According to ChainCatcher news reported by The Block, the European Central Bank (ECB) has recently released the second progress report on the digital euro project, focusing on updates to the CBDC rulebook, including user experience standards and risk management frameworks. The report shows that the ECB will conduct an online survey targeting small merchants and vulnerable consumers in the coming months, with the relevant results expected to be published in mid-2025.
The ECB indicates that it will collaborate with key stakeholders, including merchants, payment service providers, fintech companies, and universities, to establish innovative partnerships and test conditional digital euro payments.
Meanwhile, the European Central Bank has also completed a call for applications launched in January of this year to select potential components and service providers for the digital euro. The results of this procedure will be finalized in 2025 and published on the ECB's website.
