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EU Commission’s Digital Euro Bill Back on Track for June 28, Lead Official Says

The European Commission is back on track to publish legislation on a digital euro on June 28, after the controversial topic was previously removed from the executive’s agenda, the bloc’s lead financial services official said on Tuesday. Commissioner Mairead McGuinness confirmed she would be pressing ahead with a bill to underpin the central bank digital currency, set to cover topics such as privacy, distribution and offline transactions. "We’re looking forward to presenting both proposals next week," McGuinness told an event in Brussels of the digital euro plans and a parallel law on the legal status of cash.

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