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ECB Targets 2029 Digital Euro Launch After Massive 2027 Pilot

By Sergio Goschenko

Piero Cipollone, a member of the Executive Board of the European Central Bank, declared that the bank was still targeting 2029 for the issuance of the digital euro, and that its pilot would start in the second half of 2027, running for 12 months. ECB Lays out Digital Euro Roadmap, Targets 2029 for Potential Issuance…

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Central bank

The public institution that manages a country's currency, money supply and benchmark interest rate, such as the Federal Reserve or the Reserve Bank of India.

Its decisions on rates and money supply move loan costs, currencies and markets for everyone in the economy.

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