Paolo Ardoino: "The digital euro will be our Christmas present"
Date: 2025-09-17 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
The European Central Bank began work on the digital euro in 2023, but the specific timeline for its implementation remains uncertain. Previously, the launch was expected in 2026–2027. Paolo Ardoino, CEO of Tether, compared the upcoming event to a Christmas miracle, emphasizing the importance and scale of the upcoming changes. "Santa will bring us all a digital euro," he noted in his statement.
Amid preparations for the introduction of the digital currency, EU countries such as France, Italy, and Austria are pushing for stronger oversight of cryptocurrency transactions under the MiCA law. They point out significant differences in national regulations and call for a unified strategy capable of protecting the interests of users and investors. In particular, the French Financial Markets Authority (AMF) announced a possible ban on crypto companies licensed in other EU member states from operating in the country if they fail to comply with French requirements.
In turn, Tether refused to comply with MiCA regulations regarding stablecoins. This step led to the delisting of its tokens from major cryptocurrency exchanges, including Coinbase and Kraken. According to analysts, this refusal could have long-term consequences for the company, but also underscores its independent stance on digital asset regulation.
Despite the complexities and legal obstacles, interest in a digital euro continues to grow. Experts believe that the introduction of a single digital currency will have a significant impact on the EU's financial infrastructure, simplifying cross-border payments and reducing reliance on traditional banking systems.
Thus, preparations for the launch of a digital euro demonstrate the EU's commitment to technological innovation and the integration of new financial instruments. At the same time, questions arise about the need for regulatory unification and the harmonization of national laws to ensure transparency and security for all market participants.
Ultimately, the digital euro could become not only a symbol of financial modernization but also an important tool for strengthening trust in digital assets within the European Union.
