ECB seeks experts to plug digital euro into ATMs and bank card terminals
The ECB is recruiting experts to define rules for integrating the digital euro into ATMs and point-of-sale terminals.Summary
The European Central Bank (ECB) is actively seeking experts to help draft the rulebook for how a digital euro would function in everyday payments, specifically concerning ATMs and card payment terminals. This preparatory work anticipates potential legislation approving a central bank digital currency (CBDC) and a subsequent decision by the ECB's governing council to issue it, with a potential rollout by 2029 if approved. One workstream will focus on defining the technical aspects of processing digital euro payments via these devices, including offline transaction support and integration with current payment standards. A second group will establish a certification process for payment tools and infrastructure. This comes as 12 European banks, including BBVA and ING, are separately advancing their own euro-pegged token project called Qivalis.
(Source：CoinDesk)