Growth of digital payments: Can retailers really refuse to accept cash?
Ireland has one of the highest values of online payments but EU is proposing measures to protect the use of cash
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Ireland has one of the highest values of online payments but EU is proposing measures to protect the use of cash
European Commission Proposes Legal Framework for Digital Euro - The European Commission (Commission) published its ‘Single Currency Package’ on 28 June 2023 with...
The Commission noted that the European Central Bank will have to undertake a significant amount of technical work to progress the digital euro, and it would only be able to issue the digital euro as a CBDC after its acceptance by both the European Parliament and Council.
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“If we want the digital Euro to become a success, we need a clear and convincing narrative of why we need it in the first place. People need to see the benefits of a digital Euro in their day-to-day lives. The European Central Bank and the European Commission have yet to make a compelling case […]