The ECB Recognises the Financial Freedom Trap in Its Digital Euro: “Without a Digital Euro, Europe Could Lose Monetary Control” - Crypto Economy ESP

Key points of the news The European Central Bank (ECB) states that without a digital euro, Europe's monetary sovereignty is at risk. The fall in the use of cash is used as an excuse to promote a centrally controlled digital currency. Critics warn that CBDCs pose a direct threat to the privacy, financial autonomy and decentralization promoted by cryptocurrencies. The European Central Bank continues to advance its controversial plan to launch a di…