ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals
With issues about monetary stability in thoughts, the European Central Bank (ECB) plans to restrict digital euro holdings, in keeping with Board Member Fabio Panetta....
Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says
President of the European Central Bank Christine Lagarde has insisted that in contrast to a digital euro, cryptocurrency has no underlying asset. It must be...
ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals
The European Central Bank (ECB) leans towards a “clear” digital euro over one which ensures the next stage of privateness for its customers, a presentation...
Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro
Eurozone’s financial authority, the Eurosystem, is seeking to enlist monetary firms keen to develop front-end options for the digital euro. The plan is to hold...
Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations
Comparing the rise of crypto belongings to the gold rush, a high govt on the European Central Bank has urged governments to take motion to...
ECB Chief Lagarde Says Digital Euro Will Not Replace Cash — But Could Offer Convenient, Cost-Free Means of Payment
The president of the European Central Bank (ECB), Christine Lagarde, says {that a} digital euro won’t substitute money however would complement it. “A digital euro...
European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year
The govt arm of the EU is gearing as much as begin public consultations on the digital euro mission subsequent month. The European Commission may...
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 efficiently examined the applying of wholesale central financial institution digital...
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...
ECB Appoints Advisory Group for Digital Euro Project
The European Central Bank (ECB) has appointed an advisory group for the digital euro project. Called the Digital Euro Market Advisory Group, it was founded...