The Council today agreed on its negotiating position on key proposals to strengthen the euro currency and, in turn, improve ...

Discussion about the digital euro has been constantly growing since it was first announced back in 2021, with conflicting narratives and even conspiracies about the currency cropping up online as the ...

European Union governments agreed on a common position on the digital euro, marking an important milestone for the project that’s seen as crucial for the bloc’s monetary sovereignty and the joint ...

The digital euro project is accelerating, with the ECB having completed its preparatory phase. If the timeline holds, the EU is expected to finalize legislation in 2026, launch pilots in 2027, and ...

According to a new survey conducted by management and technology consultancy BearingPoint in seven European countries, cash is the most frequently used payment method. On average, one out of four ...

Critics on both ends remain unconvinced. Some say the ECB’s cautious approach ducks systemic issues like entrenched banking power, while others view it as intrusive state meddling in a flourishing ...

The European Central Bank last week sent out five calls for applications looking for providers to build out services around a potential digital euro. More than half of the $1.3 billion contract budget ...

The digital euro is edging closer to reality, despite concerns over the project’s privacy risks and functionality. The European Commission on Wednesday proposed a legal framework for the electronic ...

The digital euro would be a digital form of 'central bank money' issued by the European Central Bank for retail use alongside, for instance, physical cash. To understand the concept of a digital euro, ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The European Central Bank (ECB) has been working on developing ...

The United States must respond firmly and use every tool to combat Europe’s so-called "digital sovereignty" attacks on U.S. tech companies.