PI Global Investments
Finance

ECB picks 36 payment service providers for digital euro pilot


FRANKFURT, July 14 (Reuters) – The European Central ‌Bank has ‌selected 36 payment service ​providers from over 50 applicants across the euro zone ‌to join ⁠its digital euro project, it ⁠said on Tuesday.

“The pilot aims to ​support ​the ​ongoing preparatory ‌work for the potential issuance of a digital euro, and is due to ‌start during ​the second ​half ​of 2027 ‌for a period ​of ​12 months,” the ECB said in ​a ‌statement.

(Reporting by Balazs ​Koranyi; editing by ​Barbara Lewis)



Source link

Related posts

Gold and silver prices today, Friday, May 8: Prices headed for weekly gains following positive jobs report

D.William

US Fed to deliver rate decision with markets betting on hike

D.William

Scottish finance secretary scraps planned fiscal statement

D.William

Leave a Comment