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Will there now also be a digital euro? And what does that mean for …

First there was bitcoin. Then Facebook decided to launch the libra. And now the European Central Bank (ECB) is also thinking about coming up with its own digital currency. The bank will soon launch a survey to determine whether there is a need for a ‘digital euro’. According to ECB Executive Board member Fabio Panetta, this can contribute to the financial sovereignty of the eurozone and strengthen the position of the euro. He published a report on Friday on the possibilities and implications of a digital European single currency.

Digital payment is of course already possible. This happens every time we make an online transfer or pay for a purchase with a bank card. Cash is becoming less and less important in payment transactions …

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