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Earlier this year, the European Commission made a significant stride by proposing a comprehensive legal framework set to usher in a central bank digital currency (CBDC) within the Eurozone’s 20 member states.
The European Central Bank (ECB) had previously outlined plans for the digital euro, which could potentially debut by 2027, offering consumers the ability to transact with “public money” seamlessly both online and offline.
In a most recent update, ECB president Christine Lagarde provided further insights into the bloc’s CBDC efforts, most notably the security and anonymity of the upcoming digital asset.
Uncover the truth about Central Bank Digital Currencies in Europe! Join us as we expose the misleading statements, privacy concerns, and potential risks surrounding the digital Euro.
00:00 Start
00:51 Europe's Stance on CBDCs
1:43 Privacy Advocates in Europe
3:52 Anonymity vs. Anti-money Laundering Objectives
7:54 Lessons from Other Regions
11:16 Diversification and Protecting Privacy
Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best."
Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.
Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far.
If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
