ECB says digital euro is ready, urges EU to act
Summary
European Central Bank President Christine Lagarde announced that the ECB has finalized its technical and preparatory work for the digital euro, shifting the responsibility to political institutions to move quickly on adopting the regulation. This announcement came after the ECB held key interest rates steady, maintaining a meeting-by-meeting approach based on incoming data, with inflation projected to return to the 2% target by 2028. Lagarde emphasized that the digital euro is a strategic priority to ensure a stable public digital currency anchor in the financial system, especially amid concerns over global stablecoins. The digital euro is anticipated to launch in the second half of 2026.
(Source:CoinDesk)