Digital Euro Pilot Phase Could Start as Soon as 2027, ECB Says

The European Central Bank may launch a pilot phase for the digital euro in 2027, provided national governments and the European Parliament agree on a legal framework next year.

That timetable was revealed in a statement on Thursday following a Governing Council decision to move to the next stage of the project after the current two-year preparation phase ends this month. Potential issuance could start in 2029, as earlier reported by Bloomberg.