Digital Euro Expected to Launch by 2029 Amid Legislative Progress

According to PANews, European Central Bank Executive Board member Piero Cipollone has indicated that the digital euro could become a reality by 2029 as efforts to advance the project intensify. Last week, Eurozone finance ministers reached an agreement on setting limits for customer holdings, which Cipollone described as a 'significant breakthrough' and a sign of momentum. Speaking at the Bloomberg Financial Future event on Tuesday, he noted that discussions at the member state level are progressing smoothly, with mid-2029 being a reasonable target for the launch. The primary obstacle remains the need for legislative support from the European Parliament source: https://www.binance.com/en/square/post/30080521876250?utm_source=BinanceNewsRSS