ECB official sees digital euro as key to protecting EU ‘sovereignty’

Crypto Insight Summary: Piero Cipollone said the bloc is on track to test real transactions in 2027 and roll out a digital euro as early as 2029, pending legislation this year. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: ECB's digital euro plans are long-term and won't impact crypto markets in the near term.