So far, the European Commission’s digital euro initiative has received more than 10,000 public comments. The public comment period runs from April 5 to June 14, 2022, to gather public input on the establishment and regulation of a digital euro.
The EU has yet to make a decision on whether to issue a digital currency, and the consultations will serve as a prelude to any draft laws that could be passed in 2023. In February this year, EU Commissioner for Financial Stability, Financial Services and Capital Markets Union Mairead McGuinness said: “Our aim is to introduce legislation in early 2023.