Europe Tightens Capital Controls Amidst Digital Euro Uncertainty

European nations are implementing stricter capital controls in response to concerns about the potential introduction of a digital euro. As reported by PANews, CitizenX CEO Alex Recouso announced on X (formerly Twitter) that Spain has introduced new regulations requiring cash withdrawals exceeding 150 euros to be reported within 24 hours. This news comes amidst increased scrutiny surrounding the future design and implementation of a potential digital currency. Tether CEO Paolo Ardoino weighed in, highlighting the evolving atmosphere surrounding the digital euro.