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Why is the banking lobby afraid of a digital euro?

Over the next few weeks, the European Parliament will negotiate and vote on legislation for the digital euro.


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In conclusion, the debate on the digital euro is not so much a technocratic and legislative affair as a defining political moment in the history of Europe’s money and payments system. It is an opportunity to redefine the future of money, payments and financial intermediation in a way that is in line with the principles of inclusiveness, fair markets and innovation.
Europeans deserve a digital euro that transcends the narrow interests of the banking lobby and embodies the promise of a fairer and more competitive monetary and financial landscape.



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