{"id":31066,"date":"2020-11-02T09:38:34","date_gmt":"2020-11-02T07:38:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31066"},"modified":"2025-08-28T01:54:23","modified_gmt":"2025-08-27T22:54:23","slug":"ecb-launches-public-consultation-on-digital-euro","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ecb-launches-public-consultation-on-digital-euro\/","title":{"rendered":"ECB launches public consultation on digital euro"},"content":{"rendered":"<p>ECB President Christine Lagarde announced a public consultation on the digital euro for EU residents.<!--more--><\/p>\n<p>\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\"><p>\\n<\/p>\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">We\u2019ve started exploring the possibility of launching a digital euro. As Europeans are increasingly turning to digital in the ways they spend, save and invest, we should be prepared to issue a digital euro, if needed. I\u2019m also keen to hear your views on it <a href=\\\"https:\/\/t.co\/0ZuU2ZZgCp\\\">https:\/\/t.co\/0ZuU2ZZgCp<\/a> <a href=\\\"https:\/\/t.co\/CoY5sN7Yoz\\\">pic.twitter.com\/CoY5sN7Yoz<\/a><\/p>\n<p>\\n<\/p>\n<p>\u2014 Christine Lagarde (@Lagarde) <a href=\\\"https:\/\/twitter.com\/Lagarde\/status\/1322859717329301504?ref_src=twsrc%5Etfw\\\">November 1, 2020<\/a><\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>\\n<\/p>\n<p>The survey is being conducted as part of a study into the feasibility of issuing a central bank digital currency (CBDC).<\/p>\n<p>\\n<\/p>\n<blockquote>\n<p>We have begun public consultations so that Europeans can express their preferences and tell us whether they would be happy to use the digital euro, knowing that this is money issued by the ECB that people can rely on,&#8221; Lagarde said.<\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p>To take the survey, registration with the country of residence is required. In addition to EU member states, the drop-down list includes an &#8216;Other&#8217; option.<\/p>\n<p>\\n<\/p>\n<p>In late September, ECB lawyers <a href=\"https:\/\/forklog.com\/en\/news\/ecb-files-for-trademark-registration-of-digital-euro\">filed<\/a> an application to register the \\&#8221;digital euro\\&#8221; trademark.<\/p>\n<p>\\n<\/p>\n<p>In early October, the working group <a href=\"https:\/\/forklog.com\/en\/news\/ecb-steps-up-work-on-digital-euro\">published<\/a> a report on the possible issuance of a new payment instrument, and several central banks <a href=\"https:\/\/forklog.com\/en\/news\/bis-and-seven-central-banks-outline-core-cbdc-requirements\">have defined<\/a> the main requirements for CBDCs.<\/p>\n<p>\\n<\/p>\n<p>Commenting on the initiative, Christine Lagarde <a href=\"https:\/\/forklog.com\/en\/news\/ecb-chief-digital-euro-will-not-replace-cash\">stated<\/a> that a CBDC would complement cash and the issuance of banknotes would continue.<\/p>\n<p>\\n<\/p>\n<p>For more on how and why central banks create digital currencies, read ForkLog&#8217;s special report.<\/p>\n<p>\\n<\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"xqaQJjmydR\\\">\n<p><a href=\"https:\/\/forklog.com\/en\/news\/how-and-why-central-banks-create-digital-currencies-cbdcs\">How and why central banks create digital currencies (CBDCs)<\/a><\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u201c\u041a\u0430\u043a \u0438 \u0437\u0430\u0447\u0435\u043c \u0446\u0435\u043d\u0442\u0440\u043e\u0431\u0430\u043d\u043a\u0438 \u0441\u043e\u0437\u0434\u0430\u044e\u0442 \u0446\u0438\u0444\u0440\u043e\u0432\u044b\u0435 \u0432\u0430\u043b\u044e\u0442\u044b (CBDC)\u201d \u2014 ForkLog\\\" src=\\\"https:\/\/forklog.com\/exclusive\/central-bank-digital-currencies-cbdc-china-dcep\/embed#?secret=AkfePfERO6#?secret=xqaQJjmydR\\\" data-secret=\\\"xqaQJjmydR\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>\\n<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ECB President Christine Lagarde announced a public consultation on the digital euro for EU residents.<\/p>\n","protected":false},"author":1,"featured_media":31067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1095,205,1410,167],"class_list":["post-31066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cbdc","tag-christine-lagarde","tag-ecb","tag-research"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/31066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=31066"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/31066\/revisions"}],"predecessor-version":[{"id":31068,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/31066\/revisions\/31068"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/31067"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=31066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=31066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=31066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}