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Image header Agence Europe
Europe Daily Bulletin No. 13742
ECONOMY - FINANCE - BUSINESS / Ecb

EU Monetary Institute paves way for technical preparations to issue digital euro

On Thursday 30 October, the Governing Council of the European Central Bank (ECB) gave the green light to the next phase of the digital euro project, marking the end of a preparatory phase that began in November 2023. The aim of this new stage is to complete the technical and organisational preparations for a potential first issue of the digital euro by 2029.

Subject to the adoption of EU legislation expected in 2026 (see EUROPE B13738A9, B13702A19), a pilot exercise could begin as early as...

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