The European Central Bank has defined seven new workstreams to create the digital euro rulebook. Experts are invited to participate, and applications close on April 5. The Rulebook Development Group (RDG) published a status update in early January.
Representatives from the separate parts of the ecosystem – consumers, retailers and intermediaries – make up the members of the RDG.
The latest workstreams include four that focus on interactions between the three groups and with the Digital Euro Service Platform (DESP). For example, this includes interactions between a payment or acceptance system such as a Point of Sale (PoS) terminal, website or ATM and a user’s smartphone app or card. Three other workstreams explore interactions between intermediaries and consumers, businesses and the DESP.
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