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: ECB
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 European Central Bank is stepping up its effort to launch the much anticipated CBDC (digital Euro) as its necessity sparks massive debate. Josh Lipsky of the global CBDC tracker…
Bitcoin price is set for a major rebound this week amid important economic data set to be released. The digital currency is projected to touch $100K but what is the…
The ECB said that the latest consolidation in the Bitcoin price is the last gasp before its collapse. It added that Bitcoin failed to emerge as a means of payment…
European Central Bank president says Bitcoin is worth nothing. Many users will turn to privacy coins when CBDCs become mainstream. In a recent statement, Christine Lagarde (the head of the…
The ECB report claims that CBDCs could be the best solution for cross-border payments. The report also cited reasons Bitcoin or stablecoins aren’t suitable options for such payments. The European…
The ECB highlights how Bitcoin’s energy footprint could be a matter of concern and how they negate the greenhouse gas (GHG) emission savings by Eurozone countries. The ECB compares the…
ECB is reportedly planning to warn EU member states concerning overlapping of crypto regulations. EU officials are already preparing to implement the MiCA framework to govern virtual assets and crypto…
According to European Central Bank President Christine Lagarde, the crypto market is highly speculative and dangerous to people who do not know the risk involved. Last year, the deputy governor…
Crypto adoption has reached a point where governments are keen to avoid loss of control a Chainalysis report shows. ECB President Christine Lagarde noted that there is a sharp uptick…
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…
A board member of the European Central Bank believes that the digital euro can’t come soon enough, claiming it’s the only thing that can save Europe from Bitcoin. He described…
The president of the European Central Bank, Christine Lagarde, calls for the creation of global regulation for Bitcoin. Lagarde accuses BTC of enabling money laundering and illegal activities. The news…
The President of the European Central Bank (ECB) expects that the digital Euro will complement fiat money. The term stablecoin is inappropriate for the digital Euro, according to the ECB.…
The European Central Bank (ECB) states that it is possible to implement a payment system for CBDCs without violating users’ privacy. The system would be partially anonymous and would require…