ECB: Digital Euro Targeted for Issuance in 2029, Pilot to Launch in H2 2027

Odaily reports: European Central Bank (ECB) Executive Board member Piero Cipollone stated that the digital euro pilot program is planned to launch in the second half of 2027, lasting 12 months, with 36 service providers participating. The pilot will test the technology and coordinate collaboration among service providers, merchants, central banks, infrastructure operators, and users.

Legislative negotiations regarding the digital euro are underway among the European Parliament, the Council of the EU, and the European Commission, and are expected to conclude within the year. If the negotiations are completed smoothly, the ECB aims to issue the digital euro in 2029. (Bitcoin.com News)