European Financial Freedom in Danger: ECB Urges Digital Euro to Counter Trump’s Plan

TL;DR The ECB is pushing for the creation of a digital euro to counter the global growth of U.S.-backed stablecoins led by Trump. The measure seeks to protect the European banking system from financial disintermediation caused by the hegemony of the digital dollar. CBDCs in Europe could pose significant risks to privacy, citizens’ financial control, ... source: https://crypto-economy.com/european-financial-freedom-in-danger-ecb-urges-digital-euro-to-counter-trumps-plan/