Tag: ecb

Sep 16 2021

Why ECB President Christine Lagarde’s Latest Stance On Bitcoin Is A Good Thing

ECB President Christine Lagarde’s recent remarks that bitcoin is not a currency show that central banks fear losing power.European Central Bank (ECB) President Christine Lagarde was interviewed on Bloomberg TV on September 13, which aired yesterday, September 15. Among the topics discussed, which included monetary policy, debt, and gross domestic product (GDP) of countries in the European Union (EU),...

Jul 15 2021

ECB Launches Investigation Phase of the Digital Euro Project

The newly launched phase will address key issues regarding the design and distribution of the Digital Euro.

Jul 14 2021

Jun 28 2021

BBVA Executive Warns ECB Should Take a Pragmatic Approach on Digital Euro

Pablo Urbiola commented that there are "good reasons" for the ECB to explore the issuance of the digital euro.

Jun 25 2021

EU to Designate CNMV, Bank of Spain, and ECB to Supervise Cryptos

The new framework is expected to be ready at the end of 2021 or at the beginning of the next year.

Jun 21 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...

Jun 05 2021

Why G7 Nations Are Raising Strong Concerns for China’s New Digital Yuan Plan?

Finance Ministers of the G7 economies have kicked off the 2-day meeting in London on Friday, June 4. This is the first face-to-face meeting after the G20 meeting in February 2020 n Saudi Arabia. The top things on agenda have been deciding the rules for the working of digital currencies issued by central banks and The post Why G7 Nations Are Raising Strong...

May 19 2021

ECB Report Says Bitcoin’s Progress has Eclipsed Bubble Like Behaviour

The European Central Bank (ECB) released a financial review report on Wednesday discussing potential financial...

May 03 2021

The Digital Dollar Project by Accenture Will Kickstart Pilot Program for U.S. CBDC Design and Use Case

Co-founded by consulting giant Accenture, The Digital Dollar Project (DDP) is all set to kickstart pilot tests for the U.S. central bank digital currency (CBDC) over the next year to test its design and use cases. For this,...

Jan 22 2021

The ECB Is Working on Launching the Digital Euro

Digitalization, especially in the finance sector, is gaining traction all over the globe. People are turning to digital ways of carrying out transactions as opposed to conventional methods. Not to be left out, the European Central Bank (ECB) has disclosed plans to launch the digital euro. Notably, it would only function as a digital...

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

“Speculative” Bitcoin Needs Regulation, Says ECB President

Jan 13 2021 Published at Crypto Briefing under tags  bitcoin business ecb world regulation

ECB President Christine Lagarde has called for the regulation of Bitcoin. She argued that the asset is "highly speculative" and has been used for money laundering in the past. ECB President Calls for Bitcoin Regulation The President of the European Central Bank (ECB) has said that Bitcoin needs to be regulated. ...

ECB’s Christine Lagarde Says ‘Speculative’ Bitcoin Needs Regulation

In a speech at a Reuters online event Wednesday, Lagarde said bitcoin was a speculative asset.

Dec 11 2020

First Mover: Stimulus Bet Wins Even as Bitcoin Slips Below $18K

Dec 11 2020 Published at CoinDesk under tags  bitcoin ecb ethereum first mover markets

MassMutual's push into bitcoin shows increasing adoption – of the narrative that the cryptocurrency can work as a hedge against central-bank money printing.

Dec 06 2020

Bitcoin’s Model Value Based on Fed and ECB Balance Sheets Is More Than $500,000

The Bitcoin (BTC) price is moving around $19,000 for a while as everyone is excited about the next move. Global investors and institutions have shown...

Nov 30 2020

Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says

Stablecoins could "threaten financial security" if widely adopted, the ECB head said in a magazine interview.

Nov 13 2020

Christine Lagarde Feels ECB Will Launch a Digital Euro

The ECB President said that the bank will issue a digital euro in the next two to four years.

CBDCs: ECB and US Closer to Launching Digital Currencies

The European Central Bank (ECB) and the United States are seriously analyzing issuing central bank digital currencies (CBDCs). Two of the largest economies in the world are analyzing […]

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