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ECB Selects 36 Institutions for Digital Euro Pilot Starting in 2027
The European Central Bank (ECB) has reached a significant milestone in the development of its Central Bank Digital Currency (CBDC) by selecting 36 payment service providers (PSPs) to participate in an extensive pilot pr…
European Parliament Advances Digital Euro to Key Negotiation Stage
The European Parliament has officially passed a resolution to move the digital euro project into its next critical phase. Following a decisive vote, the central bank digital currency (CBDC) initiative will now enter for…
EU Parliament Moves Forward with Digital Euro Framework Negotiations
The European Parliament's Committee on Economic and Monetary Affairs (ECON) has officially approved a mandate to begin negotiations on the legislative framework for the digital euro. This decision marks a significant mi…
ECB Official Calls for Digital Euro to Counter Stablecoin Risks
Isabel Schnabel, a member of the European Central Bank (ECB) Executive Board, has emphasized that the most effective strategy for managing the expansion of stablecoins is the implementation of a digital euro. Speaking o…
ECB’s Lagarde Warns Euro Stablecoins Threaten Monetary Stability
European Central Bank (ECB) President Christine Lagarde has issued a warning regarding the proliferation of euro-denominated stablecoins, asserting that these digital assets pose significant risks to financial stability…
ECB Sets July 2029 Target for Digital Euro Launch as Momentum Grows
The European Central Bank (ECB) has provided a definitive roadmap for the introduction of its central bank digital currency (CBDC), with July 2029 identified as the official launch date. According to Piero Cipollone, a …