ECB hopes to have political deal on digital euro by early 2026

The European Central Bank wants a political agreement until the beginning of 2026 to launch the digital euro. The ECB estimates that the digital euro will reduce the use of the number by 50%. The article changes the total money. We will no longer need portfolios, cash disappears from all of Europe for the first time in Romania TV.

The European Central Bank (ECB) hopes that by the beginning of next year, it will have all political decisions to issue digital euro and then it will take two or three years to launch the currency, said Mr Piero Cipolone, a member of the ECB's executive board, at a conference, will transmit Reuters.

ECB hopes to have political deal on digital euro by early 2026

FRANKFURT :The European Central Bank hopes to have all the political decisions in place by early next year to issue a digital euro and would then need two to three years to launch the currency, ECB board member Piero Cipollone said on Thursday. The ECB has been working on a digital version of the euro for yea

The moment of truth has arrived in the political discussion on the new format of the European currency: a development without restrictions compared to the private solutions that already exist.

It is expected that there will be the digital euro in 2029. Many people are wondering what will change in cash. In Chemnitz, the Bundesbank is asking the questions in a discussion.

In Paris, Piero Cipollone delivered a speech encouraging a private public partnership in order to successfully launch the digital euro from the adopted legal framework.