An ECB official has sounded the alarm! Executive Board member Piero Cipollone is urging the EU to finalize the digital euro bill by the end of the year, or the planned 2029 launch could be delayed. If legislation drags on, Europe will become more dependent on overseas payment service providers, and local businesses could lose competitiveness.

If the bill is passed smoothly this year, the ECB may be able to stay on schedule: a one-year pilot would begin in the second half of 2027, allowing payment providers and merchants to test the system. Interestingly, Christine Lagarde is due to step down in February 2027, so the pilot will begin just as the leadership is changing hands, leaving considerable uncertainty about what comes next.#英伟达Q3财报将至:能否化解市场疑虑?