Amazon-Led Digital Euro Trials Are Coming. Here’s What to Know.
![Amazon-Led Digital Euro Trials Are Coming. Here’s What to Know.](https://ussnsimg.moomoo.com/1664454960177-70042948-android-org.png/bigmoo)
The European Central Bank is tapping various companies for help preparing a trial for a digital euro.
However, the ECB is receiving criticism for its decision to give $Amazon (AMZN.US)$ a role in this trial. Especially when factoring in Amazon’s already-strained relationship with the EU. Just days before the announcement, Amazon had vocalized plans to stop operating in the EU in order to avoid antitrust fines it faces there. When it offered a set of concessions to end the EU’s antitrust probe, many lawmakers and lobbyists demanded the proposal’s rejection.
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However, the ECB is receiving criticism for its decision to give $Amazon (AMZN.US)$ a role in this trial. Especially when factoring in Amazon’s already-strained relationship with the EU. Just days before the announcement, Amazon had vocalized plans to stop operating in the EU in order to avoid antitrust fines it faces there. When it offered a set of concessions to end the EU’s antitrust probe, many lawmakers and lobbyists demanded the proposal’s rejection.
$Bitcoin (BTC.CC)$ $Apple (AAPL.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$
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