Here in Holland we have a parliamentarian, Mahir Alkaya (Socialist Party), whose written a book on CBDCs and now serves as parliamentary rapporteur on the topic. He says the EU is pushing forward with a CBDC without real input from the member states; we aren't considered "stakeholders". That means parliamentary concerns about anonymity, programmability, and keeping the cash system are not being taken into consideration. That's the bad news. The good news is that there seems like growing skepticism and suspicions about CBDCs. I doubt it would be possible, for example, for the ECB to switch to a 100% CBDC system overnight, hence there should be plenty of opportunity to scrutinize whatever system they want to roll out.
Here in Holland we have a parliamentarian, Mahir Alkaya (Socialist Party), whose written a book on CBDCs and now serves as parliamentary rapporteur on the topic. He says the EU is pushing forward with a CBDC without real input from the member states; we aren't considered "stakeholders". That means parliamentary concerns about anonymity, programmability, and keeping the cash system are not being taken into consideration. That's the bad news. The good news is that there seems like growing skepticism and suspicions about CBDCs. I doubt it would be possible, for example, for the ECB to switch to a 100% CBDC system overnight, hence there should be plenty of opportunity to scrutinize whatever system they want to roll out.