The possible advantages of a digital euro and the rapid changes in the retail payment landscape imply that the Eurosystem needs to be equipped to issue it.. A digital euro could support the Eurosystem’s objectives by providing citizens with access to a safe form of money...
We asked 18 questions to collect views on the benefits and challenges
of issuing a digital euro and on its possible design. Our public
consultation ran from 12 October 2020 until 12 January 2021.
The overview of the 8,221 responses is published in this report. It
will provide important input for the Governing Council’s decision in
mid-2021 about whether to launch a digital euro project to formally
investigate its possible design and use.
Privacy is considered the most important feature of
a digital euro by both citizens and professionals. A digital euro
should also be secure, cheap and easy to use throughout the euro area. More
Licensed intermediaries should play a role in the
provision of digital euro services. They would be best suited to provide
innovative and efficient services, integrating them into existing
banking and payment systems. More
All currently available hardware and software
solutions could be adapted to use a digital euro and make payments
similar to cash transactions, so long as they continue to do so safely
and securely. More
Presentation of the results
We will do our best to ensure that a digital euro meets the
expectations of citizens as highlighted in the public consultation, says
Executive Board member Fabio Panetta presenting the results of the
public consultation to the European Parliament’s Committee on Economic
and Monetary Affairs on 14 April 2021.
Eurosystem report on the public consultation on a digital euro
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