▶youtube BusinessBanking first seen 12 h ago, last 42 min ago, peak #5
EU debates building its own payment system
Original: A Payment System Made in Europe?
The Council of the EU is highlighting the question of whether Europe should develop its own independent payment system, reducing reliance on US-dominated networks like Visa and Mastercard. The discussion reflects concerns about digital sovereignty and strategic autonomy, with debates ongoing over initiatives such as the digital euro and a potential European card payment scheme.
Why now: Concerns over Europe's dependence on foreign payment networks have renewed debate about digital and financial sovereignty.
Council of the EUEuropean Uniondigital euro
Rank over time, top of the chart is #1. 10 snapshots from 12 h ago to 42 min ago.
Evidence
- A Payment System Made in Europe? · Council of the EU · 159.6K
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