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ECB Advances Digital Euro as U.S. Treasury Flags CBDC Risks
ECB Advances Digital Euro as U.S. Treasury Flags CBDC Risks
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The European Central Bank has taken a decisive step in its digital euro initiative, partnering with COTI Network for sandbox testing. This collaboration marks a critical phase in the ECB’s exploration of central bank digital currencies, positioning Europe as a proactive player in the space.
Across the Atlantic, U.S. Treasury officials are sounding alarms about potential CBDC risks, creating regulatory divergence between the two economic powerhouses. The contrasting approaches highlight the growing complexity of digital currency adoption at institutional levels.
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