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Emerging technologiesSeptember 21 2023

Will the digital euro be dead on arrival?

Fundamental issues require resolution if the currency is to succeed.
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Will the digital euro be dead on arrival?Image: Getty Images

Recent progress reports highlight the European Central Bank (ECB)’s commitment to a digital euro, a digital means of payment issued by the Frankfurt-based central bank and accessible to the general public. 

The reports document design choices that raise doubts about the objectives of the ECB as well as the proposed means to achieve them. It seems entirely possible that the digital euro will be dead on arrival.

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