ECB Digital Euro Report Keeps Preparation Phase Moving

The European Central Bank has released a progress report on the digital euro preparation phase, outlining work on offline functionality, privacy mechanisms, and holding limits.
The update keeps Europe’s central bank digital currency project moving, but it does not amount to final political approval for issuance. That distinction is essential. The ECB can study, design, test, and prepare, but a final decision to issue a digital euro depends on the broader European legislative and political