[European Parliament Passes Digital Euro Advancement Resolution, Enters Key Negotiation Phase with Member States] (According to Bitcoin.com) The European Parliament has passed the resolution to advance the digital euro with 416 votes in favor, 169 against, and 22 abstentions, entering a critical phase of negotiations with member states. First proposed in 2023, the currency aims to safeguard European monetary sovereignty and provide citizens with digital cash. Negotiator Fernando Navarrete Rojas emphasized that the digital euro will 'complement rather than replace cash,' offering free basic accounts and holding limits to protect the financial system. The European Central Bank (ECB) has previously partnered with major European payment standard providers, positioning the digital euro as a tool to counter the growing influence of private currencies like stablecoins. ECB Executive Board member Piero Cipollone stated that the digital euro will 'reduce Europe’s reliance on external providers.'