Wednesday, October 21, 2026

The European Central Bank is accelerating preparations to introduce the digital euro, a central bank digital currency, or CBDC.

Cointelegraph reported on Oct. 17 that ECB President Christine Lagarde said at the International Monetary Fund’s annual meeting that the central bank is preparing a digital euro to complement cash for everyday payments. 

...She also provided a specific rollout timeline. The ECB plans to conduct a 12-month digital euro pilot beginning in the second half of 2027. (Read More)

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Senior Researcher Brad Myers Comments,

The European Central Bank is accelerating its preparations to introduce the digital euro for 20 member countries within the EU. Did you know that, according to the Atlantic Council, there are currently 146 countries around the world independently developing their own national digital currencies, just like the EU is doing for its citizens?"   

Here is a report from the Heritage Foundation from July 20, 2023, warning about central bank digital currencies (CBDCs). Titled "Pushers of Central Bank Digital Currencies Are the Most Terrifying of Villains," the article points out how a government-run digital currency allows the government to monitor and control every transaction you make:

"CBDCs are a type of government-run cryptocurrency that let the government monitor and control every single transaction you make, no matter how small. That means every single cent can be tracked, traced, taxed, and stopped or even forced without your consent."

Can you see how the end-time prophecy in Revelation13:16–17, where the beast and his totalitarian global government (Daniel 7:23) exercise full control, could accomplish this with a single government-run digital currency in a totally cashless global economy?