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ECB Picks five partners to launch a Digital EURO
The European Central Bank has picked five partners – The ECB put out a call for partners in April and had 54 responses from banks and tech firms. The ECB revealed that it picked its five partners based on their “specific abilities.” Amazon (AMZN) was among them. The other partners include Spain-based CaixaBank (CABK.MC) who would develop the P2P payment for the mobile application. Other institutional partners of the ECB on the projects are France-based Worldline SA (WLN.PA) and Italy-based NexImmune, Inc. (NEXI). Amazon is expected to begin prototyping process this month and have some examples for the ECB to vote on by December.Key-objectives-of-the-digital-euro