{"id":4791,"date":"2021-01-13T21:33:19","date_gmt":"2021-01-13T21:33:19","guid":{"rendered":"https:\/\/www.futuresandoptions.gr\/en\/?p=4791"},"modified":"2021-01-13T21:33:20","modified_gmt":"2021-01-13T21:33:20","slug":"ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback","status":"publish","type":"post","link":"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/","title":{"rendered":"ECB digital euro consultation ends with a record level of public feedback"},"content":{"rendered":"\n<p>Over 8,000 responses received in online survey on digital euro <\/p>\n\n\n\n<p>\u25cf Privacy, security and pan-European reach ranked highest in European citizens\u2019 preferences<br>\u25cf Detailed analysis to be published in spring, ahead of decision on project launch<br>The <a href=\"https:\/\/www.futuresandoptions.gr\/en\/luis-de-guindos-the-euro-area-financial-sector-in-the-pandemic-crisis\/\">European Central Bank<\/a> (ECB) concluded its public consultation on the digital euro yesterday and will now analyse in detail the large number of responses. 8,221 citizens, firms and industry associations submitted responses to an online questionnaire, a record for ECB public consultations.<br>The public consultation was launched on 12 October 2020, following the publication of the Eurosystem report on a digital EUR. The <a href=\"https:\/\/www.ecb.europa.eu\/home\/html\/index.en.html\">ECB<\/a> will publish a comprehensive analysis of the public consultation in the spring, which will serve as an important input for the ECB\u2019s Governing Council when deciding whether to launch a digital euro project.<\/p>\n\n\n\n<p>An initial analysis of raw data shows that privacy of payments ranked highest among the requested features of a potential digital euro (41% of replies), followed by security (17%) and pan-European reach (10%).<br>\u201cThe high number of responses to our survey shows the great interest of Europe\u2019s citizens and firms in shaping the vision of a digital EUR,\u201d said Fabio Panetta, Member of the ECB\u2019s Executive Board and Chair of the task force on a digital euro. \u201cThe opinions of citizens, businesses and all stakeholders are of utmost importance for us as we assess which use cases a digital euro might best serve.\u201d<\/p>\n\n\n\n<p>The Eurosystem task force, bringing together experts from the ECB and 19 national central banks of the euro area, identified possible scenarios that would require the issuance of a digital euro. These scenarios include an increased demand for electronic payments in the euro area that would require a European risk-free digital means of payment, a significant decline in the use of cash as a means of payment in the euro area, the launch of global private means of payment that might raise regulatory concerns and pose risks for financial stability and consumer protection, and a broad take-up of central bank digital currencies issued by other central banks.<br>A digital euro would be an electronic form of central bank money accessible to all citizens and firms \u2013 like banknotes, but in a digital form \u2013 to make their daily payments in a fast, easy and secure way. It would complement cash, not replace it. The Eurosystem will continue to issue cash in any case.<\/p>\n\n\n\n<p>A digital common currency would combine the efficiency of a digital payment instrument with the safety of central bank money. The protection of privacy would be a key priority, so that the digital euro can help maintain trust in payments in the digital age.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over 8,000 responses received in online survey. Privacy, security and pan-European reach ranked highest in European citizens\u2019 preferences. Detailed analysis to be published in spring, ahead of decision on project launch<\/p>\n","protected":false},"author":2,"featured_media":4482,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1164,1163,812,14],"tags":[1188],"class_list":["post-4791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cbdc","category-central-banks","category-cryptocurrencies","category-financial-news","tag-digital-euro"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ECB digital euro consultation ends with a record level of public feedback -<\/title>\n<meta name=\"description\" content=\"Over 8,000 responses received in an online survey about digital euro. Privacy, security and pan-European reach ranked highest in European\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECB digital euro consultation ends with a record level of public feedback -\" \/>\n<meta property=\"og:description\" content=\"Over 8,000 responses received in an online survey about digital euro. Privacy, security and pan-European reach ranked highest in European\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/\" \/>\n<meta property=\"og:site_name\" content=\"Futures and Options\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-13T21:33:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-13T21:33:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.futuresandoptions.gr\/en\/wp-content\/uploads\/2020\/12\/European-Central-Bank.