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authorFlorian Dold <>2021-05-06 16:01:32 +0200
committerFlorian Dold <>2021-05-06 16:01:44 +0200
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+{% extends "common/news.j2" %}
+{% block body_content %}
+<h1>2021-2: Helping the European Commission</h1>
+In December 2020 the European Parliament asked the European Commission
+about the suitability of GNU Taler to establish a digital Euro in a
+<a href="">small inquiry</a>.
+In the <a href="">official answer</a>,
+the commission mostly asserts that it is unable &quot;to assess the functioning of the GNU Taler payment system&quot;,
+and points to a maximum transaction limit of 150 EUR, without really answering
+the questions raised by the inquiry.
+To assist the European Union with regards to the inquiry, we point
+out that the operation of GNU Taler is completely and transparently
+made public at <a href=""></a>,
+so if the European Commission is, like anyone else, in position to assess the
+functioning of the GNU Taler payment system. We recently also described
+details of how the system would function for an E-Euro in a
+<a href="">working paper
+with the Swiss National Bank</a>. Based on our publicly available documentation,
+Prof. Birchler, a previous member of the directorate of the Swiss National Bank,
+<a href="">publicly
+commented</a> that our approach is the best published proposal for digital cash.
+<p> With respect to EU policy objectives, we would like to point out that the
+150 EUR limit postulated by the European Commission for private payments is
+very low, and in our view incompatible with the data protection objectives of
+the European Union. We want to stress that with GNU Taler, only the citizen
+making the payment can remain anonymous. Thus, Taler is not suitable for money
+laundering or illegal business activities as receivers of payments are easily
+identified. A recent <a
+consultation</a> by the European Central Bank showed that the European
+population demands privacy compareable to physical cash when it comes to the
+Digital Euro. With cash, the transaction limit is at 10,000 EUR. Thus, were
+the 150 EUR limit apply truly to all forms of privacy-friendly electronic
+cash, this would be a key point where the European Union should provide for more
+citizen-friendly regulation, especially for technical solutions that include
+security features that adequately minimize the risk of citizens suffering
+financial losses.
+Finally, we would like to stress that the GNU Taler project is open to
+a cooperation with the European Central Bank, and is happy to answer
+questions from specialists of the European Parliament or the European
+{% endblock body_content %}