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ECB: Digital euro should prioritize online, peer-to-peer payments

Victor by Victor
02/24/2023
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According to reports, the document published by the ECB on its website stated that the digital euro should prioritize online shopping and payments between friends. Store and government transfers may take longer to develop, but basic personal use should be free. Other uses, such as paying taxes, receiving welfare payments, or even paying in brick-and-mortar stores, will only emerge in the ensuing second phase of central bank digital currency (CBDC) development.

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