Tag: digital euro

Jul 11 2022

Just-In: Digital Euro Project: Experts To Finalize Roadmap Next Week

Jul 11 2022 Published at Coingape under tags  digital euro european central bank news

The European Central Bank (ECB) is organizing an online technical talk next week to explore the design of the Digital Euro. The ECB event could see experts from blockchain, crypto, and financial technology firms help the central bank finalize a privacy-focused digital euro design. Experts to Discuss the Digital Euro Design The ECB has low...

May 22 2022

Crypto is Worth Nothing and Based on Nothing, Says ECB President Lagarde

Quick take: European Central Bank President, Christine Lagarde, has said cryptocurrencies are worth nothing and based on nothing. She added that cryptocurrencies do not have an underlying asset to act as an anchor of safety. ECB President Lagarde said that a digital Euro would be a better store of value than cryptocurrencies. The EU Commission on a digital euro (CBDC) is still accepting...

May 04 2022

ECB’s Presentation Shows Lack Of Privacy Options In Proposed Digital Euro Designs

May 04 2022 Published at Coinscreed under tags  cbdc digital euro news

Transactions through the EU's proposed digital Euro could be transparent to intermediaries, just like any other non-crypto digital transaction. The public's main concern, aside from concerns about government overreach raised by the European Union's ambitious digital euro project, is the privacy framework of the prospective currency. This concern appears to be overblown after all: as […]

Apr 20 2022

EU Citizens Strongly Oppose CBDCs, But What About Crypto?

Apr 20 2022 Published at Bitcoinist.com under tags  cbdc crypto digital euro ecb

Is crypto already putting down CBDCs? The European Central Bank (ECB) has been researching and discussing a CBDC project called the Digital Euro for a while. They launched a public consultation to understand common needs & expectations for a Digital Euro. The feedback has been extremely negative. Unwanted This is...

Feb 12 2022

The Digital Euro Bill Scheduled for Early 2023

The European Commission said on Wednesday that a bill for a digital euro will be proposed early next year. On February 9, the European Union announced that a digital euro bill will be proposed in 2023. In addition, they stated, as first reported by Politico, that the bill will serve as the legal foundation for digital fiat currency. Furthermore, the European Central Bank...

Feb 11 2022

Digital Euro bill set to come in early 2023

Feb 11 2022 Published at CryptoSlate under tags  banking cbdc cbdcs digital euro ecb

Ever since Facebook, now Meta, launched the Libra (Diem) project in 2019, in partnership with twenty or so other companies, including MasterCard and Visa, nation-states worldwide have been in a hurry to develop digital versions of their sovereign currencies, also known as Central...

Nov 06 2021

Digital Euro Is Coming: ECB’s Panetta Argues In favor

The ECB weights in favor of incorporating a digital euro. The vision's details were shared by Fabio Panetta, a member of the executive board of the European Central Bank (ECB). The possibility of a European CBDC for retail payments started being discussed at the beginning of the year by the central bank and was put into a 24 month "investigate phase"...

Jul 14 2021

Jun 11 2021

Central Bank of Nigeria (CBN) Plans For a CBDC Launch By the End of 2021

On Thursday, June 10, the Central Bank of Nigeria (CBN) announced that it preparing for the launch of the central bank digital currency (CBDC) aka Digital Naira and that should happen before the end of 2021. Rukayat Mohammed, the Director...

Apr 08 2021

Amid Inflation Crisis, Turkey Plans to Issue Its CBDC Digital Lira In Two Years

Amid highly rising inflation and with the Turkish Lira losing value against the USD, the country is now looking for a digital alternative to its national currency. Drawing a leaf from China's CBDC move, Turkey is all set to launch its...

Jan 26 2021

BIS Innovation Hub to Build and TesT PoC Platform for Cross-Border CBDC Settlements

The Bank of International Settlements' Innovation Hub is looking to take further CBDC developments. The BIS Innovation Hub is developing a proof-of- concept (PoC) platform that explores the use of central bank digital currencies (DBDCs)...

Jan 20 2021

European Commission, ECB Unite to Consider Potential Pitfalls of the Digital Euro

The digital euro project may get underway in mid-2021 after a period of reviewing any "policy, legal and technical questions" by the two institutions.

Jan 13 2021

ECB President Believes Bitcoin is Speculative, Digital Euro in Next 5 Years

Jan 13 2021 Published at Coingape under tags  bitcoin btcbrl btcbusd btcdai btceur

Christine Lagarde, the European Central Bank president in her recent talk at Reuters Next...

Dec 22 2020

Italian Banks Start Experiments With Digital Euro Built on Blockchain Tech

Dec 22 2020 Published at CoinDesk under tags  digital euro italy news policy & regulation tech

The Italian Banking Association said the work would help financial institutions prepare for the future.

Dec 12 2020

Bank of France’s Deputy Governor Discusses CBDC Progress, Regulatory Changes

The Bank of France’s deputy governor said there has been a “hands-on approach” with the bank’s experiment to launch a digital euro for the general public.

Dec 09 2020

Mass Adoption of a Digital Euro Could Be a ‘Clear Negative’ for Europe’s Banks: BofA

Dec 09 2020 Published at CoinDesk under tags  banking china diem digital euro news

A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank.

Nov 30 2020

ECB President Christine Lagarde Pushes The Use of Digital Euro to Complement Cash

Christine Lagarde, the current president of the European Central Bank (ECB), has once again spoken in favor of the Digital Euro. In her recent interview with the L’ENA hors les murs magazine, Lagarde speaks about the future of money...

Nov 12 2020

ECB’s Lagarde Has ‘Hunch’ Digital Euro Will Launch in 2-4 Years

Nov 12 2020 Published at CoinDesk under tags  bank of england bitcoin cbdc cbdcs digital euro

ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance.

Nov 01 2020

ECB President Invites Public Views on Potential Digital Euro

Nov 01 2020 Published at Coingape under tags  cbdc christine lagarde digital euro ecb imf

The President of the European Central Bank [ECB] Christine Lagarde requested public views and opinions on a potential central bank digital currency [CBDC] for the eurozone. Describing 2020 as a...

Oct 13 2020

Christine Lagarde: ECB is Looking “Very Seriously” at Creating a Digital Euro

The president of the European Central Bank (ECB), Christine Lagarde, said on Monday that they are looking “very seriously” at the creation of a digital euro. This comes […]

Know a good blog/source that is not listed? Contact us or fill the form below to add one: