# DigitalEuro

EU finance ministers and the European Central Bank reached a compromise on the issuance roadmap for the digital euro.
According to news from Hash World Chain, Reuters reports that EU finance ministers have reached a compromise with the European Central Bank on the roadmap for the issuance of the digital euro, which will grant finance ministers decision-making power regarding the issuance and holding limits. This initiative aims to reduce dependence on the US payment system and enhance European sovereignty. The legislation for the digital euro is still pending approval from the European Parliam

European Central Bank is challenging global payment giants with the digital euro 🌍💶💻 ECB aims to boost European economic sovereignty and compete with American and Chinese _s. 🇪🇺💪 #DigitalEuro ECB #Cryptocurrency

In a significant development, the European Central Bank (ECB) has expressed concerns over the rising influence of U.S. dollar-backed stablecoins in Europe. ECB board member Piero Cipollone emphasized the need for the eurozone to develop its own digital currency to maintain competitiveness. This stance could lead to accelerated efforts toward a digital euro, potentially impacting the cryptocurrency market by introducing a new form of digital asset. The crypto community is closely monitoring these developments, as they may influence the dynamics between traditional financial systems and digital