See ECB (2022), Progress on the investigation phase of a digital euro, September; ECB (2022), Progress on the investigation phase of a digital euro – second report, December; and ECB (2022), Letter from Fabio Panetta to Ms Irene Tinagli on progress on the investigation phase of a digital euro.
The first report covers topics such as the transfer mechanism, privacy and tools to control the amount of digital euro in circulation. The second report focuses on the roles of intermediaries, a settlement model, funding and defunding and a distribution model for the digital euro. 2. Further information on stakeholder engagement and project governance is available on the ECB’s website. 3.