Core Viewpoint - The Frankfurt Digital Finance Conference emphasizes the need for Europe to reduce its dependence on the U.S. financial system and to pursue digital transformation for greater strategic autonomy [1] Group 1: European Financial Independence - Participants at the conference advocate for a decrease in reliance on the U.S. in various sectors, including technology, defense, and energy, highlighting the importance of strategic autonomy for Europe [1] - Thomas Book from Deutsche Börse Group stresses that the current global challenges necessitate a shift away from historical dependencies on the U.S. in capital markets [1] Group 2: Structural Dependence on the U.S. Dollar - Joachim Wiemerlin, a professor at the European Institute of Management and Technology, points out the structural dependence of the global financial system on the U.S. dollar, which has become increasingly problematic [1] - The perception of trust in the U.S. is diminishing, prompting calls for Europe to reduce its financial reliance on the U.S. [1] Group 3: Strategic Risks and Recommendations - Dennis-Kenji Kipker from the German Institute for Network Intelligence suggests that Europe should enhance its autonomy and diversify its strategies to mitigate risks associated with dependence on the U.S. [1] - There is a concern that further U.S. export controls or technology restrictions could jeopardize Europe's critical digital infrastructure [1]