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Italian banks back the ECB’s digital euro project but seek a slower rollout to manage costs and limit risks to traditional deposits.

With legislation advancing and technical tests underway, the digital euro is moving closer to reality — but questions remain about timing, trust, and the future of European money.

As the ECB advanced technical work on the digital euro, EU policymakers debated privacy rules, access rights, and limits to ensure public trust and financial stability.

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.