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.

  • iarigby@lemmy.world
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    4 days ago

    not really

    As with other digital payment methods, intermediaries like your bank would have access to the personal data that are necessary to comply with EU law, such as anti-money laundering and terrorism financing regulations