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European Central Bank Aims for 2029 Launch of Digital Euro, Continues Preparatory Efforts
By Mark Schroers | October 29, 2025, 8:45 AM UTC
The European Central Bank (ECB) is set to persist with its preparations for the digital euro even after the current phase concludes at the end of this month. The bank is targeting a launch date for this new digital currency in 2029.
During a meeting scheduled this week in Florence, Italy, ECB officials are expected to confirm their commitment to advancing the preparatory work necessary for the digital euro. According to sources familiar with the discussions, the issuance of the currency is contingent upon establishing a suitable legal framework. These insiders requested anonymity due to the sensitive nature of the talks.
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Source: Original