In preparation for the digital euro, today the European Union commenced a targeted consultation of the payments sector and organizations representing consumers, retailers and compliance authorities. This industry-focused central bank digital currency (CBDC) consultation complements the one conducted by the European Central Bank (ECB) last year, which was targeted at the general public.
It also forms part of an impact assessment as a step towards passing further regulations. Respondents can reply until June 14.
No decision has been made to proceed with a digital euro, but a two-year research phase started in July 2021.
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