Cipollone Says Digital Euro Would Protect Privacy and Be Widely Accepted

European Central Bank Executive Board member Piero Cipollone said the proposed digital euro would protect users’ privacy and be widely accepted across the euro area, describing it as a public payment option. The digital euro is planned to complement cash. The ECB’s 12-month pilot plan is scheduled to begin in the second half of 2027; that timetable is separate from a possible issuance. The ECB aims to be ready for a potential first issuance in 2029 if European Union lawmakers adopt the required regulation by the end of 2026.

Source: TokenPost