ECB says iPhone is currently incompatible with digital euro

Apple users may have worse digital euro payments experience – Cipollone

Apple Inc
Flickr/allenhimself

European Central Bank (ECB) executive board member Piero Cipollone has called for changes to tech firm Apple’s payments system.

Cipollone said Apple must change its approach in a letter sent to Thierry Breton, the European Commissioner for the internal market, on April 19. He warned that its current approach could be incompatible with making offline payments in any future European central bank digital currency.

“Apple’s proposed commitments would not give third parties full access to the secure

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.