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ECB To Launch Payment Provider Selection For Digital Euro
6 Articles
6 Articles
The euro could soon change shape, but not substance. After coins and banknotes, after transfers and cards, the European Union is preparing for a new step: ...
The digital euro comes out of the laboratory to get into the concrete. The European Central Bank now sets a precise timetable: selection of payment service providers by 2026, and then launch of a one-year pilot in 2027. After years of studies and consultations, the project takes an operational course. Behind these deadlines is a global ambition: to put the digital euro at the heart of the European payment system on a sustainable basis and to red…
ECB Sets 2026 Timeline for Digital Euro Pilot
Key Takeaways The European Central Bank will begin selecting payment providers in March 2026. EU lawmakers aim to finalize the legal framework by late 2026, with pilot testing starting in the second half of 2027. A public launch of the digital euro is targeted for 2029. Holding limits and privacy protections will be built into the system. Executive Board member Piero Cipollone confirmed that the process of selecting Payment Service Providers wi…
ECB eyes digital euro pilot in 2027 and rollout in 2029
The digital euro could enhance EU monetary sovereignty and resilience, reducing dependency on external payment systems and boosting financial inclusion. The post ECB eyes digital euro pilot in 2027 and rollout in 2029 appeared first on Crypto Briefing.
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