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‘There are already digital means of payment:’ EU Commission gets 11,000 public comments on CBDC project

2022.04.19 18:35

‘There are already digital means of payment:’ EU Commission gets 11,000 public comments on CBDC project
‘There are already digital means of payment:’ EU Commission gets 11,000 public comments on CBDC project

In less than two weeks that passed since the European Commission opened its “Digital euro for the EU” initiative up to public consultation, more than 11,000 individuals and organizations left their feedback on the website. The feedback section will be open until June 14.

Besides the open-ended comments section on the website, there is a targeted consultation questionnaire that aims to collect information from the industry representatives, authorities and experts regarding such aspects of the prospective digital euro as privacy and data protection, Anti-Money Laundering (AML) and Combatting the Financing of Terrorism (CFT) rules, the impact on financial stability and users’ needs and expectations.

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