With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board Member Fabio Panetta. The
Category: digital euro
Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says
President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to
Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations
Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to
European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year
The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also
Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency
Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value
Italian Payments Giant Nexi Involved in Digital Euro Project
Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was
BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets
The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies
ECB Officially Starts to Investigate Digital Euro — Development Could Begin in 2 Years
The European Central Bank (ECB) says it is “starting to investigate” a digital euro by launching a two-year investigation. ECB President Christine Lagarde believes the
Bank of France, Swiss Crypto Bank Test Securities Settlement Using CBDC
The Bank of France has successfully completed an experiment involving the use of CBDC to settle listed securities. The test has been carried out with
ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’
The digitization of traditional currencies like the euro has the potential to increase their international appeal, the European Central Bank says in a new report.
European Union to Release Digital Wallet for Payments Next Year
The European Union (EU) will launch a digital wallet allowing citizens of any country in the bloc to make payments and access services provided by
