Posted on 01/17/2026 7:29:33 PM PST by MinorityRepublican
One of the European Central Bank’s most complex and controversial projects is heading for a crucial test in the first half of 2026, when the European parliament is expected to vote on the digital euro.
The plan cleared a key hurdle in late December, when the European Council backed the ECB’s plan to launch an electronic equivalent to cash: a digital currency that works in stores, online and in peer-to-peer transactions.
One of the European Central Bank’s most complex and controversial projects is heading for a crucial test in the first half of 2026, when the European parliament is expected to vote on the digital euro.
The plan cleared a key hurdle in late December, when the European Council backed the ECB’s plan to launch an electronic equivalent to cash: a digital currency that works in stores, online and in peer-to-peer transactions.
Member states have supported the proposal, which would give European central bankers greater agency over electronic retail payments, which at present rely heavily on US companies. But it is unclear if the project will win the support of the majority of the 720 MEPs. A person watching the debate closely said the vote “could really go down to the wire”.
In an effort to win over sceptics, the ECB, which began evaluating digital central bank money in 2020, has started a public relations blitz.
Piero Cipollone, the ECB executive board member in charge of the project, argued for the digital euro in 21 speeches, six interviews and two blog posts in 2025.
(Excerpt) Read more at ft.com ...
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[European Central Bank’s most complex and controversial projects is heading for a crucial test in the first half of 2026, when the European parliament is expected to vote on the Digital Euro.
The plan cleared a key hurdle in late December (2025), when the European Council backed the European Central Bank’s plan to LAUNCH AN ELECTRONIC EQUIVALENT TO CASH:]
2) Control Access to Your Money - Digital Currency
3) ELIMINATE CASH
They talk about votes as if they had some kind of democracy or something. The EU parliament isn’t elected by the people.
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