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European banks are scared of the digital euro. Here's how their secret lobbying could torpedo it (www.ftm.eu)
submitted 9 months ago by Vincent@feddit.nl to c/europe@feddit.de
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The launch of the digital euro could give every European a free, universal payment account. But this grand vision is at risk of being curtailed by a well-coordinated lobbying campaign of the banking industry. Banks want to make sure you will keep needing them – and they have EU officials’ ears.

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[-] maynarkh@feddit.nl 15 points 9 months ago

I always thought that commercial banking and the transfer industry will basically lose their whole raison d'être if we ever get CBDCs working, and I didn't understand if they had any plans for it. I guess not.

this post was submitted on 29 Feb 2024
104 points (95.6% liked)

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