ECB Warns Legislative Delays Could Push Back Digital Euro's 2029 Launch Plan

November 11 — According to Cointelegraph, European Central Bank Executive Board member Piero Cipollone warned EU lawmakers that if digital euro legislation is not finalized soon, it could delay the planned 2029 launch. He urged EU negotiators to reach an agreement on digital euro legislation before the end of the year, and said legislative delays could deepen Europe's reliance on foreign payment providers. The ECB plans to be ready for a possible first issuance in 2029 if the EU passes the regulation this year; whether to issue, and when, will be decided by the bank's Governing Council after the legislation is adopted. The ECB is preparing to launch a 12-month pilot in the second half of 2027.