TechFlow news, September 22 — According to Reuters, EU finance ministers recently reached a consensus on the digital euro roadmap during a meeting in Copenhagen. The plan would grant EU ministers influence over decisions regarding issuance and individual holding limits. European Central Bank President Lagarde stated that the digital euro is not only a payment tool but also a political statement of European sovereignty.
However, the plan still requires approval from the European Parliament, with legislation expected to be finalized by June 2026 at the earliest. After that, it may take another three years before the digital euro can be officially launched. Numerous challenges, including data privacy and financial stability, remain during this period.
