European Parliament Backs the Digital Euro, Advancing to Final Member-State Negotiations

Finextra·low signal

The European Parliament voted in favor of creating a digital euro, moving the CBDC into final trilogue negotiations with EU member states ahead of a potential 2029 launch. Passage clears the last major legislative hurdle before implementation detail becomes the fight — specifically holding limits, offline functionality, and the role of commercial banks in distribution. It arrives the same week the UK brought its four largest cloud providers under financial-regulator supervision, a pair of moves that together put more of the AI-and-payments stack under direct state oversight.