ECB sees limited risks to financial stability from cryptocurrencies
The European Central Bank (ECB) in a new report described the risks to financial institutions from digital assets as 'limited'.European Central Bank
ECB sees limited risks to financial stability from cryptocurrencies
The European Central Bank (ECB) in a new report described the risks to financial institutions from digital assets as 'limited'.
ECB chief warns of money-laundering risks from cryptocurrencies
Some digital assets are predisposed to money-laundering risk, said Christine Lagarde, head of the European Central Bank (ECB) at the European University Institute summit [European University Institute].
ECB outlines timeline for digital euro launch
The European Central Bank (ECB) could issue a digital currency within four years if policymakers approve the project. This was stated by ECB President Christine Lagarde in an interview with Bloomberg.
ECB seeks veto power over the launch of stablecoins such as Diem
The European Central Bank (ECB) has proposed to lawmakers to extend its powers to block the launch of global stablecoins such as the Diem coin, developed with the participation of Facebook (formerly Libra). Reuters reports.
ECB proposes €3000 cap on digital euro holdings
The European Central Bank (ECB) will decide on issuing a digital euro by mid-year, with a maximum holding cap of around €3000. These expectations were shared by Governing Council member Fabio Panetta in an interview with Der Spiegel.
ECB: Privacy cited as the main characteristic of the digital euro by users
The European Central Bank (ECB) has completed public consultations on the digital euro. More than 8,000 people and organisations participated in the discussion, a record for such public consultations by the ECB, the regulator said.
ECB chief: Bitcoin is speculative and requires regulation
The head of the European Central Bank (ECB) Christine Lagarde called Bitcoin a speculative asset in need of regulation.
Regulation at Scale: What Changed for Bitcoin and Cryptocurrencies in 2020
In 2020, many countries advanced regulation of the cryptocurrency industry. The COVID-19 pandemic provided a powerful catalyst, as Bitcoin gained traction among institutional investors seeking regulatory clarity.
ECB stresses private-sector role in future digital payments system
The ECB's Governing Council said that stepping up work on issuing the digital euro does not imply an intention to displace the private sector in providing payment services.
ECB outlines when work on the digital euro will intensify
ECB will begin developing a plan for launching the digital euro in mid-2021, said Holger Neyhaus, head of the regulator's Market Innovations and Integration Division. Cointelegraph reports.
ECB chief sees stablecoins as a threat to financial stability
The spread of stablecoins poses risks to financial stability and monetary sovereignty, according to Christine Lagarde, the head of the European Central Bank (ECB). She presented her position in an article for L’ENA hors les murs.
ECB sees Libra launch as a threat to the future of fiat currencies
The European Central Bank warned that the appearance of the Libra stablecoin could put the fate of fiat currencies at stake. The regulator's response followed reports of Facebook's planned January 2021 launch of a digital currency, Finextra reports.We use cookies to improve the quality of our service.
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