A consortium of six European nations is pushing for a new, digital, cross-border payment system which ultimately aims to combine the EU Digital Identification program with a digital euro. The NOBID (Nordic-Baltic eID) project – which is comprised of the governments of Denmark, Germany, Iceland, Latvia and Norway – is being supported by multinational banks, large technology firms, and other government agencies from across Europe. NOBID’s website describes the project – which sounds eerily similar the kinds of social credit system used by countries like Communist China – as the brainchild of the unelected European Commission.

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