Digital Euro May Be Rolled Out in Mid-2029, ECB’s Cipollone Says

The digital euro could become a reality in 2029 as efforts intensify to get the long-running project off the ground, according to European Central Bank Executive Board member Piero Cipollone.

The Italian official touted a “major breakthrough” last week as euro-area finance chiefs reached an accord on how to set customer holding limits, adding that he now sees momentum.