ECB Cites Sovereignty in Push for Digital Euro
Increasing geopolitical tensions are bolstering the case for a European digital payment system under local control, according to the ECB.The European Central Bank's planned central bank digital currency (CBDC) for the euro area.
ECB Cites Sovereignty in Push for Digital Euro
Increasing geopolitical tensions are bolstering the case for a European digital payment system under local control, according to the ECB.
ECB Warns Central Banks of Bitcoin Integration Risks
The European Central Bank will reassess its relationship with any national central bank that incorporates Bitcoin into its reserves. This was stated by ECB board member Piero Cipollone in an interview with Reuters. The institution will be compelled to evaluate the risks associated with REPO agreements and swap lines in such cases, the official explained. […]
EU regulators propose stronger privacy protections for the digital euro
EDPB and EDPS published joint recommendations for the digital euro, ensuring the 'highest standards of data protection and privacy'.
ECB to decide on digital euro launch by autumn
The European Central Bank (ECB) will decide on the creation of CBDC by the end of October, Christine Lagarde said.
European Commission proposes legal framework for a digital euro
The European Commission has proposed a legislative framework that would establish the legal basis for a potential ECB digital euro as a complement to cash.
European Commission to draft legal framework for the digital euro
The European Commission is set to prepare the legislative provisions for the digital euro in June 2023, said Fabio Panetta, a member of the ECB's Governing Council.
ECB official does not rule out scrapping the digital euro rollout
The European Parliament could thwart the ECB's issuance of a national digital currency. This was stated by Fabio Panetta, a member of the regulator's Executive Board, according to CoinDesk.
Digital euro used for ‘control’: pranksters impersonate ECB chief in Zelensky’s voice
A video circulating online shows the ECB President Christine Lagarde allegedly acknowledging that authorities intend to control transactions through the digital euro.
ECB chief: CBDC will bolster eurozone financial sovereignty
The digital euro will eliminate the risks of losing financial sovereignty in the euro area. This was stated by ECB President Christine Lagarde, The Block reports.
ECB chief promises swift digital euro legislation
The European Commission will soon present a legislative proposal for the digital euro, ECB president Christine Lagarde said, The Block reports.
Head of the Bank of Finland criticises cryptocurrencies
Crypto prices are inflated by “misconceptions about monetary policy” and conspiracy theories, while CBDCs are immune to volatility and can be trusted unconditionally. This was stated by the Governor of the Bank of Finland, Olli Rehn, according to CoinDesk.
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