EU Parliament: Compromise reached for digital euro
Offline proximity payments as a middle ground
Unified system and strong data protection
Cash remains protected
Plans for the digital euro are gaining momentum in the EU Parliament. Following intensive negotiations in the Committee on Economic and Monetary Affairs (ECON), the MEPs' negotiators agreed on a joint position on Thursday, finding compromises on highly technical issues. This marks a turnaround after the Parliament's rapporteur, Fernando Navarrete Rojas, had previously only proposed the project as a downstream option.
