ICYMI: The Council of the EU backed a digital euro with online and offline functionality
https://www.reuters.com/business/finance/eu-council-backs-digital-euro-with-both-online-offline-functionality-2025-12-19/
20 points · 6 comments · view on lemmy.world
6 Comments
androidul@lemmy.world · 4 pts · 213d
although I like the idea of digital Euro I’m a bit skeptical about it looking what attempts were thrown on the table eg. ChatControl
I hope we don’t end walking that path …
idealotus@lemmy.world · 3 pts · 213d
Their plan is for a pilot in 2027 with a rollout in 2029. Here's to hoping we get it sooner!
Quantillion@mstdn.io · 1 pts · 212d
@idealotus @noumenon
Pleeeenty of time for Trump to DECIMATE European finance via Europe's dependency on US banking & payment systems. :blobglare:
Eril@feddit.org · 1 pts · 213d
All I want is some widely accepted and easy to use payment method, that I can use instead of american companies like Visa/MasterCard/PayPal. If the digital euro gets us there, let's go!
Flisty@mstdn.social · 2 pts · 213d
@Eril @noumenon isn't Wero aiming to be the PayPal replacement? I think they're basically combining various national platforms to make something that works Euro(pe?)-wide.
I say this jealously from the UK where we're doing precisely zip, AFAIK.
Eril@feddit.org · 0 pts · 213d
Yes, Wero would be a PayPal replacement, but I highlighted "widely accepted" for a reason. So far I didn't see a single online shop where I could use it for payment. Also most banks don't support it. As long as it stays that way, it is close to useless to me.
Also we need european alternatives to Visa and MasterCard, which Wero doesn't even aim to be.
All in all: There ist still a long way to go... :(