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ECB's digital euro sparks flurry of online misinformation

  • European Central Bank President Christine Lagarde's remarks led to misinformation about a digital euro, revealing challenges in public understanding of the project.
  • Lagarde stated that any potential launch of the digital euro is years away, despite alarm about an October 2025 deadline.
  • Misconceptions about a digital euro included fears it would end cash and enable financial surveillance, claims highlighted by others.
  • Awareness of the digital euro increased from 18% to 40% between 2022 and 2024, but many Europeans remain uninterested, with willingness to use it below 50%.
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ECB's digital euro sparks flurry of online misinformation

European Central Bank president Christine Lagarde's recent remarks on a "digital euro" prompted a fresh wave of misinformation online, highlighting an uphill battle ahead to convince the public of the project's merits.

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naked capitalism broke the news in on Tuesday, March 25, 2025.
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