ECB official sees digital euro as key to protecting EU ‘sovereignty’
2 outlets · first seen 2d ago · latest 1d ago
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Cointelegraph.com Newsfirst seen
ECB official sees digital euro as key to protecting EU ‘sovereignty’
Piero Cipollone said the bloc is on track to test real transactions in 2027 and roll out a digital euro as early as 2029, pending legislation this year.
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Blockonomi
ECB’s Cipollone Says Digital Euro Pilot Will Start in 2027
TLDR ECB board member Piero Cipollone says the digital euro would reduce Europe’s reliance on non-European payment companies. A pilot using real transactions by ECB and national central bank staff will start in 2027. The digital euro could launch as early as 2029 if EU lawmakers approve the regulation this year. There will be limits on how much people can…