Netherlands bracing for potentially devastating US sanctions against the ICC
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Netherlands bracing for potentially devastating US sanctions against the ICC
Unofficial Hacker News client; not affiliated with Y Combinator.
gspr · · focus · HN ↗
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Edit: They also need to force banks to make a decision. Do you want to do business in the EU? Then you must not close accounts bank accounts because someone in US puts someone on a list. If that means you lose business in the US, so be it. Make a decision which market you want to operate in. If you want to leave EU, do it. Others will take your place.
jabron · · focus · HN ↗
The infrastructure for it exists with instant SEPA transfers, and Wero is slowly developing into a useful system for retail payments, but without the EU mandating that banks and retailers must support it alongside Visa it will take a while for meaningful penetration to happen.
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