ECB Prepping the Ground for Digital Euro Launch
Bitcoin Magazine ECB Prepping the Ground for Digital Euro Launch Christine Lagarde, President of the European Central Bank, has announced the intent to launch a Digital Euro in October. This post ECB Prepping the Ground for Digital Euro Launch first appeared on Bitcoin Magazine and is written by Efrat Fenigson.
Bitcoin Magazine
ECB Prepping the Ground for Digital Euro Launch
The European Central Bank (ECB) is laying the groundwork for the probable launch of its wholesale and retail central bank digital currency (CBDC), the Digital Euro. Christine Lagarde, President of the ECB, shared this update at their latest press conference. “President Lagarde stressed that the digital euro is ‘more relevant than ever,'” the ECB tweeted.
Lagarde emphasized that the Digital Euro, the EU’s CBDC solution, is set to launch in October 2025—provided it passes the legislative phase involving key stakeholders, including the European Commission, Parliament, and Council. Notably absent from this process is the European public, despite the significant impact this initiative will have on their daily lives.
