ECB Doubles Down on Digital Euro – COTI Gets First-Mover Privileges
The European Central Bank picks blockchain firm COTI as its inaugural tech partner for the digital euro rollout—because nothing says ’innovation’ like a centralized institution playing catch-up with crypto.
Why This Matters:
The ECB’s CBDC ambitions just got real. COTI’s privacy-focused infrastructure could shape how 350 million Europeans interact with programmable money—assuming the bureaucrats don’t strangle it in red tape.
Between the Lines:
This partnership reveals the ECB’s desperation for private-sector credibility. Meanwhile, Bitcoiners smirk as legacy finance tries to co-opt the very technology it spent a decade dismissing.
The Bottom Line:
Whether this accelerates mainstream adoption or becomes another stifled ’blockchain, not Bitcoin’ experiment depends entirely on whether Frankfurt can resist its control-freak instincts.