The European Central Bank (ECB) has announced the formation of a Market Advisory Group for the purpose of exploring the infrastructural and circulation potential of the digital euro from the perspective of industry spearheads.
The group also aims to uncover the digital euros optimal function within the pan-European currency's vast payments ecosystem.
The group includes a number of well-established experts from the banking and financial sector, including Aleksander Kurtevski, managing director of Bankart, Antonio Macías Vecino, head of payments discipline at BBVA and Axel Schaefer, payment regulation and innovation specialist at Ingka Group (Ikea), among others.
It is expected that initial consultation meetings will commence in November 2021
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