Macro· ★★★· neutral·

ECB says digital euro will give Europe control over its payment systems

  • —Digital euro pilot starts in H2 2027 with 36 payment providers, including seven from Italy
  • —Possible public rollout in 2029 if EU lawmakers approve legislation by end-2026
  • —Two-thirds of online card payments in Italy run on non-European card schemes
  • —Wallets will have holding limits but no spending caps, with offline payments supported
Why it matters: The project could reshape competition in EU payments and cut fees for small merchants, but issuance hinges on passing the enabling legislation.
Source: crypto.news
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