Results of the public consultation on a digital euro released by the ECB

The European Central Bank (ECB) has released an analysis of its public consultation on a digital euro, which received over 8,200 responses. The analysis confirms that privacy is the most important feature for both the public and professionals, with 43% of respondents highlighting it as their top priority. Security, the ability to make payments across the euro area, no additional costs, and offline usability were also important factors for respondents. The majority of respondents expressed support for integrating the digital euro into existing banking and payment systems and suggested additional services on top of basic digital euro payments. Around a quarter of respondents wanted the digital euro to facilitate faster and cheaper cross-border payments, while also being usable outside the euro area with certain limitations. The consultation provided valuable input for the ECB’s decision on whether to launch a formal investigation phase for a digital euro.

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