Ecb

2 stories

Finance
Monetary sovereignty
Europe's race for a digital euro runs through Luxembourg
A US law has accelerated dollar-backed stablecoins, prompting the ECB to push for a digital euro by 2029. Luxembourg, the EU base for PayPal and Amazon and a hub for blockchain-bond experiments, is unusually exposed to the outcome.
By Pierre Hansen18 June 2026
Finance
Money
The digital euro inches closer: what it is, and what it is not
The European Central Bank spent 2026 moving its digital euro from study to trial, inviting banks to join a pilot and pressing lawmakers to pass the enabling regulation. A digital euro would be public money on your phone - a complement to cash, not a replacement - with a cap on how much you can hold and a cash-like privacy mode offline. Here is where the project stands and what it would mean.
By Tom Reuter31 May 2026