3 Days
Source:
الشرق اللبنانية
ECB gains support for digital euro
Reports indicate that the European Central Bank has received significant parliamentary support to launch the digital euro, aimed at reducing reliance on external payment networks like Visa and Mastercard amid escalating geopolitical tensions between Europe and the United States. An initial 12-month pilot of the digital euro is scheduled to begin in the second half of 2024, with a full launch anticipated in 2029, to enhance financial competition and protect user privacy.
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