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ECB Redirects Digital Euro: End of Retail Plan, Wholesaler Arrives
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Just two years ago, the European Central Bank enthusiastically presented its retail digital euro project. Today, the plan fades away. The ECB has reoriented its strategy towards a wholesale digital euro, as confirmed by the Financial Times, leaving in abeyance the version intended for citizens. A 180 degree turn that few anticipated and that completely changes the rules of the game for banks, fintech and investors. A turn towards institutional p…
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