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Stakeholder engagement

The Governing Council has launched the two-year investigation phase of the digital euro project. Broad engagement with market stakeholders will ensure that a digital euro meets users’ needs. A set of initiatives have been put in place, consisting of (i) market contact groups, (ii) surveys and (iii) calls for expression of interest on the technical design features of a digital euro.

During the investigation phase, the Eurosystem is engaging with the following market contact groups.

Digital Euro Market Advisory Group

The Digital Euro Market Advisory Group advises the Eurosystem on the design and potential rollout of a digital euro. It also explores how a digital euro could be beneficial to those involved in the euro area’s network of payments systems. The Group’s members are market practitioners who are active in the retail payments market. The members do not represent their institutions but act in a personal capacity.

Euro Retail Payment Board

The Euro Retail Payments Board (ERPB) supports the Eurosystem by providing views from members representing both the demand side and the supply side of the European retail payments market. The ERPB is a forum for institutional dialogue with the market on a digital euro. The ECB informs and consults the ERPB about the progress of the investigation phase in regular meetings, technical sessions and written procedures.

The ERPB is a high-level strategic body fostering the integration, innovation and competitiveness of euro retail payments in the European Union. Its members represent industry and stakeholder associations.

Documents and meetings

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