The European Central Bank (ECB) said it set up an innovation hub with 70 participants to test its digital euro project.The participants included start-ups, banks and payment services including global professional services company Accenture, Swiss telecommunications company Swisscom, Spanish bank CaixaBank and audit and tax firm KPMG, it said in a Monday release. The companies have signed up to work with the ECB to explore the central bank digital currency's payment functionalities and use cases, the release said.The ECB issued a call to small and large merchants, banks and payment-service providers last year
source: https://www.coindesk.com/policy/2025/05/06/ecb-establishes-innovation-hub-to-test-digital-euro-as-preparation-phase-nears-end