Piero Cipolone: Digital Euro pilot program to launch in 2027, with a target of issuance in 2029.

European Central Bank Executive Board member Piero Cipolone stated that the digital euro pilot program is scheduled to launch in the second half of 2027, lasting 12 months, with 36 service providers participating. The pilot will test the technology and coordinate collaboration among service providers, merchants, the central bank, infrastructure operators, and users. Legislative negotiations regarding a digital euro are underway between the European Parliament, the Council of the European Union, and the European Commission, and are expected to conclude this year. If the negotiations proceed smoothly, the European Central Bank aims to issue a digital euro in 2029. (Source: Bitcoin.com News)