EU Council Backs Online and Offline Digital Euro

Published at 2025-12-22 23:00:12

The Council of the European Union has formally backed the introduction of the European Central Bank’s digital euro, supporting plans for an online version alongside a privacy-oriented offline option. Lawmakers framed the move as a step to modernize payments while safeguarding user privacy and financial inclusion, putting political weight behind the ECB’s ongoing work.

Why it matters: the endorsement accelerates the program from research toward concrete testing and legal design, signaling likely pilots and regulatory coordination in member states. An offline variant could provide resilience for peer-to-peer payments without constant internet access and address privacy concerns that have dogged many CBDC proposals. Market participants, banks and fintechs should expect clearer timelines and consultation as technical, operational and compliance details are worked out.

Share on:

Related news

AI Agents Prefer Bitcoin in Nearly Half of Responses, Stablecoins Lead for Payments

A Bitcoin Policy Institute study of 36 AI models published March 3, 2026 found Bitcoin was the top monetary choice in 48% of responses, while payment-specific prompts saw over half of models favor stablecoins.

Published at 2026-03-04 04:00:46
Ray Dalio: 'There Is Only One Gold' — Bitcoin Falls Short as Safe Haven

Bridgewater founder Ray Dalio said gold remains the only true safe‑haven in conflicts and flagged Bitcoin’s limited privacy as a key weakness. His remarks on March 3, 2026 underscore ongoing debate over crypto’s role in crisis scenarios.

Published at 2026-03-04 00:45:31
New Housing Bill Would Block Fed From Issuing Consumer CBDC Until 2030

A clause in a U.S. housing bill would bar the Federal Reserve from offering a consumer-facing digital dollar until 2030, delaying any retail CBDC rollout. The measure represents a legislative rebuke to CBDC proponents and could reshape the policy timetable.

Published at 2026-03-04 00:00:52
SoFiUSD Comes to Mastercard Network for Stablecoin Settlements

SoFi and Mastercard will support settlement in SoFiUSD across Mastercard’s global payments network, marking a move to integrate regulated U.S. dollar stablecoins into mainstream card infrastructure. The integration aims to speed settlement and expand on‑ramp/off‑ramp options for merchants and payment providers.

Published at 2026-03-03 18:15:27
Ripple Overhauls Payments Platform to Bridge Banks and Digital Assets

Ripple announced a major revamp of its Ripple Payments platform to become a unified business service that bridges traditional finance and digital assets, building on capabilities from its Palisade and Rail acquisitions. The move signals a push to win more bank adoption for XRP-linked payments.

Published at 2026-03-03 16:00:31