The European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by the end of 2026. If approved, the ECB could launch a pilot with around 40 banks and payment firms in 2027, followed by a full rollout in 2029. The digital euro would be an electronic form of cash issued directly by the ECB, offering the public a central bank-backed digital payment option.

MILAN, July 13 : Talks between the European Parliament, European governments and the European Commission on rules for a digital euro begin on Monday, three years after the…

The European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by the end of 2026. If approved, the ECB…

FRANKFURT, July 14 : The European Central Bank has picked 36 payment service providers, including some of the euro zone's biggest financial firms, to join the pilot programme for…

The ECB selected 36 payment service providers for a digital euro pilot starting in 2027, with full readiness targeted for 2029 pending regulatory approval.

The ECB's digital euro project advances toward 2029 launch, raising concerns about financial privacy, transaction surveillance, and a proposed €3,000

The ECB selected 36 payment firms including Deutsche Bank, Adyen, and Revolut for a digital euro pilot launching in late 2027, targeting potential issuance

The ECB selected 36 payment providers to test a beta digital euro in a yearlong pilot beginning in late 2027.

The European Central Bank (ECB) has selected 36 payment service providers to help test the digital euro in a year-long pilot from 2027, marking the latest milestone in the EU's…

The European Central Bank has selected 36 payment service providers for a 12-month digital euro pilot due to begin in the H2 2027.

The ECB selected 36 payment providers including Deutsche Bank and Revolut for a 12-month digital euro pilot starting H2 2027, targeting full issuance by