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Source: EU officials are speeding up planning for digital euros

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Source: EU officials are speeding up planning for digital euros

According to Foresight News, sources revealed that the new US stablecoin bill has raised concerns about the competitiveness of European digital currencies and EU officials are accelerating their planning for a digital euro, according to the Financial Times. EU officials have been “rethinking the digital euro plan” since the bill passed. The source added that for privacy reasons, officials are currently considering running the digital euro on public chains such as Ethereum or Solana instead of the previously expected private blockchains.

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