Gate News reports that on March 19, the European Central Bank (ECB) announced the opening of expert applications for two new working groups under its Rules Development Group (RDG), focusing on advancing the implementation of digital euro at ATMs, payment terminals, and acceptance infrastructure levels. The responsibilities of the two working groups are as follows: one, to develop implementation standards for ATM and terminal providers, covering communication technologies, offline transaction functions, and the reuse of existing payment standards; two, to establish testing, certification, and approval processes for payment solutions and infrastructure used by Payment Service Providers (PSPs) within the digital euro ecosystem. Both groups report to the RDG, which includes members from merchants, payment service providers, and consumer representatives. The ECB previously disclosed plans to launch a 12-month digital euro pilot in the second half of 2027, involving a limited number of merchants, euro system staff, and PSPs. ECB Executive Board member Piero Cipollone confirmed these arrangements in February of this year.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
