Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»ECB Establishes Innovation Hub to Test Digital Euro as Preparation Phase Nears End
    Cryptocurrency

    ECB Establishes Innovation Hub to Test Digital Euro as Preparation Phase Nears End

    May 6, 20251 Min Read


    The European Central Bank (ECB) said it set up an innovation hub with 70 participants to test its digital euro project.

    The participants included start-ups, banks and payment services including global professional services company Accenture, Swiss telecommunications company Swisscom, Spanish bank CaixaBank and audit and tax firm KPMG, it said in a Monday release. The companies have signed up to work with the ECB to explore the central bank digital currency’s payment functionalities and use cases, the release said.

    The ECB issued a call to small and large merchants, banks and payment-service providers last year. The central bank’s President Christine Lagarde said that the testing phase of the CBDC, which it calls its preparation phase, should end by October. A decision on whether or not to issue a digital euro is expected to occur after legislation takes effect.

    Read more: ECB Targets October to Finish Digital Euro Preparation Phase



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Fake Uber Driver in London Drugs US Tech Investor with Cigarette, Steals £96K in Cryptocurrency

    Cryptocurrency

    SEC Dismisses Lawsuit against Binance

    Cryptocurrency

    India’s Digital Payment Surge: Currency and Convenience

    Cryptocurrency

    Appeal against important court ruling about cryptocurrency in South Africa – MyBroadband

    Cryptocurrency

    CoinClinic: What is Cryptocurrency? – Numismatic News

    Cryptocurrency

    DOL Rescinds 2022 Guidance Cautioning Against 401(k) Plan Investments in Cryptocurrencies | Proskauer – Employee Benefits & Executive Compensation Blog

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    FIP Silver Caltanissetta – Godallier et Bellver en demi-finale, Hugounenq et Guimet tout près de l’exploit

    Investments

    SM Investments Corp approuve un programme de rachat d’actions d’un montant de 60 milliards de pesos -Le 28 février 2025 à 08:04

    Investments

    Taux : les T-Bonds reperdent leurs gains du début de semaine

    Editors Picks

    Bitcoin, Ethereum Muted, Dogecoin Rallies As Market Maintains ‘Greed’ Sentiment: Analyst Predicts New Peak For King Crypto As US Elections And Potential Fed Rate Cut Looms – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

    October 18, 2024

    FinTech IPO Index Jumps 5% as Sezzle, Expensify Lead Upside

    August 16, 2024

    Agricultural Commodities Tank on Chinese Demand Fears

    July 26, 2024

    Vitesse Energy (VTS) Matches Q2 Earnings Estimates

    August 5, 2024
    What's Hot

    Animal agriculture pioneer & United Animal Health Founder John B. Swisher passes away at 95

    October 30, 2024

    Climate investments in Whatcom, Skagit threatened by statewide repeal initiative

    August 12, 2024

    Top 5 Videos: Using Metal 3D Printing to Improve Traditional Material Manufacturing

    August 10, 2024
    Our Picks

    OPINION. « Des terres rares en Ukraine  ? » (Didier Julienne)

    March 13, 2025

    FTA expands investment – FBC News

    October 27, 2024

    Yunnan Shennong Agricultural Industry Group Co.,LTD. publie ses résultats pour l’exercice clos le 31 décembre 2024

    April 28, 2025
    Weekly Top

    SEC Dismisses Lawsuit against Binance

    May 31, 2025

    Artemis Gold Inc. annonce l’ouverture officielle de la mine Blackwater

    May 31, 2025

    India’s Digital Payment Surge: Currency and Convenience

    May 31, 2025
    Editor's Pick

    Sébastien Migné dévoile la liste des Grenadiers

    May 26, 2025

    Crypto Payments Are Booming: Here’s When They Matter Most

    April 16, 2025

    Metal mountain makeover | News, Sports, Jobs

    August 13, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.