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ECB's Cipollone says digital euro pilot to start in second half of 2027

NewsFeeds update

European Central Bank executive board member Piero Cipollone says the digital euro pilot is planned for the second half of 2027, running 12 months with 36 service providers. If legislation talks conclude this year, the ECB aims to issue the digital euro in 2029.

StablecoinsOdailyAINeutral

Read the original on Odaily

The story so far: ECB digital euro push

The ECB plans to issue the digital euro in the second half of 2029, usable at all euro-area online shops, some retailers and for person-to-person transfers. Cipollone now says a 12-month pilot with 36 service providers starts in the second half of 2027.

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  1. ECB's Cipollone says digital euro will boost European banks' competitiveness

  2. ECB's Cipollone warns of fragmented tokenisation market without digital euro

  3. ECB plans digital euro launch in 2029 covering online shops, some stores and transfers

  4. ECB's Cipollone says digital euro pilot to start in second half of 2027

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