Banks in Europe have started rolling out “digital transformations” to usher in “cashless societies” to comply with the European Central Bank’s (ECB) plan to supposedly tackle “climate change.”
As part of the ECB’s “climate and nature plan,” banks that operate in the bloc are being reviewed to ensure they are making steps toward eliminating physical cash.
The financial institutions are being subjected to on-site inspections to monitor the progress of their “digital transformations.”
To comply with the “digital transformation” goals, banks must prove they are entering into the preparation phase of the “digital euro” – the European Union’s central bank digital currency (CBDC).In January, ECB President Christine Lagarde posted a video on social media to announce the push to digital cash as part of the bank’s “green transition.”In a video post on X, the caption stated:“A hotter climate and nature loss are changing our lives.“We must understand what this means for the […]
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