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Euronews
Euronews
Piero Cingari

Cash is king: Why does the eurozone need a digital euro?

Cash isn’t going away just yet—but it’s losing ground fast. Across the euro area, more people are paying with cards, smartphones and apps, while physical money plays a shrinking role in daily life.

For the European Central Bank (ECB), this digital shift poses a serious question: how do we preserve the role of public money in a world that’s going cashless?

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