ECB’s Cipollone Says Digital Euro Pilot Will Start in 2027

TLDR ECB board member Piero Cipollone says the digital euro would reduce Europe’s reliance on non-European payment companies. A pilot using real transactions by ECB and national central bank staff will start in 2027. The digital euro could launch as early as 2029 if EU lawmakers approve the regulation this year. There will be limits [...]

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