ECB selects 36 payment firms for digital euro pilot

The European Central Bank has selected 36 payment service providers to take part in its digital euro pilot, NewsBTC reported. The ECB chose the participants from more than 50 applicants and plans to test-run the digital euro payment system for about 12 months starting in the second half of next year. The pilot will assess digital wallets, merchant payments, integration with existing financial systems, security and ease of use.