EU finance ministers signal urgency on digital euro amid Trump steps - Ledger Insights - blockchain for enterprise

The European Union depends on the United States in many fields, but few as daily and tangible as electronic payments. Visa, Mastercard, American Express, Paypal, Apple Pay, Google Pay make up an American monopoly on payment means that has implications for European economic security now that the reliability of the American partner is low. The digital euro, a stable and public digital currency, is the solution proposed by the ECB. But its hope in …

EU finance ministers signal urgency on digital euro amid Trump steps - Ledger Insights - blockchain for enterprise

After a meeting of European Union finance ministers, Eurogroup President Paschal Donohoe said there's been progress on legislation for the digital euro

In principle, the HDE trade association supports the development of the digital euro as a state-owned digital payment method. However, the costs are decisive.

A good 10 years ago, mobile payment ushered in a new era of payment. Initially viewed with skepticism, this payment method has now become mainstream. But developments aren't standing still: Wero, the Digital Euro, and Pay-by-Bank are compared. By Rudolf Linsenbarth, Wero, the "Digital Euro," and "Pay-by-Bank" are... The article Pay-by-Bank, Wero, Digital Euro: Are these truly new stars on the payment horizon? first appeared in IT Finanzmagazin.