Key Highlights The European Central Bank selected two consortiums—one comprising Nexi Payments and Deutsche Telekom Business Solutions, and another involving Telefónica and Indra—to supply connectivity infrastructure for the digital euro service platform. Connectivity framework contracts span preparations for an upcoming pilot beginning on September 28, a second phase starting in May 2027, and targeted operational ...
Key Highlights: Sweden’s Riksbank is urging lawmakers to reconsider the creation of an e-krona amid competitive pressure from foreign stablecoins and a planned digital euro. Deputy Governor Per Jansson warned that the Swedish krona could lose ground if it lacks a competitive, usable digital format for modern cross-border payments. While an official issuance decision has ...
Key Highlights: China is pairing national blockchain and integrated computing networks with major manufacturing and data initiatives, including the East Data, West Computing program. The People’s Bank of China has added eight commercial institutions to its digital yuan ecosystem, scaling the total number of banking operators to 30. Authorities continue expanding cross-border digital yuan pilots ...