A New Threshold Has Been Crossed for the Digital Euro in Europe

▤ Summary

The European Parliament has moved the digital euro framework forward, bringing the project closer to a legal and operational design. The proposed system would support both online and offline payments across Europe, with offline transfers intended to work more like cash and even allow direct device-to-device payments. The article frames the digital euro as part of Europe’s effort to reduce dependence on U.S.-based payment networks such as Visa and Mastercard. Lawmakers still need to continue negotiations with the EU Council, and the planned launch timeline points to 2029. The debate now centers on practicality, privacy, and security as much as on payments independence.

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