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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 8 months ago by [email protected] to c/[email protected]

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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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[–] [email protected] 9 points 8 months ago

No one is scared of bitcoin. You can't use it down your local shop to buy your groceries with. This EU digital currency can do that.