DigitalEuro
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đŠ Bank of Spain advocates the digital euro for the benefits of a digitized economy, promising similar offline privacy protection as cash. đ¶ #DigitalEuro #Banking
đThe digital #Euro should start out just allowing đpayments among friends and online, the #Ecb đhas said â and individual use should be free.
#News #crypto2023 #DigitalEuro
#News #crypto2023 #DigitalEuro
#Binance , in collaboration with #DigitalEuro Association and Lipis Advisors, recently supported the publication of a paper examining the role of EUR-based #Stablecoins in advancing the Internet of Things machine-to-machine (M2M) economy in Europe.
#building #crypto2023
#building #crypto2023
European Parliament passes EU digital wallet legislation.
#DigitalEuro #digitalcurrency #EU #EURO #BTC
#DigitalEuro #digitalcurrency #EU #EURO #BTC
Joana Cotar, a member of the German Federal Assembly, expressed her preference for adopting Bitcoin as fiat currency instead of introducing the digital euro. Cotar highlighted concerns about the digital euro potentially subjecting all citizens to government surveillance, and as a libertarian, she strongly rejects such surveillance. Cotar believes that citizens who value freedom and oppose surveillance may not need a digital euro, and instead, adopting Bitcoin could empower individuals. She suggested forming a committee within the German parliament to discuss the importance of Bitcoin. đ©đȘđ #BitcoinBoom #DigitalEuro #Germany #CryptoNews
ECB President Admits Digital Euro Could Be Used For Limited Control Of Payments
In a recent video chat with a fake Ukrainian President, European Central Bank (ECB) President Christine Lagarde acknowledged that the digital euro could be used to control peopleâs payments in a âlimitedâ way. The comments came in response to the fake Zelenskiyâs remarks that protesters in Europe donât want to be controlled by the central bankâs CBDC.
The pranksters who made the video also had fake conversations with Harry Potter author JK Rowling and former US President George W. Bush. Lagardeâs response to the fake Zelenskiyâs remarks has sparked protests from the cryptocurrency community, who see it as an attempt to suppress financial freedom.
Lagarde explained that while there would be controls, they would be limited to a small amount, such as 300 or 400 euros. She added that there are mechanisms that donât control at all, but they are very risky. Lagarde also pointed out that terrorist attacks have been financed with very few anonymous transactions, highlighting the need for some level of control.
The ECB has been investigating the digital euro for two years and is set to make a decision on whether to launch it in October. The digital euro would be a digital version of the euro, which could be used for online transactions and would be backed by the ECB.
The idea of a digital euro has been met with both excitement and concern from the cryptocurrency community. While some see it as a positive step towards mainstream adoption of digital currencies, others worry that it could be used as a tool for government surveillance and control.
Lagardeâs remarks about the limited control over payments through the digital euro have only added to these concerns. The cryptocurrency community is now protesting against her comments, calling for financial freedom and an end to government control over payments.
Overall, Lagardeâs comments have sparked a heated debate about the potential uses and risks of a digital euro. As the ECB prepares to make a decision on its launch, it remains to be seen how much control it will have over peopleâs payments and whether the concerns of the cryptocurrency community will be taken into account.
#ECB #DigitalEuro #crypto2023 #BTC #azcoinnews
This article was republished from azcoinnews.com
The pranksters who made the video also had fake conversations with Harry Potter author JK Rowling and former US President George W. Bush. Lagardeâs response to the fake Zelenskiyâs remarks has sparked protests from the cryptocurrency community, who see it as an attempt to suppress financial freedom.
Lagarde explained that while there would be controls, they would be limited to a small amount, such as 300 or 400 euros. She added that there are mechanisms that donât control at all, but they are very risky. Lagarde also pointed out that terrorist attacks have been financed with very few anonymous transactions, highlighting the need for some level of control.
The ECB has been investigating the digital euro for two years and is set to make a decision on whether to launch it in October. The digital euro would be a digital version of the euro, which could be used for online transactions and would be backed by the ECB.
The idea of a digital euro has been met with both excitement and concern from the cryptocurrency community. While some see it as a positive step towards mainstream adoption of digital currencies, others worry that it could be used as a tool for government surveillance and control.
Lagardeâs remarks about the limited control over payments through the digital euro have only added to these concerns. The cryptocurrency community is now protesting against her comments, calling for financial freedom and an end to government control over payments.
Overall, Lagardeâs comments have sparked a heated debate about the potential uses and risks of a digital euro. As the ECB prepares to make a decision on its launch, it remains to be seen how much control it will have over peopleâs payments and whether the concerns of the cryptocurrency community will be taken into account.
#ECB #DigitalEuro #crypto2023 #BTC #azcoinnews
This article was republished from azcoinnews.com
