Dossier
Alessandro Giovannini
Coverage of Alessandro Giovannini in the Nexus archive.
- EU bets on digital euro to cut US tech addiction
The EU aims to reduce reliance on U.S. payment systems like Visa, Mastercard, Apple Pay, and Google Pay by advancing a digital euro. The European Parliament's economy committee approved the initiative, with full approval pending. The ECB plans a 2029 launch if legal frameworks are approved, emphasizing privacy and offline functionality.