Core Points - The European Central Bank (ECB) has concluded framework agreements for the digital euro procurement procedures [1] - Giesecke+Devrient (G+D), in partnership with Nexi and Capgemini, has been selected as the first ranked tenderer for providing an end-to-end solution for the digital euro [1] Summary by Category Digital Euro Development - The ECB is advancing the preparation of a digital euro by finalizing framework agreements for five procurement procedures [1] - The selected partnership aims to deliver a comprehensive solution for the implementation of the digital euro [1]

By Tom Sims, Tommy Reggiori Wilkes and Valentina Za FRANKFURT (Reuters) -A consortium of nine European banks, including heavyweights ING and UniCredit, said on Thursday they are forming a new company to launch a euro-denominated stablecoin, a move they hope will help counter U.S. digital market dominance. A host of top U.S. financial firms have been preparing to launch their own dollar-backed crypto tokens after President Donald Trump signed a law overseeing rules for stablecoins that could further cem ...