Eurosystem proceeds to next phase of digital euro project


Two years have been spent exploring the possible design and distribution of a digital euro. Now, the Governing Council of the ECB is moving to the next phase of the project. This will lay the foundations for a potential digital euro. It will involve, amongst other things, finalising the digital euro rulebook and selecting providers that could develop a digital euro platform and infrastructure. However, a decision on whether to actually issue a digital euro will be made at a later date.