Digital Euro Clears EU Parliament Hurdle, Full Launch Targeted by 2029

Digital Euro Clears EU Parliament Hurdle, Full Launch Targeted by 2029

Reuters via Yahoo Finance·23 June 2026

The European Central Bank secured key parliamentary committee backing for a digital euro, a central bank-issued electronic payment system for all eurozone residents, with final legislative approval expected by year-end and a full rollout planned for 2029. This marks a concrete step toward state-controlled digital currency infrastructure across 20 nations — a centralised monetary system in which governments determine holding limits, transaction rules, and access conditions. Revelation 13:17 describes a coming system in which no one may buy or sell without authorised participation — the digital euro's architecture of government-set caps, mandatory merchant acceptance, and central oversight reflects the institutional framework such a system would require.