The European Central Bank (ECB) is determining the maximum balance for Digital Euro wallets, and consultations involving retailers, consumers, and banks are being conducted to finalize this limit. The ECB…
Browsing: digital euro
The European Central Bank (ECB) has allocated $1.3 billion to contractors who can enable offline payments for the digital euro. Jonas Gross, chairman of the industry group the Digital Euro…
The Eurosystem trials for Digital Euro have commenced with calls for participants. As an alternative payment system, this directly competes with Bitcoin but at the moment, BTC price remains steady.…
The European Central Bank (ECB) is set to provide more details about its digital euro plans, cautioning against high initial expectations. The ECB plans a two-year investigative phase to determine…
German lawmaker Joana Cotar is making moves that will recognize Bitcoin as a legal tender in the country. She is advocating against the development of the Digital Euro due to…
The Institute of International Finance (IIF) criticizes the proposed legislation on the digital euro by the European Commission for lacking in six crucial aspects. The areas of concern include financial…
Membrane Finance collaborates with deltaDAO and Polygon Labs to make EUROe available to the Gaia-X community. The use of Polygon Supernets is meant to solve all challenges of scalability and…
The bank has partnered with the European Central Bank (ECB) to test the digital Euro. The bank has also issued euro bonds on the Ethereum blockchain. In an official statement…
The EU finance chief has announced the presentation of a digital euro bill in early 2023. The European central bank has supported the move citing heightened demand, reduced transaction times,…
Snowden refers to the Fed-backed CBDC as a “useful policy tool” to annihilate people’s savings. While Snowden remains critical of the CBDC or the Digital dollar, he is positive for…
Italian Payments giant NEXI is contributing to ECB’s design for the digital Euro. The digital euro development project is expected to take more than two years. Europe’s leading digital payments…
The Governing Council at ECB has approved the investigation phase of the digital euro. In an announcement, the ECB said that the investigation process will kick start in October and…