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⚡️🇪🇺 NEW - The digital euro is ready... The ECB says it has completed all the technical work to launch the digital euro.

It now depends on political approval from European lawmakers.

"We have done our job."

"Our ambition is to ensure that in the digital age, there is a currency that is the anchor of financial system stability."

- Christine Lagarde, President of the ECB.

How come they built it before getting it approved

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EUs politics. They already know it will get approved eventually. They just do whatever the fuck they want.

Interesting though is where did those funds come from when this wasn’t even approved.

People's pockets :))

Obviously, yeah. But how the hell are they even allowed to spend money on sth yet to approve???

When there are good proposals they take AGES to spend a dime, but for sth nobody wants and it’s yet to approve somehow they didn’t even need to ask.