The digital euro project is accelerating, with the ECB having completed its preparatory phase. If the timeline holds, the EU is expected to finalize legislation in 2026, launch pilots in 2027, and ...

As the digital euro preparation phase nears its conclusion, it's crucial to consider the associated risks and benefits. Although many aspects are still under discussion, banks could incur huge costs ...

The European Central Bank (ECB) is moving its digital euro project to a preparation phase, which could pave the way for a "potential future decision" to issue one. Although a decision on whether to ...

European Union governments agreed on a common position on the digital euro, marking an important milestone for the project that’s seen as crucial for the bloc’s monetary sovereignty and the joint ...

Spain's central bank offers an interesting view inside of what the Eurosystem is building around blockchain and cryptocurrencies, with the digital euro as its flagship.

The European Central Bank (ECB) released its second progress report on the digital euro project on Monday, detailing efforts to create a unified digital payment system for the euro area. ECB updates ...

From barter to coins to banknotes to cards, the payment systems Europeans have relied on have never stopped evolving. Throughout history, innovations have made these systems increasingly sophisticated ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The European Central Bank says it could launch a digital euro ...

FRANKFURT, Oct 18 (Reuters) - The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries that share the single ...

The discussion surrounding the digital euro is strategically important to Europe. On Dec. 12, the EU finance ministers are aiming to agree on a general approach regarding the dossier. This sets out ...

Since the launch of the investigation into the possible issuance of a digital euro in October 2021 1 in response to the invitation by Leaders at the Eurosummit, the Eurogroup has held regular ...