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Amazon’s Role in ECB Digital Euro Panned by EU Lawmakers

Sept. 29, 2022, 1:38 PM

The European Central Bank shouldn’t let Amazon.com Inc be part of prototyping efforts for the digital euro, European Parliament lawmakers said Thursday.

The monetary authority chose Amazon and four other payment service companies in September to test interfaces for consumer payments using digital currency. Amazon was the only company chosen to test payments in an e-commerce setting.

The choice of Amazon was “difficult to understand” and could give the company “advance information on the prototype used” when the digital euro is rolled out, said Ernest Urtasun, a Spanish Green lawmaker, speaking at a hearing on the digital ...