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EU’s ECB Faces Opposition to Digital Euro Plans That Threaten to Slow CBDC Project

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Ultimately central bank officials are usually economists, not marketing experts, and technical answers may only go so far. As Erik Luts, chief innovation officer at Belgian bank KBC, said, for CBDCs to work, people need to trust them, and that requires its proponents not just to argue over details, but to convince them of honest motives.

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