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European Central Bank Targets 2029 for Digital Euro Launch

Preparatory Phase Extended as EU Lawmakers Seek Common Regulatory Ground

According to Agerpres, the European Central Bank (ECB) plans to roll out the digital euro by 2029, extending its preparatory phase while awaiting the necessary European Union legal framework.

Officials are expected to confirm the continuation of the project during the monetary policy meeting in Florence, as the ECB aims to strengthen Europe’s financial autonomy and modernize the payment system.

Read full article here: turnovernews.com

Read also: European Banks Launch Their Own Euro-Denominated Stablecoin

Photo: OMFIF

Teodora Helerman
Teodora Helerman
Online editor, content writer, blogger, and social media specialist, with experience in writing and publishing news, creating original content, and adapting materials for various digital platforms.
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