EU council gives digital euro the provisional green light

EU council gives digital euro the provisional green light – Central Banking

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ECB says it is ready for 2029 issuance once parliament and council have given their final approval


Digital euro

The Council of the European Union has agreed to take a positive stance on the European Central Bank’s plans to issue a digital euro.

In a press release today (December 19), the council said it “agreed its negotiating position on key proposals to strengthen the euro” through the introduction of a central bank digital currency and by “better clarifying the legal tender status of euro cash”.

The council is a co-legislative body of the European Union. Its presidency rotates every six months, and it is

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