The document outlines a tentative timeline for selecting service providers and making decisions about a digital euro project from 2021 to 2023. Key milestones include:
- In Q3-2022, making decisions on the distribution model, controls on take-up, and value added services for a digital euro.
- In Q3-2023, the Governing Council will decide whether to launch the realisation phase for developing and implementing a digital euro.
- Between 2021-2023, the project team will work on user requirements, governance, use cases, and prototypes while consulting citizens and merchants. A decision paper in 2023 will provide advice on a potential issuance.
The document outlines a tentative timeline for selecting service providers and making decisions about a digital euro project from 2021 to 2023. Key milestones include:
- In Q3-2022, making decisions on the distribution model, controls on take-up, and value added services for a digital euro.
- In Q3-2023, the Governing Council will decide whether to launch the realisation phase for developing and implementing a digital euro.
- Between 2021-2023, the project team will work on user requirements, governance, use cases, and prototypes while consulting citizens and merchants. A decision paper in 2023 will provide advice on a potential issuance.
The document outlines a tentative timeline for selecting service providers and making decisions about a digital euro project from 2021 to 2023. Key milestones include:
- In Q3-2022, making decisions on the distribution model, controls on take-up, and value added services for a digital euro.
- In Q3-2023, the Governing Council will decide whether to launch the realisation phase for developing and implementing a digital euro.
- Between 2021-2023, the project team will work on user requirements, governance, use cases, and prototypes while consulting citizens and merchants. A decision paper in 2023 will provide advice on a potential issuance.
• Selection of service provider(s) for project • Compensation model realisation phase • Access to digital euro • Decision-making document • Prioritisation of use cases ecosystem including advice on the • Report on focus groups • Design options to control • Value added services potential issuance of the with citizens and take-up • Advanced functionalities digital euro, its design and merchants • Distribution model • Prototyping results implementation July 2021 Governing Council decision to launch investigation phase
September 2023 Governing Council decision to launch realisation phase • Settlement model • Project team onboarding • Online/offline availability • Amount in circulation • Finalise user requirements • Governance set-up • Data privacy level • Role of intermediaries • Prepare for project • Transfer mechanism • Integration and form factor realisation phase • Prototype development