- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Web3 privacy protocol COTI teams up with European Central Bank on digital euro
By: cryptosheadlines|2025/05/05 19:00:07
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Blockchain-focused privacy protocol COTI will collaborate with the ECB to implement its privacy technology for the upcoming digital euro.COTI, a privacy-centric layer-2 solution on Ethereum, has been selected as one of the pioneer partners in the European Central Bank’s project to develop the digital euro. In a Monday blog announcement, COTI said its involvement comes after its success in the Bank of Israel’s digital shekel project, highlighting its growing role in central bank digital currency solutions.As part of the ECB’s project, COTI will contribute its privacy-focused technology to support “conditional payments,” a system that ensures asset provenance is verified before transactions take place, the project explained in the announcement.COTI’s solution, based on Soda Labs’ Garbled Circuits, will offer an on-chain approach to privacy that maintains confidentiality throughout the transaction process. Shahaf Bar-Geffen, COTI co-founder and CEO, says the invitation to join the ECB marks a “testament to the expertise and hard work of the COTI team” as privacy has become a “vital component for the future of web3.” Amid the news, COTI’s native token (COTI) jumped 6% to $0.07785. The ECB aims to launch the digital euro by 2026, with selected partners working to demonstrate how the new currency can integrate into retail payment systems. COTI’s technology will be used to test the implementation of the conditional payment system, which is expected to provide more transparent and private transactions for all eurozone residents.In late April, a senior French central banker cautioned that U.S. policy shifts supporting stablecoins could undermine European monetary sovereignty without a digital euro.As crypto.news reported earlier, Denis Beau, first deputy governor of the Banque de France, highlighted that the recent executive order from the Donald Trump administration promoting dollar-backed stablecoins could have “concrete adverse consequences” for Europe’s financial sovereignty and urged swift progress on the digital euro. Source link
You may also like
SBF's little brother turned 225 million into 5.5 billion in one year
Let’s meet the 24-year-old new "stock god" of AI.
In a World of Disruption, How Can Humanities Workers Better Use AI?
This AI in Practice experience is not about teaching you a few magical keywords to memorize; it's more like a methodology.
Anthropic Open Letter: The Hypocritical Sam Altman, PUA Master
OpenAI's extensive PR rhetoric with the Department of War on these issues is either lying or deliberately creating confusion. These facts reveal a pattern of behavior, a pattern I have seen many times in Sam Altman, and I hope everyone can recognize it
On the same day that Kraken's Fedmaster Account was approved, the banking lobbying group immediately launched a counterattack.
Banking Lobby Group Slams Kraken's Approval for "Limited Purpose" Fed Master Account.
Bitwise: This weekend's attack accelerated the on-chain migration of the financial world
The never-ending market has become a global obsession.
Market Downturn: Which Assets Are Worth Watching?
"Whether it can bring benefits to the holder" is one of the key reference indicators.
The real opportunity of stablecoins is not to kill Visa
In the new merchant ecosystem born in the AI era, stablecoins will become the first widely adopted payment infrastructure.
Trump's AI Farce: Insult if You Don't Pay
Dario's all-hands email is full of ad hominem attacks
US & Canada Crypto Tax Season 2026: Official Tax Reporting Support from WEEX × KoinX
Prepare for US & Canada crypto tax season 2026. Learn how to export your WEEX transaction history and access official reporting support through our partnership with KoinX.
Conversation between Tom Lee and "The Big Short" Author: AI has detected bubble signal, crypto correction due to gold liquidity being "siphoned off"
A real bubble occurs when everyone is absolutely certain that "this is definitely not a bubble."
The true reason for Claude's ban, Kraken accessing the Federal Reserve payment system, What is the English community paying attention to?
What Was Trending in the Last 24 Hours?
「Buying the Dip」 of 400,000 BTC: Is $74,000 a Rebound or a Reversal?
BTC price hits a new monthly high.
OpenClaw, Another Batch of Middle Class Jobless
Time will not wait for anyone.
Morning News | Backpack will launch on-chain IPO subscription service; Predict.fun strategically acquires on-chain prediction platform Probable; SoFi partners with Mastercard for strategic cooperation
March 4 Market Important Events Overview
Inventorying the Washington power in the crypto space, who is speaking out for U.S. crypto legislation?
From ideology to ecological initiatives, the lobbying power of American cryptocurrency is undergoing a comprehensive evolution, ushering in a new era of specialized and refined policy games.
650 million dollars, 1.5 billion dollars, 2 billion dollars, the crypto VC landscape has changed!
Homogenized industries are ultimately fragile; only when different species can emerge does the market truly come alive.
Why prediction markets are the largest untapped collateral pool in DeFi
From "gambling" to "financable assets": prediction markets are becoming the next hundred billion collateral pool in DeFi, opening new frontiers of capital efficiency.
500% XAUT Staking, Zero-Fee Gold Futures and $100K Rewards: Why Traders Are Turning to WEEX for Tokenized Gold
Explore WEEX's $100,000+ gold campaign featuring 500% XAUT staking, zero-fee gold contracts, and $30,000 PAXG rewards. Trade tokenized gold today.
SBF's little brother turned 225 million into 5.5 billion in one year
Let’s meet the 24-year-old new "stock god" of AI.
In a World of Disruption, How Can Humanities Workers Better Use AI?
This AI in Practice experience is not about teaching you a few magical keywords to memorize; it's more like a methodology.
Anthropic Open Letter: The Hypocritical Sam Altman, PUA Master
OpenAI's extensive PR rhetoric with the Department of War on these issues is either lying or deliberately creating confusion. These facts reveal a pattern of behavior, a pattern I have seen many times in Sam Altman, and I hope everyone can recognize it
On the same day that Kraken's Fedmaster Account was approved, the banking lobbying group immediately launched a counterattack.
Banking Lobby Group Slams Kraken's Approval for "Limited Purpose" Fed Master Account.
Bitwise: This weekend's attack accelerated the on-chain migration of the financial world
The never-ending market has become a global obsession.
Market Downturn: Which Assets Are Worth Watching?
"Whether it can bring benefits to the holder" is one of the key reference indicators.
App