The ECB plans to initiate digital euro transaction testing in 2027, targeting a potential 2029 launch to bolster EU monetary sovereignty as legislative discussions progress.
ECB official states the digital euro is on track for transaction testing in 2027 and possible rollout by 2029, supporting EU monetary sovereignty with no immediate market impact.
European Central Bank official Piero Cipollone confirmed the digital euro project remains on schedule for real-world transaction testing by 2027. The central bank aims for a full rollout by 2029, contingent upon the successful passage of pending legislative frameworks later this year.
The European Central Bank is targeting a potential rollout by 2029, provided that legislative milestones are met.