EU Parliament Committee on Economic and Monetary Affairs adopts digital euro mandate with 43–14 vote

European Central Bank/Digital Euro

The European Parliament's Committee on Economic and Monetary Affairs (ECON) voted 43–14 to adopt the mandate for the digital euro, the central bank digital currency for the eurozone. The vote included safeguards on privacy, testing and verification prior to launch. The ECB now targets a 12-month pilot in the second half of 2027 and first issuance in 2029.