Lagarde Reveals The ECB’s Digital Euro Timeline

Christine Lagarde believes the eurozone economy is resilient to global shocks and confirms the progress of the digital euro project. Its arrival is however not imminent for the public: the ECB plans an internal pilot in the second half of 2027 and could only proceed to a first issuance in 2029, subject to prior adoption of the European regulation. The President of the European Central Bank presented on October 17 the next steps of the project during the annual meetings of the International Monetary Fund. The immediate priority is the adoption of the European legal framework before the end of 2026. The ECB has already launched a call for applications from online and mobile merchants in the eurozone.

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