'A historic day': European Parliament backs digital euro
Paving the way for a pilot version of the cash-like payment scheme next year, and fully launching by 2029
Supporters argue that it is critical to reduce Europe’s reliance on US payment systems, particularly Visa and Mastercard
https://www.euronews.com/business/2026/06/23/european-parliament-backs-long-awaited-digital-euro-to-reduce-us-dominance-in-paymentsOpen linkView original on lemmy.world
4 replies
Byebye privacy... Now, the EU will know every single Linux ISO I purchase, to who and when.
If you're currently using VISA/MasterCard for these purchases, what changes? If you're using some privacy-centric crypto or cash, again, what changes?
The idea is to replace cash not VISA (Europe has been working working on its own system for years). Without cash I won't be able to purchase anything anonymously (more or less so)
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