The EUR/GBP exchange rate is gearing up for a busy time ahead of the latest UK budget and European Central Bank (ECB) decision. It has bounced back from this week’s low of 0.8778 to a high of 0.8835 a...
Tag: ECB
3 things to look for at Thursday’s ECB meeting
The European Central Bank (ECB) meeting is due in two days, and the Governing Council faces a daunting task. Events in the US banking system, where two regional banks collapsed, will affect the ECB’s ...
A Coinbase exec tried to tell a crowd of bankers that crypto is ‘the money of tomorrow’—and was immediately shot down by an ECB director onstage
The world according to Coinbase frames cryptocurrency in an unsurprisingly optimistic light: It’s the “money of tomorrow,” a form of payment that is more efficient, transparent, and fair. The problem ...
Inverted H&S forms amid ECB and BoE divergence
The EUR/GBP exchange rate pulled back slightly as forex traders assessed the outcomes of the upcoming European Central Bank (ECB) and Bank of England (BOE) actions. It retreated to a low of 0.8888, wh...
Euro zone prices dip to 8.5% as ECB flags rate hiking not over.
All eyes on the latest inflation numbers out of the euro zone as market players consider what the ECB will do next. Bloomberg | Bloomberg | Getty Images Inflation in the euro zone eased slightly in th...
ECB Says Digital Euro Should Focus on Online Payments First & Onboard Other DeFi Functionality Later
Although yet to decide on a digital euro, the ECB already believes the CBDC should prioritize online payments and peer-to-peer transactions. According to the European Central Bank (ECB), the upcoming ...
ECB plans prioritizing P2P and online payments in digital euro rollout
The European Central Bank (ECB) has recently declared that its digital euro enrollment should prioritize e-commerce and person-to-person payments, with remaining use cases to follow in the second phas...
ECB Advises Banks Comply With Conservative Cap on Bitcoin Exposure
The European Central Bank (ECB) expects EU banks to introduce limits on their crypto holdings even before the Basel Committee on Banking Supervision’s (BCBS) global standards come into force in 2025. ...
ECB Tells EU Banks to Adopt New Risk Policy for Crypto
The European Central Bank has told EU banks with crypto exposure to hold capital reserves according to crypto’s risk rating before crypto-related bills become law. Banks Must Adhere to Draft Standards...
ECB Hikes Policy Rate by 50 bps; Signals End of Hawkish Stance
The European Central Bank (ECB) recently brought an end to its long-running series of interest rate hikes, marking a new chapter for the eurozone economy. The ECB’s actions play a crucial ...
ECB Rates Interest Rate by 0.5% in Contrast to Fed’s 0.25% Hike
3 hours ago | 2 mins read Bitcoin News This was done because of expectations that inflation would remain high. The ECB has signaled raising interest rates by another half percentage point in March. Th...
Bitcoin Price Holds $24K As Traders Awaits BOE, ECB, And “Golden Cross”
Bitcoin price continued its upward trajectory after the U.S. Federal Reserve slows the rate hike to 25 bps and Chair Jerome Powell agrees to cooling inflation, but still early to pivot. The BTC price ...
EUR/GBP exchange rate outlook ahead of ECB, BoE decisions
The EUR/GBP exchange rate had a strong performance in January as hopes of a BoE and ECB pivot. It jumped to a high of 0.8894, the highest point since September 9, 2022. Data compiled by TradingView sh...
A preview of the ECB monetary policy decision: what to expect?
The European Central Bank (ECB) will announce its monetary policy decision on Thursday. It is the first time the ECB meets in 2023, and the market expects a 50bp rate hike. It will bring the main refi...
It Won’t Take Much for the ECB to Crush Rate-Cut Bets Next Week
(Bloomberg) — Most Read from Bloomberg The stage is set for a clash between traders betting on interest-rate cuts and Christine Lagarde, who’s ready — once again — to hammer home the need to sta...
ECB Says Digital Euro Will Be Free, Outlines More Plans
The ECB believes that the digital euro answers the increasing preference for digital payment. Speaking to a European Parliament committee on the 23rd of January, an executive board member of the Europ...
ECB To Put Digital Euro Decisions In The Hands Of Lawmakers
Join Our Telegram channel to stay up to date on breaking news coverage The amount of private information that the European National Bank would have direct access to if it implemented a digital euro wi...
ECB executive board member outlines plans for digital euro to European Parliament
The digital euro, should it come into existence, will preserve the role of the central bank by extending payment options beyond those offered by cash, European Central Bank (ECB) executive board membe...
ECB says it will leave digital euro privacy decisions to EU lawmakers
Lawmakers — and not the European Central Bank — will need to decide how much personal information the bank will have access to if it adopts a digital euro. But the ECB’s leadership isn...
Trading in unbacked digital assets should be treated as gambling: ECB Executive board member
High leverage, interconnectedness and the lack of a governance structure triggered the ‘chain’ of bankruptcies in 2022. The board member believes the world lost faith in crypto in 2022. Crypto has “fu...
ECB Official Pushes for CBDC Development Citing Betterment for Consumers
The ECB executive called the European Union’s Markets in Crypto Assets (MiCA) an important step. Fabio Panetta, the executive board member of the European Central Bank (ECB), recently published a push...
ECB Officials Want To Monitor Crypto Under Gambling Laws
In an official blog post, the European Central Bank (ECB) has urged that cryptocurrency users should be given protection under online gambling laws. The crypto crash of 2022 has been devastating for t...
Eurozone inflation beats expectations, what will ECB do?
I wrote on Wednesday about how optimism had jumped in the wake of softer-than-expected inflation numbers out of France. Markets moved upward as investors turned their eyes towards today, when the all-...
ECB Official Says Crypto Must Fall Under Online Gambling Laws
European Central Bank (ECB) executive Fabio Panetta says the bank should regulate crypto assets under online gambling laws. He believes crypto is fundamentally speculative and should be treated as suc...
ECB Board Member Urges Regulators To Treat Crypto Like Gambling Activities
– Advertisement – Crypto community members are not pleased with the latest blog post from the ECB. Crypto community members yesterday and today took to Twitter to express their views on a ...
ECB calls for crypto regulation, expedited CBDCs deployment
European Central Bank (ECB) Executive Board member Fabio Panetta published a post in the ECB blog emphasizing the need for regulations in the crypto industry. “We can’t afford to leave cryptos unregul...
Trading in cryptocurrencies is gambling says ECB board member
A blog post by Fabio Panneta of the ECB gave the view that trading in cryptocurrencies was akin to gambling, and should be treated as such by regulators. According to Panneta, the recent collapse of t...
ECB executive wants crypto regulated like gambling due to ‘speculative nature’
Following the crypto sector crash of 2022, a European Central Bank (ECB) executive board member has called for increased oversight of the sector In particular, the executive, Fabio Panetta, stated tha...
Crypto should be treated as gambling, ECB board member says
European Central Bank (ECB) board member Fabio Panetta believes regulators should treat trading in unbacked crypto assets like gambling. The ‘Buyer beware’ principle doesn’t apply in the crypto world ...
ECB to Decide Whether to Issue Digital Euro in 2023 – Finance Bitcoin News
The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year with the regulator plan...
Kazakhstan and the ECB: crypto news for the CBDCs
All the latest crypto news concerning CBDCs: Central Bank Digital Currencies, digital currencies issued by a central bank instead of a commercial bank. Apparently, there are two opposing sides. On on...