The European Central Bank (ECB) has announced the formation of the Rulebook Development Group (RDG) as part of the digital euro project. Comprised of 22 senior professionals from the public and private sectors, the group will be responsible for drafting a rulebook for the digital euro scheme. The RDG’s work will be based on the design decisions made by the Governing Council and will be flexible enough to accommodate potential future adjustments. The group will hold monthly meetings, starting from February 2023. The Eurosystem’s digital euro project team will attend these meetings, while the European Commission will participate as an observer. It is important to note that the establishment of this group does not imply any decision to issue a digital euro in the future.
HomeCBDCDigital Euro UpdatesECB selects members for the Rulebook Development Group to create a digital...