Tether CEO Paolo Ardoino has criticized Europe’s digital currency ambitions, mocking the European Central Bank’s Digital Euro project. The criticism comes as regulators scramble to tighten oversight under the EU’s landmark MiCA framework. Paolo Ardoino Mocks Digital Euro as EU Faces MiCA Oversight Challenges In a post on X (Twitter), Ardoino quipped that “Santa will bring us all the Digital Euro,” a sarcastic remark aimed at the central bank digital currency (CBDC) currently in its preparatory phase. The ECB launched the Digital Euro in November 2023, billed as a secure and privacy-conscious complement to cash
source: https://beincrypto.com/tether-paolo-ardoinos-eu-digital-currency-struggles/