ECB says Eurosystem cannot directly link individuals to online or offline digital euro transactions itself.Offline payments would reveal personal transaction details only to the payer and payee involved directly.Banks would still identify online users when conducting required anti-money laundering compliance checks on transactions.The European Parliament approved negotiations, not the final digital euro regulation, in July 2026 itself.A potential 2029 issuance depends on legislation, testing and a later ECB Governing Council decision.