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ECB: Digital Euro Enters ‘Preparation Phase’
The Governing Council of the European Central Bank (ECB) is moving to the next phase of the digital euro project – the preparation phase. For the next two years starting from November 1, the guideline on the use of the digital euro rulebook will be established, and providers in charge of the platform and infrastructure will be chosen. The preparation phase will also include testing and experimentation to develop a digital euro that will meet both the Eurosystem’s requirements and user needs in terms of user experience, privacy, financial inclusion and environmental footprint.
Our Governing Council has decided to move to the next phase of the digital euro project.
In November 2023 we will start laying the foundation for the possible issuance of a digital euro. A decision on issuing a digital euro will come at a later stage.https://t.co/xuKklame0U pic.twitter.com/Nn0Z8RggVn
— European Central Bank (@ecb) October 18, 2

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