ECB Repeats Conditional 2029 Digital Euro Readiness Goal Ahead of Pilot

European Central Bank Executive Board member Piero Cipollone reiterated a conditional 2029 readiness goal for the digital euro, while EU lawmakers continue work on legislation required before the ECB can decide whether to issue it. “Assuming the legislative process is concluded by the end of 2026, we aim to be ready for a potential first issuance in 2029,” Cipollone said in a Nov. 5 keynote in Tirana. The milestone is readiness for a possible issuance, not a commitment to launch the currency in 2029. The ECB Governing Council would decide whether to issue it after legislation is adopted.

Source: TokenPost