{"id":427079,"date":"2022-04-06T00:00:00","date_gmt":"2022-04-05T21:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/european-commission-opens-new-consultation-on-digital-euro\/"},"modified":"2022-04-06T00:00:00","modified_gmt":"2022-04-05T21:00:00","slug":"european-commission-opens-new-consultation-on-digital-euro","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/european-commission-opens-new-consultation-on-digital-euro\/","title":{"rendered":"# European Commission opens new consultation on digital euro"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3df35490f6d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3df35490f6d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/european-commission-opens-new-consultation-on-digital-euro\/#%E2%80%9D_European_Commission_opens_new_consultation_on_digital_euro_%E2%80%9C\" >&#8221; European Commission opens new consultation on digital euro &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_European_Commission_opens_new_consultation_on_digital_euro_%E2%80%9C\"><\/span>&#8221; European Commission opens new consultation on digital euro &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvMGYxMjg3NTItNTFiYy00YTdkLWE4Y2UtYzYwNmU2MTNiMzUzLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>The European Commission is calling for financial services specialists to weigh in on the potential rollout of a digital euro.<\/p>\n<p>In a Tuesday notice, the European Commission\u2019s Directorate\u2011<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a> for Financial Stability, Financial Services and Capital Markets Union <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ec.europa.eu\/info\/consultations\/finance-2022-digital-euro_en\">said<\/a> it would be preparing an assessment of the central bank digital currency based on the expected impact on financial service providers, retail users and chambers of commerce. The commission will consult with industry specialists on issues concerning the digital euro including international payments, privacy, the impact on the financial sector and financial stability, use cases alongside cash payments, and Anti-Money Laundering and Combating the Financing of Terrorism rules.<\/p>\n<p>\u201cFor a digital euro to be used as the single currency, concurrently with euro banknotes and coins, it would require a regulation of the co-legislator, upon a proposal by the commission,\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ec.europa.eu\/info\/sites\/default\/files\/business_economy_euro\/banking_and_finance\/documents\/2022-digital-euro-consultation-document_en.pdf\">said<\/a> the consultation document. \u201cMoreover, additional legislative adjustments of the current EU legislative framework to adjust to the digital euro and possibly to digital currencies issued by central banks of non-euro area member states may be needed.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We just launched a consultation on the digital euro \u2013 a digitalised form of central bank money available to all as a complement to cash.<\/p>\n<p>What are your expectations for a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/DigitalEuro?src=hash&amp;ref_src=twsrc%5Etfw\">#DigitalEuro<\/a>? <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/EUHaveYourSay?src=hash&amp;ref_src=twsrc%5Etfw\">#EUHaveYourSay<\/a> by 14 June!<\/p>\n<p>\u2014 European Commission  (@EU_Commission) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/EU_Commission\/status\/1511362776287039493?ref_src=twsrc%5Etfw\">April 5, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThe digital euro consultations will complement those conducted by the European Central Bank, which recently released findings from focus groups commissioned in September 2021. Feedback from the general public and merchants suggested that the potential rollout of a digital euro could benefit from use cases both online and at physical retail outlets. The European Commission will accept responses until June 14.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>The European Commission is looking for blockchain regulatory sandbox operator<\/em><\/strong><\/p>\n<p>Mairead McGuinness, the European Commission\u2019s finance chief, said in February that legislation on a digital euro will be proposed sometime in 2023. The European Central Bank has been exploring the development of a digital euro as interest in central bank digital currencies seems to be growing globally. An ECB consultation from October 2020 to January 2021 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.ecb.europa.eu\/paym\/digital_euro\/html\/pubcon.en.html\">found<\/a> that a digital euro might help lower interest rates, speed up transaction processes and decrease the use of cash.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/european-commission-opens-new-consultation-on-digital-euro\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; European Commission opens new consultation on digital euro &#8220; The European Commission is calling for financial services specialists to weigh in on the potential rollout of a digital euro. In a Tuesday notice, the European Commission\u2019s Directorate\u2011General for Financial Stability, Financial Services and Capital Markets Union said it would be preparing an assessment of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":427080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvMGYxMjg3NTItNTFiYy00YTdkLWE4Y2UtYzYwNmU2MTNiMzUzLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75159,75604,28340,72705,70934],"class_list":["post-427079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-digital-currency","tag-euro","tag-europe","tag-european-union","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/427079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=427079"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/427079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/427080"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=427079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=427079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=427079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}