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-0.000541915810164061 -0.000505175755237712 -0.00155226732063969 -0.0010379065516704 -0.00210336814453534 -0.00470272703057681 -0.00247076869379925 -0.00627354807895427
Stock impact report

EU Parliament backs digital euro, aligns with Council on online- and offline-ready currency [Yahoo! Finance Canada]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
The endorsement matters because ?the European Central Bank needs Parliament's legislative approval before it can issue a digital euro, meaning its goal of ?a 2029 launch depends on lawmakers signing off. The assembly's position marks a shift from earlier parliamentary proposals focused solely on offline payments and signals closer alignment with the ECB on safeguarding the bloc's monetary sovereignty. The ECB has been developing a digital euro to preserve the role of ?central bank money in an increasingly ?digital economy and to reduce reliance on non-European payment providers. Fraying transatlantic relations and growing geopolitical risks have stoked concerns about the fragmentation of ?EU payments services and the bloc's dependence on U.S. providers such as Visa or Mastercard - with some countries lacking altogether a domestic payment network. The project, however, met resistance from bank lobbies in countries such ?as Germany and progress in parliament stalled, with the d Show less Read more
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