ECB targets 2027 digital euro pilot as provider selection begins in Q1 2026
Market Intelligence Analysis
AI-PoweredThe European Central Bank (ECB) is gearing up to select payment providers for its digital euro pilot, with the pilot expected to start in 2027. This development indicates progress towards the implementation of a digital euro. The ECB's efforts may have a positive impact on the European financial sector.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
The ECB is set to begin selecting EU-licensed payment providers for its digital euro pilot this quarter, with the 12-month pilot set to kick off in the second half of 2027.
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