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ECB's Cipollone to the European Parliament: a swift trilogue deal on the Single Currency Package would give legal certainty for the digital euro
Read the item · published 2026-11-10
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- 2026-11-13 11:59 UTC
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567c8fdd72e460f44dd6d0c6723a20e2ba99c5577637907d8e83a5c945c2a1de· fetched 2026-11-10 · Wayback Machine copy ↗ - Source type
- Primary European Central Bank ↗
… much welcome the broad support it received in the plenary session on 9 July. This gives a strong democratic backing to the digital euro. Let me also thank you for the considerable work and constructive dialogue that have made this progress possible. A swift conclusion of the ongoing trilogue negotiations would pave the way for the adoption of the Single Currency Package [ 1 ] by the end of the year as foreseen in the One Europe, One Market Roadmap . [ 2 ] This would give us the legal certainty needed to complete our preparations for the digital euro. It would also give certainty to the market regarding the planned date for a possible first issuance, which can be set only after the Regulation is adopted. A delay in adoption could instead postpone the introduction of the digital euro, further entr …
Change log (1)
- 2026-11-10 Published
Verified quotes
“A swift conclusion of the ongoing trilogue negotiations would pave the way for the adoption of the Single Currency Package [ 1 ] by the end of the year as foreseen in the One Europe, One Market Roadmap . [ 2 ] This would give us the legal certainty needed to complete our preparations for the digital euro.”
“A delay in adoption could instead postpone the introduction of the digital euro, further entrench Europe’s dependence on foreign providers, and make it more difficult for European companies to innovate and compete.”
“On 2 November it settled the issuance of the European Stability Mechanism’s first digitally native benchmark bond of €1 billion [ 4 ] , facilitating the shift in European tokenised finance from experimentation to adoption.”
“The launch was widely welcomed by the market, with 18 market participants and market DLT operators onboarded on day one and many others preparing to join soon.”
String-matched against https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261110~9422461bad.en.html by our verifier before every deploy.
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