ECB eyes digital euro pilot by 2027, full launch in 2029 By Investing.com
Update: 2025-10-30
Description
Europe's Central Bank Unveils Digital Euro Plan: Aiming for 2029 LaunchThe European Central Bank has announced its intention to launch a digital euro by 2029, with pilot testing starting in 2027. This move aims to provide a strong alternative to popular private payment methods and enhance Europe's financial independence amidst growing geopolitical tensions. The project's success hinges on securing legal approval from lawmakers.
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