EU digital euro preparation phase targets October 2025, launch uncertain amid legislative delays

The European Central Bank is pushing towards readiness for the digital euro by October 2025. This initiative relies heavily on legislative approvals and stakeholder collaboration.

While the ECB aims for a 2025 completion, analysts indicate a potential launch could be delayed until 2028, as legislative hurdles are addressed.

The digital euro aims to leverage Ethereum technology to address competition from digital currencies worldwide, enhancing privacy and monetary sovereignty.