The euro went parabolic on Tuesday after the relatively hawkish statement by the Dutch central bank president. The EUR/USD pair rose to a high of 1.0545, which was the highest level since May 11th. It...
Tag: ECB
European Union Could Start Testing a CBDC in 2023, ECB Executive Says
With the crash of TerraUSD —the largest algorithmic stablecoin in the ecosystem— and the de-pegging of other stablecoins like Stasis, DEI (not to be confused with DAI and even Tether), financial insti...
Digital euro could come as soon as 2026 — ECB official
Fabio Panetta, an executive board member of the European Central Bank, or ECB, has said that a digital euro could come within four years, potentially designed with a person-to-person payment solution....
ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’
The European Central Bank (ECB) continues pushing its central bank digital currency (CBDC) project despite Europeans apparently not feeling too positive about a digital euro. The ECB released another ...
Digital Euro: The ECB seeks to remove the anonymity of the transactions with the virtual currency
Recently the European Central Bank, ECB, showed a report based on the operations of the Digital Euro project developed for 2020. According to the European bank, the digital token anonymity must be ana...
ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals – Finance Bitcoin News
The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has indicated. In the doc...
Cryptos Seem To Be Definitely To Be Used To Avoid Russian Punishments As Per ECB Chief
They are undoubtedly being used to try to get around the sanctions imposed on Russia by a number of countries across the world. Obviously, a certain number of players, whether individuals or corporati...
Eurosystem Along With ECB Soon To Begin Prototyping of Digital Euro
Bitcoin News Digital euro will be launched as a retail CBDC. Prototyping will start in August and will last until Q1 2023, said Eurosystem. Central Bank Digital Currencies (CBDCs) are digitised form...
ECB, Eurosystem begins experimental prototyping of digital euro customer interface
Progress will continue on the development of the digital euro as the European Central Bank (ECB) and Eurosystem have begun looking for companies to participate in an exercise to prototype customer-fac...
ECB And Eurosystem Set Off Experimenting With Prototype Of Digital Euro Project
The ECB and Eurosystem continue to take a move towards the development of the digital Euro. Around five banks or other payment service providers would be chosen to participate in its development fron...
Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations – Regulation Bitcoin News
Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of risk-taking.” Speaking in the U....
Irish MEP echos concerns from ECB Member on “wild west” crypto finance
Sinn Féin MEP Chris MacManus has supported statements from a member of the executive board of the ECB stating that crypto must act as a wake-up call for regulators. The member of the Irish republican ...
Bitcoin price forecast after an aggressive anti-crypto speech delivered by the ECB
The crypto community must have been astonished by ECB’s Executive Board Member Fabio Panetta’s speech at Columbia University in New York. Called “For a few cryptos more: the Wild West of crypto financ...
ECB board member calls for tougher, coordinated global regulation for crypto
A board member of the European Central Bank is advocating crypto regulation be aligned across the world to mitigate a potentially massive collapse. Executive Board Member Fabio Panetta addressed Col...
ECB Member Pushes For Stricter Global Regulations on Cryptocurrencies
On April 25, Fabio Panetta, a member of the Executive Board of the European Central Bank (ECB), pushed for stricter regulations on cryptocurrencies to avoid any kind of “instability and insecurity” on...
ECB Official Advocates Global Regulatory Approach on Digital Currencies
Fabio Panetta, a board member at the European Central Bank (ECB), does not want global regulators to permit the proliferation of digital currencies and their associated risks without curbing them. Spe...
ECB needs ‘globally coordinated regulatory action’ on crypto, says official
European Central Bank executive board member Fabio Panetta said lawmakers across the world must decide how to regulate cryptocurrencies based on potential risks. In a written statement for a speech to...
Will The Fed Cause A Recession?
WASHINGTON, DC – NOVEMBER 30: Federal Reserve Board Chairman Jerome Powell testifies during a … [+] hearing before Senate Banking, Housing and Urban Affairs Committee on Capitol Hill Novem...
ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’ – Economics Bitcoin News
After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purch...
more downside after the ECB decision?
The EUR/USD price retreated on Thursday even after the European Central Bank (ECB) delivered a relatively hawkish interest rate decision. The pair dropped to a low of 1.0760, which was the lowest poin...
Euro drops sharply as Lagarde says the ECB is not where the Fed is
Today’s European Central Bank (ECB) meeting was long-awaited by euro traders looking for clues as to where the monetary policy in the euro area will go next. The ECB faces a tough choice, and it is in...
EUR/USD forecast ahead of the ECB interest rate decision
The EUR/USD pair is in the spotlight ahead of the latest US retail sales data and the interest rate decision by the European Central Bank (ECB). It is trading at 1.0882, which is slightly above the lo...
CBDCs Issuance Likely To Become A Necessity Says ECB Executive Board Member
On Friday, Fabio Panetta, executive board member of the European Central Bank, provided a brief on the ongoing research on a retail central bank digital currency during his talk at the IESE Business S...
ECB executive board member talks about current state of digital euro CBDC research
European Central Bank executive board member Fabio Panetta provided an overview of the central bank’s current research on a retail central bank digital currency Friday when he spoke at the IESE Busine...
E.U. Makes Sudden Move Against Crypto ‘Threat’ After The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana And Luna Make Huge Gains
The European Union (E.U.) has banned the provision of high-value cryptocurrency services to Russia as part of the latest sanctions salvo in response to the invasion of Ukraine. Subscribe now to Forbes...
ECB Chief Lagarde Anticipates Fuel Costs Will Continue Higher For Extended As European Prices Soars To The A New Peak Of 7.5 Percent
The European Central Bank’s (ECB) inflation objective is 2%, similar to the US Federal Reserve, and inflation in food prices, services, energy, and durable goods has grown significantly beyond the tar...
European Inflation Skyrockets to Record 7.5% — ECB Chief Lagarde Expects Energy Prices to ‘Stay Higher for Longer’ – Economics Bitcoin News
While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member sta...
ECB Executive Member Reveals Initial Findings Of Focus Group On A Digital Euro ⋆ ZyCrypto
Advertisement     Fabio Panetta reveals that the EU needs to prioritize the acceptance of a digital euro in physical stores. He says the group aims to maintain high pr...
ECB Officials Urges to Accept Digital Euro in Brick-and-Mortar Stores
Fabio Panetta, a member of the Executive Council of the European Central Bank (ECB), suggested an acceptance of the digital euro in brick-and-mortar stores and online entities to help promote the use ...
ECB official suggests importance of physical stores accepting digital euro
Fabio Panetta, an executive board member of the European Central Bank, said focus groups exploring the potential rollout of a digital euro hinted the ability to use the digital currency at online and ...
ECB executive propose acceptance of CBDC in physical stores
TL; DR Breakdown ECB executive suggests the availability of CBDC at offline stores The executive pinpoints demand as an adoption driver ECB will design CBDC to meet specific requirements In the last f...