The digital currency is expected to launch by 2029, in a push to bolster European autonomy in payments away from the dominance of the US dollar.

BRUSSELS: The European Union (EU) believes a digital euro is the answer to cutting its addiction to United States payment systems like Visa and Mastercard, as well as Apple Pay…

The EU believes a digital euro is the answer to cutting its addiction to U.S. payment systems like Visa and Mastercard as well as Apple Pay and Google Pay as the bloc seeks to…