The European Central Bank (ECB) has entered into framework agreements with seven technology partners, including Feedzai and Giesecke+Devrient, to advance the development of the digital euro. These agreements focus on risk management, secure payment information exchange, and software development.
The ECB emphasized that the digital euro will only be launched following the passage of necessary legislation, with a potential rollout by 2029. Additionally, the ECB expressed concerns about stablecoin risks, underscoring the importance of regulatory clarity under the Markets in Crypto-Assets (MiCA) framework.
ECB Partners with Tech Firms for Digital Euro Development
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