The EU’s central bank is preparing a digital euro to cut dependence on Visa, Mastercard and Apple Pay. Success hinges on giving consumers an easy-to-use payment system without prompting a flight from bank savings.
It would totally make sense to make a law that every payment service must only obey to the laws in the European Union and be sanction proof. If that means that MasterCard or Visa can’t operate on the EU market or need to split off their EU operations, that’s ok
It would totally make sense to make a law that every payment service must only obey to the laws in the European Union and be sanction proof. If that means that MasterCard or Visa can’t operate on the EU market or need to split off their EU operations, that’s ok