The battle for the global payments system is under way

Q: How long will it take to read this news story?

The story "The battle for the global payments system is under way" has 832 words across 40 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "The battle for the global payments system is under way" was covered 1 days ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 13 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27610646</li><li>URL: https://beamstart.com/news/the-battle-for-the-global-17439163788298</li></ul>

Financial Times 1d ago

The battle for the global payments system is under way - Financial Times

Quick Summary:

All this is ignored by those who belittle the digital euro project as a solution in search of a problem.

His administration is stacked with people deeply involved in the payments technology business, such as Elon Musk (who first hit it big with PayPal) and Howard Lutnick (who has ties to stablecoin issuer Tether).

Earlier last month Paschal Donohoe, president of the Eurogroup of finance ministers, spoke of a “heightened level of urgency” in progressing to a digital currency.Take heed.