Cointime update: European Central Bank executive board member Piero Cipollone warned EU lawmakers that failure to finalize digital euro legislation could delay the planned 2029 launch. He urged negotiators to reach agreement by year-end, saying delays could deepen Europe’s reliance on foreign payment providers. The ECB plans a 12-month pilot in the second half of 2027 and will decide on issuance after legislation passes.
ECB Warns Delayed Legislation Could Push Back 2029 Digital Euro Launch
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