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0.0002982403817477 0.0002982403817477 0.00109354806640819 0.000695894224078014 0.00427477880505027 0.00497067302912814 0.0017894422904862 0.00367829804155487
Stock impact report

European Central Bank edges forward on digital euro [Yahoo! Finance]

PayPal Holdings, Inc. (PYPL) 
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
Company Research Source: Yahoo! Finance
The European Central Bank is pressing ahead with plans for a digital euro, establishing new partnerships to help create a free and unified European alternative for digital payments. The digital euro is a proposed central bank digital currency that would be a secure, electronic form of cash issued by the ECB for the Eurozone, to complement physical banknotes and coins. The aim is to establish a digital, free-to-use, universally accepted payment method for online and offline shopping or person-to-person transfers. To date, there is no generally available open standard in Europe that is supported by all payment terminals. Instead, people depend on standards owned by international card schemes and global digital wallets. The partnerships aim to use existing technical standards to process online payments with the digital euro. ECB Director Piero Cipollone, who chairs the Digital Euro Task Force, says the bank is determined to ensure that the digital euro is compatible with exist Show less Read more
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