Bank of Spain embraces ‘digital euro,’ explains its benefits
The digital euro will make electronic payments a vital piece of the financial system, the statement claims.
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The digital euro will make electronic payments a vital piece of the financial system, the statement claims.
Mastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment.
The European Data Protection Board and the European Data Protection Supervisor issued a joint opinion statement on the regulation of “digital euro.”
The Bank of Finland actively promotes the development of new forms of payment.
As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom.
Binance’s European debanking woes continue as it urges Paysafe users to convert their euros to digital dollars.
The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche.
The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking.
Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via email.
Private payment services can gain a monopoly over services with no benefit to other market players or economic stability, ECB board member Fabio Panetta said.