The European Central Bank (ECB) revealed a few days ago that the specific timeline for the creation of the digital euro is already underway, with its launch potentially occurring in 2029.
This was stated by Piero Cipollone, member of the Executive Board, who emphasized that the purpose is "to offer…
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ECB accelerates development of the digital euro
Transforming euro banknotes into digital format is not a new idea. However, there are currently compelling reasons that are leading the European Central Bank (ECB) to accelerate the process toward a solution that safeguards the region's…
ECB launches platform for the use of digital euro
The European Central Bank unveiled its new platform for payments using the digital euro. Around 70 entities are participating in the initiative, including banks, fintechs, startups, and payment service providers.
The ECB had been working…
Digital euro developments focus on privacy and holding limits
The digital euro could see the light of day in October 2025. In the meantime, authorities are focused on two key issues: privacy and holding limits.
A second report published by the European Central Bank (ECB) details the progress of the…
ECB will begin preparation phase for the digital euro
This Wednesday, the European Central Bank announced the start of the test phase for a possible digital euro starting next November 1.
Members of the ECB council indicated that with this preparation phase, aspects such as the necessary…
French expert assures that the Digital Euro is a necessity
François Villeroy de Galhau, Governor of the Banque de France, told commercial bankers that the digital euro presents benefits for all concerned. During the World Conference of Official Institutions organized by the French multinational…
Most Germans are skeptical about the creation of the digital euro
The majority of citizens in Germany are skeptical of the plans of the European Central Bank (ECB) to create the digital euro and consider that it is not necessary, according to a survey released this Saturday.
76 % of the people who…
Europe will launch a pilot test of the digital euro in 2023
Fabio Panetta, member of the executive board of the European Central Bank (ECB) and one of the officials with the greatest knowledge about the digital currency project, pointed out that the digital euro could be released on the market by…
ECB will continue with its economic stimulus policy
ECB President Christine Lagarde recently pointed out that raising interest rates too quickly would stifle the Eurozone's recovery. "Raising the main interest rate of the European Central Bank now would not reduce the historically high…
The European Union estimates to launch its digital currency in 2025
The European Commission continues to work on the development of the digital euro and they estimate to finalize a first prototype of their digital currency by the end of this year. But the commission plans to launch it on the market,…
Crypto platform EuroSwap could boost digital euro
The crypto platform EuroSwap has a work team focused on clarifying doubts in common people about cryptocurrencies, blockchain technology and the future of the digital euro.
According to the platform, there are currently many doubts in the…
The digital euro must be very attractive according to the ECB
The digital euro must have sufficient attractiveness in its design so that the public generally accepts it as a means of payment and is not redundant compared to other instruments. While avoiding excessive success as a store of value that…