Why the EU is Speeding Up Plans for a “Digital Euro”

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The European impetus to create a digital currency appears to be accelerating after the US passed the GENIUS Act to create a framework for dollar-denominated stablecoins. So in this video, we’ll discuss what a digital euro is and why it could be necessary.

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Sources:

FT report on EU speeding up plans for digital euro
https://www.ft.com/content/8ad60169-d1e5-4d2c-b928-d53d668f0ec6 

ECB report on digital euro
https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr231018~111a014ae7.en.html 

Retailer irritation to Visa/Mastercard
https://www.reuters.com/sustainability/boards-policy-regulation/retailers-urge-european-commission-crack-down-visa-mastercard-2025-05-14/ 
https://www.theguardian.com/world/2025/jul/29/mastercard-visa-backlash-adult-games-removed-online-stores-steam-itchio-ntwnfb 

CER on efforts to create European alternative
https://www.cer.eu/insights/does-europes-payments-strategy-add 

Wiki on digital euro
https://en.wikipedia.org/wiki/Digital_euro 

Money/Macro interview with ECB official
https://www.youtube.com/watch?v=1Al3ZIFUQ5U

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