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flag Italian banks support the ECB’s digital euro plan, pushing for phased costs and a dual currency system, as EU legislation looms for a 2029 launch.

flag Italian banks back the ECB’s digital euro project for digital sovereignty but urge spreading implementation costs over time to ease financial strain. flag The ECB has advanced the initiative to its next phase, with a 2027 pilot and potential 2029 launch pending 2026 EU legislation. flag While some French and German banks worry about deposit losses, Italy advocates a dual system with both central and commercial bank digital currencies. flag The European Parliament is considering a scaled-back version to protect private payment systems.

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