ECB official says digital euro pilot to begin in 2027, rollout possible by 2029
Briefing by News4U · First published
Piero Cipollone said the digital euro would give the EU sovereignty over payments now dependent on non-European providers.
Cointelegraph reported that European Central Bank Executive Board member 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. [1]
Cipollone told Italy’s Milano Finance that the digital euro would give the EU “sovereignty” over payments infrastructure now dependent on external, non-European third parties. [1]
Sources
- ECB official sees digital euro as key to protecting EU ‘sovereignty’
Cointelegraph · · Full text