Signatories of open letter say CBDC is vital to ensure Europe is not reliant on US payment providers
Seventy academics have signed an open letter calling on European Union institutions to authorise the digital euro, ahead of a critical vote on the central bank digital currency by members of the European parliament (MEPs) later this year.
Amid pushback from leading European banks, the letter – addressed to MEPs and published on January 11 – warns that dependence on US payment providers “exposes European citizens, businesses and governments to geopolitical leverage, foreign commercial interests
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com test test test
Most read articles loading…
Back to Top
You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.
You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.
You are currently on corporate access.
To use this feature you will need an individual account. If you have one already please sign in.
Alternatively you can request an individual account
.
by :
Source link
