Digital euro and social credit

Annelieke A.M. Mooij

Chapter 6 in Designing the Digital Euro, 2026, pp 57-65 from Edward Elgar Publishing

Abstract: Since the European Central Bank (ECB) began exploring a digital euro, concerns have emerged, particularly among right-wing politicians, about its potential to enable a dystopian social credit system. This chapter critically assesses such fears, examining claims around programmable money, behaviour-based rewards, purchase restrictions, and currency expiration in light of fundamental rights and the legislative proposal. The chapter concludes that implementing a social credit system would require a fundamental overhaul of EU law.

Keywords: Digital Euro; CBDC; Social Credit; Fundamental Rights; ECB Mandate (search for similar items in EconPapers)
Date: 2026
ISBN: 9781035390632
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