On 28 June 2023, the European Commission adopted the highly expected legislative proposal on the digital euro. EPIF welcomes this proposal which is an important step in bringing legal clarity to a highly complex project.

Elie Beyrouthy, EPIF Chair, commented: “EPIF members welcome the introduction of any new payment
solution that allows the industry to respond to changing customer needs and offers new and seamless
payment solutions to their customers. If non-bank payment providers have the possibility to offer digital
euro accounts they will certainly make good on this commitment and play their role to roll out and to
increase the acceptance of the digital euro”.