EU Finance Minister and ECB reach compromise on digital euro issuance roadmap

PANews September 22 news, according to Reuters, the EU Finance Minister and the European Central Bank have reached a compromise on the digital euro issuance roadmap, which will give the Finance Ministers the decision-making power over issuance and holding ceilings. The move aims to reduce dependence on the US payment system and enhance European sovereignty. The digital euro legislation is still to be approved by the European Parliament and the European Council and is expected to be officially launched as early as 2028.

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