数字欧元计划规则手册开发小组工作最新进展

30 October 2025 Executive summary A key deliverable during the two-year preparation phase of the digital euro isthe development of the draft digital euro scheme rulebook.The development ofthe rulebook is taking place in close collaboration with the digital euro scheme’sRulebook Development Group (RDG), which is composed of senior representativesfrom associations representing both the supply and demand sides of the Europeanretail payments market along with the ECB and observers from euro area nationalcentral banks and EU institutions. To ensure a high level of transparency, theEuropean Central Bank (ECB) regularly publishes updates on the development ofthe rulebook and the work of the RDG. This update provides information about theRDG’s activities since the last update, which was published in April 2025.1 The digital euro scheme rulebook will establish a single set of rules, standardsand procedures for the use of the digital euro across the euro area.It willinclude requirements to standardise the digital euro payment experience as well asoptional provisions and supporting material to provide further guidance to supervisedpayment service providers (PSPs). The aim is to ensure that the PSPs participatingin the digital euro scheme deliver consistent and standardised basic digital euroservices, enabling a private, secure and uniform user experience, regardless of theeuro area country or PSP involved – as is the case with cash today. By providing astandardised basis for basic digital euro services, the rulebook will also enable retailpayment solution providers to roll out solutions across the euro area, therebymitigating the current market fragmentation, supporting innovation and competition. A recent key milestone in the digital euro project was the delivery of the newdraft rulebook version to RDG members and their constituents in June 2025.The new version incorporates feedback gained from extensive discussions heldduring RDG meetings, dedicated workshops, RDG workstreams and extensivemarket feedback provided during the previous interim review of the initial version ofthe draft rulebook launched in January 2024. The RDG members and theirconstituents provided around 2,000 unique comments as part of this previousconsultation. The large majority led either to direct changes to the draft rulebook(36%) or was carefully considered by the Eurosystem and RDG workstreams for thefurther development of the new draft rulebook version (48%). The latter were eitherpartially incorporated into the rulebook, did not necessitate any changes or wereexcluded with explanations provided to RDG members, for example, if they conflicted with prior decisions or were no longer applicable in view of otheramendments. Updates were made to user journeys, end-to-end (E2E) flows andbusiness rules, ensuring greater clarity and applicability to specific digital euroservices, payment methods and liquidity management. RDG input also informedenhancements to sections on identification of users, dispute management and theglossary, while some comments, such as those on alias payments, portability andthe participation model, were further considered in discussions at Eurosystem level.2Approximately 10% of the comments received were deemed out of scope for therulebook, addressing topics like the sequencing of use cases and holding limits.Such comments were forwarded where they fell within the remit of other fora (e.g.the Euro Retail Payments Board). The remaining 6% are under consideration forfuture rulebook iterations, including PSP onboarding, point-of-sale (POS) and ATMspecifications, offline authentication and the adherence model. The new draft rulebook has been thoroughly restructured, and new areas havebeen added compared to the previous version.These include: •minimum user experience (UX) requirements covering mandatory and optionalprovisions both for generic requirements applicable to all use cases and forrequirements and wireframes related to particular use cases, including POS, e-commerce, m-commerce and person-to-person (P2P) transactions;34 •brand rules for PSPs when providing digital euro services, to ensure a unifiedimage is maintained across various channels, enhancing brand recognition andbuilding trust among consumers, while considering ease of implementation forPSPs; •implementation specifications for the digital euro front-end domain, covering keyuse cases such as P2P transactions, e-commerce and m-commercetransactions, and requirements for the PSP mobile app and website;5 •implementation specifications for the back-end domain explaining how PSPswould interact with the various components of the digital euro service platform(DESP) related to access management, alias lookup and the settlementservice; •an overview of the existing open standards identified as potential candidates forreuse by the digital euro in line with the RDG objectives; •a section on digital euro dispute management to contribute to end-userprotection by prov