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Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. The aim is to offer consumers an alternative Europe-wide payment option.

When a police officer last week shot and killed a resident of Paris’s suburb of Nanterre, 17-year-old Nahel M., it unleashed a wave of unrest across France – an echo of similar protests launched by youth living in housing projects two decades earlier. Billions of euros of investment in the years since have done little to calm anger over police harassment and poor living conditions in France’s housing projects.