6 May | Euro

ECB engages private companies in testing digital euro innovation platform

ECB engages private companies in testing digital euro innovation platform

According to Finextra, European lawmakers are preparing to make a final decision on the introduction of the digital euro by the end of the year. The platform testing conducted by private financial market participants will help to assess the feasibility of such a move.

Last October, the European Central Bank (ECB) invited non-governmental organizations to partner with the regulator to work on various aspects of the digital euro project. More than 100 applications were received from commercial organizations, fintech companies, startups, and banks.

Those companies now have access to an innovative platform modeling the digital euro ecosystem. Within its framework, the ECB provides tech support and infrastructure to intermediaries to develop digital payment functions and services.

Participants are divided into two work streams, the first of which explores the implementation of digital payments from a technical perspective. The second is a group of forward-looking professionals exploring the options for using the digital euro and its application to social issues, including financial inclusion.

According to Finextra, the findings of their work will be presented later this year.

Anton Volkov MarketCheese
Period: 21.11.2025 Expectation: 1078 pips
GBPUSD falls as bullish pressure fades and budget risks loom
14 November 2025 31
Brent sell
Period: 28.11.2025 Expectation: 300 pips
Brent crude capped by $65–$66 resistance
14 November 2025 41
Period: 21.11.2025 Expectation: 660 pips
AUDCAD may enter short-term correction
14 November 2025 43
Period: 21.11.2025 Expectation: 800 pips
Selling SPX as risk-off mood kicks in
14 November 2025 30
Period: 20.11.2025 Expectation: 280 pips
Fading bullish momentum is good reason to sell natural gas
13 November 2025 60
Period: 31.12.2025 Expectation: 800 pips
USDCAD with 1.4090 play is worth buying
13 November 2025 65
Go to forecasts