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ECB’s Digital Euro Project Enlists COTI as Pioneer Partner Amid Global CBDC Slowdown
ECB’s Digital Euro Project Enlists COTI as Pioneer Partner Amid Global CBDC Slowdown
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The European Central Bank is pushing forward with its digital euro initiative despite waning global enthusiasm for central bank digital currencies. COTI has been selected as a Pioneer Partner to collaborate on developing a secure, efficient payment solution that complements physical cash.
Unlike the US, where CBDC development faces political opposition, the ECB remains committed to modernizing Europe’s financial infrastructure. The project aims to enable private, instantaneous transactions across the eurozone’s economy.
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