ECB Announces Next Phase in Digital Euro Project
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Key Points: European Central Bank to potentially launch digital euro by 2029. Key legislative milestone in 2026 for the digital euro project. The project aims to modernize monetary transactions in Europe. The European Central Bank (ECB) President Christine Lagarde, on December 18, 2025, discussed monetary policy without specific statements on the digital euro’s progress at the ECB press conference. The ECB’s potential move toward the digital euro could reshape financial systems by 2029, influencing European payment landscapes amidst technological advancements and regulatory developments. ECB Eyes 2029 for Digital Euro Launch Amid Regulatory Goals Christine Lagarde’s leadership steers the digital euro project focusing on future-proofing Europe’s monetary system. The ECB is technically ready for a potential launch in 2029. The most recent press conference emphasized necessary steps to progress. The project aims at transforming monetary transactions within Europe, modernizing how digital cash functions. A key legislative milestone in 2026 is vital for the issuance goal. The ECB focuses on ensuring transparency throughout this process. Key figures include ECB’s Piero Cipollone, who stated that a digital euro will allow citizens to benefit from digital advancements. Immediate responses have been positive, with emphasis on technological readiness and expected regulatory developments. As Cipollone remarked, “This is not just a technical project but a collective effort to future-proof Europe’s monetary system. A digital euro will ensure that people enjoy the benefits of cash also in the digital era.” Digital Euro Milestones and Market Outlook Did you know? The ECB’s digital euro exploration phase began in 2020, coinciding with a global shift toward digital finance, significantly before the actual euro faces digital updates. Ethereum (ETH) is currently valued at $2,842.52 with a market cap of $343.08 billion, based on CoinMarketCap data. Recent 24-hour trade volume is $27.36 billion, marking a 15.85% change. The price reflects a…
Filed under: News - @ December 18, 2025 9:28 pm