Digital euro: ECB vows no spending limits, critics demand legal guarantees
- —EU Parliament, Council and Commission talks remain deadlocked over merchant fees and holding limits
- —ECB promises no programmable spending restrictions, but the safeguards are not yet legally binding
- —Hoskinson warned the digital euro could become a 'financial panopticon' tracking and blocking payments
- —ECB plans a 12-month pilot from late 2027, with a possible launch in 2029
Why it matters: The design of the digital euro will set a precedent for CBDCs in Europe, shaping privacy and payment freedom.
Source: BitcoinBázis