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Over 200 German Banks push for crypto-based digital euro

Over 200 German Banks push for crypto-based digital euro – Decrypt

An association of more than 200 German banks yesterday announced support for a “crypto-based digital euro.” In a paper, the Association said the currency’s creation would address the threats that cryptocurrencies pose to the existing monetary system. To accomplish this, the Association recommended the development of a “common pan-European payments platform,” that works together with regular money.