Edition November 13, 2026

Cash and the digital euro – two sides of the same coin

Completing preparations for the digital euro depends on legal certainty; a date for any initial issuance remains unset until the Regulation is adopted.

On 9 July, the European Parliament’s plenary broadly backed its position on the Single Currency Package, giving the digital euro strong democratic support. A swift conclusion to the ongoing trilogue talks could clear the way for the Single Currency Package to be adopted by year-end, as envisaged in the One Europe, One Market Roadmap. Launched in September, Pontes connected market distributed-ledger technology platforms to the Eurosystem’s TARGET Services; 18 market participants and market DLT operators joined on day one, with others preparing to follow.

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