EU Greenlights Digital Euro Plan, But Your Wallet Will Wait

EU finance ministers have agreed on a roadmap to launch a digital euro, cementing a strategic push for a European-owned payment system.

The plan includes safeguards like holding limits to protect banks and gives member states a direct say in the project.

While politically significant, the launch is not imminent. The proposal must now navigate the European Parliament, and the ECB has indicated a potential issuance date years from now, likely after 2026.

The digital euro is coming, but not anytime soon.