ECB publishes progress report on digital euro rulebook

9 April 2025

The European Central Bank (ECB) today published its fourth report outlining the progress made by the digital euro Rulebook Development Group (RDG) in developing a draft digital euro scheme rulebook. The rulebook aims to harmonise digital euro payments across the euro area through a single set of rules, standards and procedures.

Following the last update in September 2024, the fourth report outlines the progress made in three key areas by the RDG, which represents consumers, retailers and payment service providers, with members of central banks and EU institutions participating as observers. First, existing rulebook sections have been updated to reflect more than 2,000 comments received as part of the RDG’s interim review in 2024. Second, progress has been made in additional areas of the rulebook in collaboration with market participants through dedicated workstreams. Third, the RDG has been involved in developing key subject areas through expert sessions. The ECB welcomes the valuable contributions made by market participants that have helped make progress in developing the rulebook, which is now being prepared for the next interim review by the RDG.

The report also provides an update on the RDG workstreams since September 2024, including the active workstreams on brand rules, risk management and front-end and back-end implementation specifications.

The draft digital euro rulebook will be sufficiently flexible to accommodate any future adjustments in accordance with the outcome of the digital euro legislative process. A possible decision by the ECB’s Governing Council to issue a digital euro would only be taken after the legislative act has been adopted.