EU Parliament negotiators reach compromise on digital euro (heise.de)
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- EU Parliament negotiators agree on digital euro compromise.
- Offline mode limited to near-field; distance offline requires AML assessment.
- Merchant fees temporarily capped; small businesses benefit from lower rates.
- Strong data protection via GDPR and privacy by design; offline transactions leave no central records.
- ECON vote on June 23; plenary before summer break.
"EU Parliament negotiators have agreed on a compromise for the digital euro, including an offline mode for proximity payments and capped merchant fees. The deal aims to create a unified digital currency infrastructure with strong privacy protections. Key points include free offline transactions, cost limits for merchants, and integration with the EUDI wallet. The ECON committee vote is set for June 23."
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