Digital euro could launch in 2029, Dombrovskis says

EU Commissioner Valdis Dombrovskis said the digital euro could go live in 2029 if legislation is finalised by the end of the year under Ireland's Council presidency. He said offline functionality would offer 'almost cash-like privacy' and that the currency would complement, not replace, cash.

• Digital euro could launch in 2029 if the law passes by end-2026
• Offline mode offers 'almost cash-like privacy', Dombrovskis said
• The currency would complement cash and cut reliance on foreign card schemes
• First trilogue was held on 13 July, with another round due in late September