Digital euro
Following preliminary planning and the presentation of the results of a public consultation in early 2021, the ECB decided in July 2021 to launch a digital euro project to prepare for the possible introduction of a digital euro. No technical barriers were identified during the preliminary planning. The research, which is scheduled to run until autumn 2023, aims to shed light on the distribution to merchants and citizens, the impact on markets and the necessary European legislation. No preliminary decision has therefore been taken on the introduction of the digital euro.