EU looks to digital euro to cut reliance on U.S. payment technology
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Source: The Japan Times
Published: 2026-06-23 16:45 UTC+10:00
Section: BUSINESS
Factuality Score: 95
Opinion Category: Neutral
Topics: Business, Immigration, Europe, Technology & AI, Labour & Workers, Business & Economy, Technology
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Snippet:
The EU believes a digital euro is the answer to cutting its reliance on U.S. payment systems like Visa and Mastercard as well as Apple Pay and Google Pay as the bloc pushes for greater digital sovereignty.
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