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"396\" \/>\n\t<meta property=\"og:image:height\" content=\"396\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"pnik\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"pnik\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/\",\"url\":\"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/\",\"name\":\"ECB digital euro consultation ends with a record level of public feedback -\",\"isPartOf\":{\"@id\":\"https:\/\/www.futuresandoptions.gr\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.futuresandoptions.gr\/en\/wp-content\/uploads\/2020\/12\/European-Central-Bank.jpg\",\"datePublished\":\"2021-01-13T21:33:19+00:00\",\"dateModified\":\"2021-01-13T21:33:20+00:00\",\"author\":{\"@id\":\"https:\/\/www.futuresandoptions.gr\/en\/#\/schema\/person\/e724181c2b6dddb5e6c826e406faac26\"},\"description\":\"Over 8,000 responses received in an online survey about digital euro. Privacy, security and pan-European reach ranked highest in European\",\"breadcrumb\":{\"@id\":\"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/#primaryimage\",\"url\":\"https:\/\/www.futuresandoptions.gr\/en\/wp-content\/uploads\/2020\/12\/European-Central-Bank.jpg\",\"contentUrl\":\"https:\/\/www.futuresandoptions.gr\/en\/wp-content\/uploads\/2020\/12\/European-Central-Bank.jpg\",\"width\":396,\"height\":396,\"caption\":\"ECB European Central Bank digital euro\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.futuresandoptions.gr\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"ECB digital euro consultation ends with a record level of public feedback\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.futuresandoptions.gr\/en\/#website\",\"url\":\"https:\/\/www.futuresandoptions.gr\/en\/\",\"name\":\"Futures and Options\",\"description\":\"Serving Intelligent Investors\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.futuresandoptions.gr\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.futuresandoptions.gr\/en\/#\/schema\/person\/e724181c2b6dddb5e6c826e406faac26\",\"name\":\"pnik\",\"url\":\"https:\/\/www.futuresandoptions.gr\/en\/author\/pnik\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"ECB digital euro consultation ends with a record level of public feedback -","description":"Over 8,000 responses received in an online survey about digital euro. Privacy, security and pan-European reach ranked highest in European","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/","og_locale":"en_US","og_type":"article","og_title":"ECB digital euro consultation ends with a record level of public feedback -","og_description":"Over 8,000 responses received in an online survey about digital euro. Privacy, security and pan-European reach ranked highest in European","og_url":"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/","og_site_name":"Futures and Options","article_published_time":"2021-01-13T21:33:19+00:00","article_modified_time":"2021-01-13T21:33:20+00:00","og_image":[{"width":396,"height":396,"url":"https:\/\/www.futuresandoptions.gr\/en\/wp-content\/uploads\/2020\/12\/European-Central-Bank.jpg","type":"image\/jpeg"}],"author":"pnik","twitter_card":"summary_large_image","twitter_misc":{"Written by":"pnik","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/","url":"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/","name":"ECB digital euro consultation ends with a record level of public feedback -","isPartOf":{"@id":"https:\/\/www.futuresandoptions.gr\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/#primaryimage"},"image":{"@id":"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/#primaryimage"},"thumbnailUrl":"https:\/\/www.futuresandoptions.gr\/en\/wp-content\/uploads\/2020\/12\/European-Central-Bank.jpg","datePublished":"2021-01-13T21:33:19+00:00","dateModified":"2021-01-13T21:33:20+00:00","author":{"@id":"https:\/\/www.futuresandoptions.gr\/en\/#\/schema\/person\/e724181c2b6dddb5e6c826e406faac26"},"description":"Over 8,000 responses received in an online survey about digital euro. Privacy, security and pan-European reach ranked highest in European","breadcrumb":{"@id":"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/#primaryimage","url":"https:\/\/www.futuresandoptions.gr\/en\/wp-content\/uploads\/2020\/12\/European-Central-Bank.jpg","contentUrl":"https:\/\/www.futuresandoptions.gr\/en\/wp-content\/uploads\/2020\/12\/European-Central-Bank.jpg","width":396,"height":396,"caption":"ECB European Central Bank digital euro"},{"@type":"BreadcrumbList","@id":"https:\/\/www.futuresandoptions.gr\/en\/ecb-digital-euro-consultation-ends-with-a-record-level-of-public-feedback\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.futuresandoptions.gr\/en\/"},{"@type":"ListItem","position":2,"name":"ECB digital euro consultation ends with a record level of public feedback"}]},{"@type":"WebSite","@id":"https:\/\/www.futuresandoptions.gr\/en\/#website","url":"https:\/\/www.futuresandoptions.gr\/en\/","name":"Futures and Options","description":"Serving Intelligent Investors","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.futuresandoptions.gr\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.futuresandoptions.gr\/en\/#\/schema\/person\/e724181c2b6dddb5e6c826e406faac26","name":"pnik","url":"https:\/\/www.futuresandoptions.gr\/en\/author\/pnik\/"}]}},"_links":{"self":[{"href":"https:\/\/www.futuresandoptions.gr\/en\/wp-json\/wp\/v2\/posts\/4791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.futuresandoptions.gr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.futuresandoptions.gr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.futuresandoptions.gr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.futuresandoptions.gr\/en\/wp-json\/wp\/v2\/comments?post=4791"}],"version-history":[{"count":1,"href":"https:\/\/www.futuresandoptions.gr\/en\/wp-json\/wp\/v2\/posts\/4791\/revisions"}],"predecessor-version":[{"id":4792,"href":"https:\/\/www.futuresandoptions.gr\/en\/wp-json\/wp\/v2\/posts\/4791\/revisions\/4792"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.futuresandoptions.gr\/en\/wp-json\/wp\/v2\/media\/4482"}],"wp:attachment":[{"href":"https:\/\/www.futuresandoptions.gr\/en\/wp-json\/wp\/v2\/media?parent=4791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.futuresandoptions.gr\/en\/wp-json\/wp\/v2\/categories?post=4791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.futuresandoptions.gr\/en\/wp-json\/wp\/v2\/tags?post=4791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}