Tag: digital euro

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 […]

Oct 07 2020

Ripple Co-founder Hints Shifting Base Out of the U.S, Blames Regulators

Former Ripple CEO and co-founder Chris Larsen recently spoke out his mind on crypto regulations in the U.S. and the lack of clarity. Speaking to the Fortune reporter Jeff John Roberts, Larsen said that...

Sep 23 2020

ECB Seeks to Eliminate Stablecoins, Accelerate Digital Euro Plans

Sep 23 2020 Published at Crypto Briefing under tags  analysis cbdc digital euro

The ECB's President and crypto task force view stablecoins as a threat to the sovereignty of the central bank. Europe's central bank is looking to accelerate plans for a digital euro to compete with stablecoins as a medium of payment and store of value. ECB Seeks a Digital Alternative to Euro In 2018, when she was the Managing Director of the...

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