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EU Greenlights Digital Euro Rollout, Eyes Full Launch by 2029
European Union member states have finally agreed on a unified approach to the digital euro, a breakthrough in the bloc’s ongoing bid to strengthen its monetary sovereignty. The agreement they’ve come to shows the EU’s commitment to keeping the euro in the game on the world stage – a game where they’re getting increasingly reliant on US-issued stablecoins. Denmark’s economy minister Stephanie Lose made a point during the country’s few months at the European Council’s rotating presidency that the digital euro will help shake up European payment systems, giving the region a bit more strategic autonomy ... (full story)