The European Central Bank's €1.3 billion bet offers an alternative to the U.S. payments giants, but it faces an uphill battle to win over consumers, merchants, and banks.
There is zero support for Taler in the EU. They are currently raising money for creating an institution with the license to handle real money in the EU. The GLS bank in Germany was supposed to work on it, but reportedly they stopped their pilot project because of unspecified concerns.
Taler is only actually running with real money in Switzerland.
There is zero support for Taler in the EU. They are currently raising money for creating an institution with the license to handle real money in the EU. The GLS bank in Germany was supposed to work on it, but reportedly they stopped their pilot project because of unspecified concerns. Taler is only actually running with real money in Switzerland.
Oh, even worse then. I vaguely remember that Taler was indeed backed up by EU but perhaps “backed up” is not correct phrasing.
They do have a grant that is still active https://cordis.europa.eu/project/id/101135475
But that doesn’t give them the legal ability to exchange Euro…