On the Proposal for a Regulation of the European Parliament and of the Council on the provision of digital euro services by payment services providers incorporated in Member States whose currency is not the euro and amending Regulation (EU) 2021/1230 of the European Parliament and the Council
ECON-PR-758975
Committee on Economic and Monetary Affairs · Rapporteur: Stefan Berger
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The draft report proposes amendments to the Commission's proposal on digital euro services by payment services providers in non-euro Member States. It renames 'digital euro' to 'Digital Euro' and extends distribution to all payment services providers in the Union.¶¶
Committee position. The rapporteur proposes amendments to the Commission proposal, mainly renaming 'digital euro' to 'Digital Euro' and broadening the scope of distribution to all payment services providers and customers across the Union.¶¶
Key points
- Amends the title to refer to 'Digital Euro' services, with changes applying throughout the text.¶
- Ensures all payment services providers in the Union can distribute Digital Euro under the same conditions to euro-area residents, former residents with Digital Euro wallets, and visitors.¶
- Extends distribution to natural and legal persons residing or established in non-euro Member States and other countries, as per the amended recital.
- Changes 'account' to 'wallet' in the definition of eligible persons.¶
Who is affected
- Payment services providers in non-euro Member States: can distribute Digital Euro to a wider range of customers.¶
- Natural and legal persons in non-euro countries: may receive Digital Euro services.
Legal basis: Article 294(2) and Article 114 of the Treaty on the Functioning of the European Union¶