In brief ECB board member Cipollone warned Friday that stablecoin growth could strip European banks of retail deposits, on top of the fees and transaction data they’re already losing to mobile payment platforms. Two-thirds of card payments in the euro area route through non-European schemes, and 13 of 21 eurozone countries have no national card scheme of their own. The ECB named 36 payment service providers for a digital euro pilot starting in the second half of 2027, days after the European Parliament voted 416 to 169 to begin formal legislative negotiations. European banks are losing the payments war in…

In Germany, an artist and activist was arrested multiple times, once for wearing a Palestinian flag and again for holding a sign that read “from the river to the sea, we demand equality.” In France, a mayor was held criminally liable, not for what he said, but for failing to remove Islamophobic comments posted by others beneath one of his Facebook posts. In Finland, a member of Parliament faced criminal charges for criticizing her church’s support for gay pride events, citing a Bible verse. Such cases are not exceptional among European Union member states. In many places, they are standard…

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