Regulation· ★★★· neutral·

Hoskinson warns EU against trusting digital euro

  • —Hoskinson spoke at the Future of Money summit at UN headquarters in New York
  • —He called for a legal ban on programmable spending limits in the digital euro
  • —The Commission's 2023 proposal excludes programmable money, but guarantees remain non-final
  • —A third negotiation round on September 30 failed to agree on holding limits
Why it matters: The final digital euro rules will shape privacy and spending controls for millions of users across the EU.
Source: Newsbit