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Evidence record

Piero Cipollone: digital euro pilot in 2027, rollout as early as 2029 if the regulation is approved this year

Read the item · published 2026-10-24

Evidence

Confidence
High Primary source (regulator / official record); quote string-matched against the live page.
Quote verified
2026-10-24 15:56 UTC
Archived snapshot
SHA-256 a53d6ea45134459f07dbe1d7cce91754c7acf722906cf7d26cce5b2214a8bfbc · fetched 2026-10-24 · Wayback Machine copy ↗
Source type
Primary European Central Bank ↗
Saved excerpt around the quote (source text, 2026-10-24)
… introduce a European alternative that will increase competition and, thanks to the caps on costs laid down by law, will help to reduce fees for those with less bargaining power. From this perspective, it seems that there's no time to waste. Absolutely. In 2027 we will already launch a pilot based on real transactions carried out by the staff of the ECB and the other national central banks. It will serve to test the technology in real conditions and to build the digital euro hand-in-hand with the market. 36 market operators, of which seven are Italian, are already collaborating in the preparatory works. And we are now calling for e-com …
Change log (1)
  1. 2026-10-24 Newsroom 2026-10-24 evening: ECB Cipollone interview with Milano Finanza — digital euro pilot in 2027, rollout as early as 2029 if regulation approved this year (8a31741)

Verified quotes

  • “In 2027 we will already launch a pilot based on real transactions carried out by the staff of the ECB and the other national central banks.”
  • “If the regulation is approved this year, the digital euro could be rolled out as early as 2029.”
  • “It will in fact be the banks and other authorised intermediaries that will distribute the digital euro, manage customer relationships and develop new services.”
  • “Banks will be able to integrate the digital euro into the apps their clients already use, while the Eurosystem will offer an easy-to-use, standardised, reliable app with the basic functions.”
  • “Our analyses show that with a properly calibrated limit, there will be no negative effects on the banking system.”

String-matched against https://www.ecb.europa.eu/press/inter/date/2026/html/ecb.in261024~ee2ba73cf3.en.html by scripts/verify.mjs before every deploy.

AI-drafted from the primary source; quote string-matched by scripts/verify.mjs · AI-assisted