Digitalization is the way forward, and the European Central Bank has found the key: a digital Euro. In development since 2021, the planned digital Euro will help fast-track the region’s shift towards safer and more convenient online payments. Like cash, the ECB envisions its digital currency as widely accessible, risk-free, and free to use. However, the road to Euro’s digitalization has been paved with politics and controversies. Politico reports that some European Union governments are reportedly expressing concerns over the ECB’s regulation of the digital Euro. In its report, Politico…
