ECB warns legislative delays could postpone digital euro launch
Summary
ECB Executive Board member Piero Cipollone urged EU negotiators to agree on digital euro legislation by year-end, saying delays could push back a potential 2029 launch and prolong Europe’s reliance on foreign payment providers. The ECB needs the regulation to complete preparations; its Governing Council will decide whether and when to issue the currency after the law passes. Parliament adopted its negotiating position in July, while a 12-month pilot with selected payment providers and merchants is planned for the second half of 2027.
