Europe is building its own government-backed digital currency. Mid-2026 ➤ Parliament Vote 2027 ➤ Pilot Testing 2029 ➤ Launch Target Why? 70% of EU Card Payments Depend on Visa, Mastercard & PayPal. Key features: Works Online & Offline Encrypted - ECB can't identify users Free for consumers €1.3B development cost Risk: Parliament vote is NOT Guaranteed, 40+ votes short.
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🇪🇺 ECB Plans Digital Euro Launch by 2029
Europe is building its own government-backed digital currency.
Mid-2026 ➤ Parliament Vote
2027 ➤ Pilot Testing
2029 ➤ Launch Target
Why? 70% of EU Card Payments Depend on Visa, Mastercard & PayPal.
Key features:
Works Online & Offline
Encrypted - ECB can't identify users
Free for consumers
€1.3B development cost
Risk: Parliament vote is NOT Guaranteed, 40+ votes short.