ECB outlines timeline for digital euro issuance
The European Central Bank (ECB) could issue CBDC by 2026, said ECB Executive Board member Fabio Panetta.The European Central Bank's planned central bank digital currency (CBDC) for the euro area.
ECB outlines timeline for digital euro issuance
The European Central Bank (ECB) could issue CBDC by 2026, said ECB Executive Board member Fabio Panetta.
ECB deems anonymity of digital-euro holders undesirable.
User anonymity is not a desirable feature of the design of the digital euro, according to a presentation by the ECB, Patrick Hansen of Unstoppable Finance said.
European Commission Receives 10,000 Public Comments on Digital Euro
The European Commission received about 10,000 public comments on the digital euro. Information about the poll is posted on the Commission's website.
ECB officials warn of the negative impact of the digital euro on foreign currencies
The digital euro could undermine financial stability in non-EU countries with weak economies, displacing their national currencies. This was stated by Fabio Panetta, a member of the European Central Bank's Governing Council.
ECB selects 30 members for advisory group on the digital euro
The European Central Bank (ECB) has formed an advisory group on potential development and rollout of CBDC.
ECB clears the way for the research phase of the digital euro
The Governing Council of the European Central Bank (ECB) has decided to start the research phase for the national digital currency (CBDC).
Spain proposes a national digital currency as an alternative to the euro
The Spanish Socialist Workers' Party (PSOE) proposed considering issuing a national digital currency in response to the decline in cash usage in the country. This was reported by El Economista.
BBVA questions demand for the digital euro
ECB should rely on cooperation with commercial banks in issuing the digital euro, according to Pablo Urbiola, head of BBVA's digital regulation and trends division.We use cookies to improve the quality of our service.
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