ECB enters next phase of digital euro development

The European Central Bank (ECB) has moved the digital euro into its next phase, shifting the project from planning to technical preparation, with the Eurosystem aiming to be ready for a potential first issuance in 2029, provided the relevant EU legislation is adopted in 2026, according to the ECB’s latest progress update and the Bank of Greece’s annual report.  A key feature of the proposed digital currency is offline […]