What Proposal for a Regulation of the European Parliament and of the Council on the establishment of the digital euro (COM/2023/0369) requires
This legislative proposal establishes a framework for the digital euro as a central bank digital currency (CBDC), granting it legal tender status within the euro area (Article 7). It mandates acceptance by payees and outlines an intermediated distribution model through Payment Service Providers (PSPs), while empowering the European Central Bank (ECB) to set individual holding limits (Article 16) and implement privacy-enhancing features.
Pillar: Crypto & Sovereign Finance · Authority: European Commission · Version: 1.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52023PC0369
SHA-256 integrity: f3512b3578ece4f63f30dcb5168f937ef300c0e8d960e66d3629845c29b8b3e7
Primary Citations — 6 traced to source
- Proposal for a Regulation on the establishment of the digital euro (COM/2023/0369), Article 7 - Legal tender status of the digital euro
- Proposal for a Regulation on the establishment of the digital euro (COM/2023/0369), Article 8 - Distribution of the digital euro
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