Why the EU is Speeding Up Plans for a "Digital Euro"

Compare news coverage. Spot media bias. Avoid algorithms. Try Ground News today and get 40% off your subscription by going to https://ground.news/tldr Discover How TLDR Makes Money:    • How Does TLDR Really Make Money?   The European impetus to create a digital currency appears to be accelerating after the US passed the GENIUS Act to create a framework for dollar-denominated stablecoins. So in this video, we'll discuss what a digital euro is and why it could be necessary. 📰 Too Long: https://toolong.news/ 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! ////////////////////// Sources: FT report on EU speeding up plans for digital euro https://www.ft.com/content/8ad60169-d... ECB report on digital euro https://www.ecb.europa.eu/press/pr/da... Retailer irritation to Visa/Mastercard https://www.reuters.com/sustainabilit... https://www.theguardian.com/world/202... CER on efforts to create European alternative https://www.cer.eu/insights/does-euro... Wiki on digital euro https://en.wikipedia.org/wiki/Digital... Money/Macro interview with ECB official    • Why we Need a Digital Euro | Evelien Witlo...