With CGD, BCP and Unicre, Portugal Will Be One of the Main Countries to Test the Digital Euro.
6 Articles
6 Articles
Europe is preparing a new way of paying. The digital euro has not yet arrived, but has just taken another step towards its possible implementation. What does this mean? Listen to the new episode of the Economy day by day, daily podcast of the Express led by Juliana Simões
Banco de Portugal and three payment service providers established in the country participate in the pilot of the digital euro. Launch planned for the second half of 2027, lasting 12 months.
Europe is preparing a new way of paying. The digital euro has not yet arrived, but has just taken another step towards its possible implementation. What does this mean? Listen to the new episode of the Economy day by day, daily podcast of the Express led by Juliana Simões
The pilot project will take place in the second half of 2027 and should last 12 months.
The financial institutions CGD, BCP and Unicre were chosen by the ECB for the digital euro pilot project, in which the Banco de Portugal also participates, the central bank said in a statement.
Central bank employees will be the first to test the digital euro in their respective canteens. The idea is for the pilot test to begin in 2027. Issuance by the central bank should occur two years later.
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