COTI Selected by ECB to Help Develop Digital Euro Technology
- COTI was chosen as a pioneer partner by the European Central Bank to contribute privacy technology to the Digital Euro initiative scheduled for 2025.
- This partnership followed COTI’s prior involvement in the Bank of Israel’s digital shekel trials and the ECB’s plan to launch the digital euro by 2026.
- COTI will provide an on-chain privacy framework using Soda Labs’ Garbled Circuits to enable conditional payments verifying asset provenance before execution.
- Following the announcement, COTI’s native token climbed 6% to reach $0.07785, while CEO Shahaf Bar-Geffen expressed pride in the invitation, highlighting it as recognition of the team’s dedication and skill.
- This collaboration highlights growing institutional interest in privacy for CBDCs and supports the ECB’s aim to secure European monetary sovereignty amid concerns over U.S. Stablecoin policies.
14 Articles
14 Articles
COTI Selected by ECB to Help Develop Digital Euro Technology
The post COTI Selected by ECB to Help Develop Digital Euro Technology appeared on BitcoinEthereumNews.com. The European Central Bank has selected COTI as a Pioneer Partner for its central bank digital currency (CBDC) initiative. The selected partners are tasked with demonstrating the technical implementation of a conditional payments system before the CBDC’s launch. Digital Euro Launch Set for Early 2026 COTI, an Ethereum confidentiality layer, …
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ECB partners with private sector through digital euro innovation platform
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