ECB official sees digital euro as key to protecting EU ‘sovereignty’
Summary
A senior European Central Bank official stated that a digital euro is essential for safeguarding the economic independence of the European Union. Testing with live transactions could begin in 2027, with a potential public launch scheduled for 2029 if lawmakers approve the necessary regulations this year.
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.
Source: Read the full story at Cointelegraph.com News
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