Designing the Digital Euro

This pioneering book examines the legal, economic, and technological foundations of the proposed digital euro, and explores the potential design of an EU Central Bank Digital Currency (CBDC). Annelieke A.M. Mooij provides insights into the suggested legal framework behind the digital euro, as well as the different actors involved in its development and implementation. She examines key design choices, such as single-tier versus dual-tier models, and their implications for financial stability and user access. The book assesses how a blockchain-based architecture has the potential to protect privacy while also ensuring compliance with fundamental rights and anti-money laundering legislation and cyber-resilience. Presenting a comprehensive analysis of the digital euro and its design, chapters combine legal and technological assessments of blockchain design choices in light of public policymaking. Grounded in EU law and monetary policy, this concise and accessible book is essential reading for scholars and students of finance and banking law, internet and technology law, and regulation and governance. Practitioners in the field of financial law, analysts and policymakers who are introducing CBDC, and those working in fintech will also benefit from its valuable insights.