The digital euro's introduction has sparked division and concern within Europe, with some citizens and politicians viewing it as a threat to individual freedom and financial privacy.
While the European Central Bank (ECB) aims to make the currency "future-proof" and promote financial inclusion, skepticism remains among Europeans regarding surveillance powers and privacy implications.
Cash continues to be widely used in Europe, complicating the transition to digital payments, with some viewing cash as essential for privacy and financial freedom.
Concerns also arise about potential government control and misuse of financial data, highlighting the need for transparent governance and privacy guarantees in the digital euro project.
Despite these challenges, proponents argue that the digital euro could enhance European autonomy in payments infrastructure and foster innovation in the European payments sector.