard, as well as Apple Pay and Google Pay.

Politics Markets AI & Tech EU digital euro payment systems financial technology Visa Mastercard

Read original source →