The European Central Bank (ECB) is conducting market research as part of the investigation phase of the digital euro project. The purpose of this research is to gather information on the technical design options for potential digital euro components and services. The findings from this research will be included in an implementation plan, which will be part of the final report to be released in autumn 2023. The ECB Governing Council will use this report to make an informed decision on whether to proceed with a realisation phase for the digital euro. However, the final decision on issuing a digital euro will be made at a later stage. Participation in the market research is voluntary and will not affect eligibility for future procurement procedures. The main document provides detailed information about the research, while Annex 1 outlines a potential design for the digital euro. Annex 2 contains a set of questions for obtaining technical input, cost estimates, and time estimates. The deadline for submitting responses to Annex 2 is Friday, 17 February 2023. All responses will be treated confidentially, and respondents will not be notified of the assessment outcome. The Eurosystem may reach out to a limited number of respondents for further clarification or meetings.
HomeCBDCDigital Euro UpdatesExploring Potential Technical Solutions for a Digital Euro through Market Research