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ECB Partners with Tech Providers to Develop Digital Euro Infrastructure
The European Central Bank (ECB) is taking significant steps toward the potential launch of a digital euro, announcing new framework agreements with key technology providers. These agreements are part of the preparation phase for the central bank digital currency (CBDC), which could be launched in the coming years. The ECB has engaged with seven technology providers, with one more expected to be added, to work on various components crucial for the digital euro’s development. These components include fraud and risk management, secure payment exchanges, and software development. Among the companies selected, Feedzai, ... (full story)
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