What I wonder now is, if this is confirmed, what will happen to the EU? So far what they are doing is accelerating the launch of the Euro CBDC. Are they going to be left alone in the race or will decisions like this make them rethink things?
They have Euro digital fiat already since many years ago. Why do they need Euro CBDC? What would be its advantages that the digital fiat does not have?
I have not seen any good reason to have it. They are just like digital fiat and they will only be used digitally like the digital fiat. No good use than that.
It will be good if they change their decision.