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The digital euro is already being developed through European banks (The Expose)

Through the European Central Bank’s ‘climate and nature plan’, banks that fall under its supervision are being reviewed and subjected to on-site inspections to monitor the progress of their “digital transformations.”

Although no specific details are given on what “digital transformation” goals banks have been set, we can deduce by following the document trail that this equates to the preparation phase of the digital euro, the European Union’s central bank digital currency (“CBDC”).

[Analyst note: having spoken to dozens of Europeans, my anecdotal conclusion is that most people are actually looking forward to the convenience (if mildly aware of plans), or are clueless and don't really care or see a cause for concern. About one out of every twenty I talk to, expresses concern.]

Article:

Aug 2, 2024
at
12:52 PM

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