Browsing: Digital Euro
Latest updates, trials, and expert insights on the European Central Bank’s digital euro project.
In a recent ECB podcast interview, Piero Cipollone detailed how the digital euro will work, why it will not replace cash, and when pilots and legislation are expected to move forward.
A new BIS study shows that nearly half of Austrian consumers intend to adopt a digital euro, with security protections and cost incentives emerging as the strongest motivators.
An ECB adviser has challenged the feasibility of a retail digital euro limited to offline use only, marking a fresh divergence with some European Parliament members who favour such a design.
The ECB has completed the preparation phase of the digital euro, selecting private-sector partners and finalising its rulebook. Lawmakers are expected to decide on legislation in 2026, paving the way for pilot testing.
Italian banks back the ECB’s digital euro project but seek a slower rollout to manage costs and limit risks to traditional deposits.
After two years of investigation, the ECB entered the next stage of the digital euro project, focusing on technical design, rulebook drafting, and cooperation with the European Commission.