EU finance chief: Don’t rush digital euro before new Commission in June 2024

Mairead McGuinness believes digital euro project should be approached "quietly and slowly" by next European Commission after June 2024 elections.
McGuinness sees no need to rush digital euro before new European Parliament is elected and approves next Commission.
European Commission proposed legislative plan for digital euro in June, including provisions for privacy protection.
ECB executive Fabio Panetta supports commission's plan, calls digital euro "new paradigm for monetary sovereignty."
ECB to decide digital euro's fate in October, with investigation phase to be completed by October 2023.

cointelegraph.com

Relevant topic timeline:

8/31/2023

IBM offers guidance for successful implementation of digital euro

IBM Consulting has provided suggestions to the European Commission to optimize its proposed digital euro legislation, including building on existing rails, accommodating intermediaries, standardizing APIs, ensuring privacy, and utilizing blockchain technology.

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ECB President Lagarde: Digital Euro at Least 2 Years Away, Pilot to Address Privacy Concerns

The European Central Bank's President, Christine Lagarde, stated that a digital euro is at least two years away and emphasized the need to address privacy concerns before moving forward with the project.