ECB advances digital euro project to its next phase
                                                        
                                                            The European Central Bank (ECB) has announced that it plans to advance the digital euro project to its next phase, following the successful completion of the preparation phase launched by the Eurosystem in November 2023. This decision, taken in line with guidance from European leaders at the October 2025 Euro Summit, aims to ensure the Eurosystem’s technical and operational readiness for a potential first issuance of the digital euro by 2029, subject to the adoption of the necessary legislation in 2026 and the commencement of pilot activities in 2027.