"ECB: Digital Euro Project Enters Crucial New Testing Phase"

The ECB is moving forward with the digital euro project, on schedule. After an initial survey in 2021, a preparation phase was launched in October 2023 and will continue until 2025. This new stage includes tests conducted by 48 financial institutions, both private and public, to explore various use cases for the digital euro. These tests, which will take place from July to November 2024, will focus on the interoperability of transactions. The aim is to prepare for the launch of the digital euro, scheduled for 2025, although questions remain, in particular on offline access and the providers to be selected.

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