ECB official: Digital euro expected to be launched in mid-2029

According to Odaily Planet Daily, Piero Cipollone, a member of the European Central Bank's Executive Board, stated that the digital euro is expected to be officially launched in mid-2029. He revealed that Eurozone finance officials reached an agreement last week on the customer holding limit for the digital euro, a key development that has injected momentum into the project. The project is currently gaining momentum, and relevant parties are accelerating the implementation of this long-term digital currency plan. (Bloomberg)