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Lagarde Pushes Digital Euro to Protect EU Financial Autonomy
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Lagarde Pushes Digital Euro to Protect EU Financial Autonomy

Key Highlights The European Central Bank plans to launch a 12-month internal pilot for the digital euro in the second half of 2027, paving the way for a potential rollout across the eurozone by 2028 or 2029. A group of 36 payment providers has been selected to test key components, such as merchant acceptance, payments, ...

Digital Euro Timeline: Lagarde Ties 2027 Pilot to Year-End Legislation
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Digital Euro Timeline: Lagarde Ties 2027 Pilot to Year-End Legislation

Key Highlights The European Central Bank selected 36 payment service providers to trial a beta digital euro across 19 national central banks for online and offline payments. Wholesale settlement efforts are advancing alongside retail testing following the September 21 launch of Pontes and the ongoing development of the Appia initiative. A formal public rollout depends ...