2 December 2024

• ECB updates digital euro rulebook following joint review with consumers, retailers and payment service providers
• ECB concludes call for applications to select potential external providers and publishes invitation to tender
• ECB launches new research to incorporate users’ digital euro design preferences
• Stakeholder engagement across euro area remains key priority to support ongoing legislative deliberations

The European Central Bank (ECB) has published its second progress report on the preparation phase of a digital euro, which was launched on 1 November 2023 and is laying the foundations for the potential issuance of a digital euro.

Since the publication of the first progress report, the ECB has updated its digital euro scheme rulebook, aimed at harmonising digital euro payments across the euro area. This followed an interim review carried out by members of the Rulebook Development Group, representing the views of consumers, retailers and payment service providers. The…