ECB to run digital euro pilot in second half of 2027
Participants to include payment service providers, end users and merchants
The European Central Bank has published a plan to run a digital euro pilot programme in the second half of 2027.
The bank is inviting payment service providers with a licence in the eurozone alongside “selected merchants” and Eurosystem staff to test a beta version of the central bank digital currency in “everyday situations” for 12 months.
The bank unveiled its plans on March 5 alongside various supporting documentation.
According to the document describing the timeline, the ECB is calling on
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