Cyprus: Technology

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The Digital Euro: A New Chapter For European Finance
The European Parliament's Economic and Monetary Affairs Committee has approved a legislative proposal for the digital euro, a new electronic form of money issued by the European Central Bank. This comprehensive package addresses the establishment of the digital euro, its distribution by payment service providers, and the continued legal tender status of physical cash, with a pilot programme scheduled for 2027.
Worldwide Finance
GZ
George Z. Georgiou & Associates LLC
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