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digital euro
The term **digital euro** refers to a proposed form of central bank digital currency (CBDC) that would be issued by the European Central Bank (ECB) and other national central banks within the euro area. It would represent a digital version of physical euro cash, providing a secure and official electronic means of payment that is a direct claim on the central bank, intended to complement—not replace—cash.
ECB Chief Announces Final Phase of Digital Euro Preparation
European Central Bank (ECB) President Christine Lagarde has announced the final phase of preparation for the launch of the digital euro — calling it a “symbol of faith in a shared future” and emphasizing the ECB’s commitment to...
ECB Signals Digital Euro Readiness for 2029, Pending Legislation
The European Central Bank is advancing its central bank digital currency project, indicating the Eurosystem could be ready for a potential first issuance of a digital euro in 2029—provided EU lawmakers adopt the necessary legal...
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