ECB selects payment service providers for the digital euro pilot
The European Central Bank (ECB) has announced the selection of 36 payment service providers (PSPs) from across the euro area to participate in the digital euro pilot, which is expected to commence in the second half of 2027. The pilot will enable the ECB and participating national central banks to test the technical functionality, operational processes and user experience of the digital euro using a beta version of the platform.
The Central Bank of Malta will participate in the pilot as an observer, contributing to the ongoing preparatory work being undertaken by the Eurosystem in relation to the potential issuance of a digital euro.
Read the full ECB press release 
here.