MEPs advance digital euro in 43-14 vote with zero-knowledge privacy rules and holding caps

The European Parliament’s ECON committee adopted its digital euro mandate 43-14, moving the ECB-issued payment rail toward Council negotiations after the July plenary announcement. MEPs added privacy-by-design language including zero-knowledge proofs, offline payments that work like cash, free basic accounts, fee caps, individual holding limits, no interest, and a 24-month rollout period after authorization. The strategic point is explicit: Brussels wants a central bank payment option that cuts dependence on non-EU rails without killing cash access.

TLDR by @Benthic

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• Digital Euro
• Zero-Knowledge