The European Parliament passes amendments supporting the issuance of a digital euro with both online and offline functions.

Techub News reported, according to Bloomberg, the European Parliament passed an amendment on Tuesday supporting the issuance of a digital euro with both online and offline functionality. This stance diverges from the position of the project's lead legislative rapporteur, who previously supported only an offline version. The parliament's statement indicated that the digital euro is crucial for "strengthening the EU's monetary sovereignty, reducing fragmentation in retail payments, and preserving the integrity and resilience of the single market." If the digitalization of payments is entirely led by private and non-EU entities, it could expose users and merchants to new risks of exclusion. According to the legislative process, the Economic and Monetary Affairs Committee will vote on the proposal in early May. If the Council of the European Union and the European Parliament can reach an agreement next year, the European Central Bank may launch a pilot for the digital euro in 2027 and officially introduce it in 2029.