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Mass Banking Outage Sparks Doubts on EU’s Planned Digital Euro: Report

Summary
Vocal opposition to the European Central Bank’s (ECB) digital euro project reportedly swelled after the institution’s payment system crashed last month. TARGET2 (T2), the ECB’s real-time gross settlement system, went down in late February, which prevented payments from being processed for...

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bitdegree.org broke the news in on Tuesday, March 11, 2025.
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