Cryptocoins News / The Cointelegraph - 2 years ago
The European Commission is calling for financial services specialists to weigh in on the potential rollout of a digital euro.In a Tuesday notice, the European Commission’s Directorate‑General for Financial Stability, Financial Services and Capital Ma...
Cryptocoins News / Blockchain - 2 years ago
Fabio Panetta, a member of the Executive Council of the European Central Bank (ECB), an acceptance of the digital euro in brick-and-mortar stores and online entities to help promote the use of the fiat digital euro.
A digital euro needs to allow e...
Cryptocoins News / The Cointelegraph - 2 years ago
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 physical stores could be a key feature.In a writte...
Bitcoin News / Bitcoin.com - 2 years ago
The president of the European Central Bank (ECB), Christine Lagarde, says that a digital euro will not replace cash but would complement it. “A digital euro would give you an additional choice about how to pay and make it easier to do so,...
Bitcoin News / Bitcoin.com - 2 years ago
The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis for the digital version of the common European fiat...
Cryptocoins News / The Cointelegraph - 2 years ago
The European Commission (EC) has announced that a bill for a digital euro will be proposed in 2023. As first reported by Politico, EC finance chief Mairead McGuinness officially disclosed the European Union’s formal consideration of digital euro legi...
Cryptocoins News / The Cointelegraph - 2 years ago
2021 was an eventful year for the German crypto industry. Cointelegraph takes a look at the most important developments of the past year in a review. An interesting...
Bitcoin News / Bitcoin.com - 2 years ago
A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that...
Bitcoin News / Bitcoin.com - 2 years ago
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European...
Cryptocoins News / The Cointelegraph - 2 years ago
The group consists of 30 high-ranking financial professionals from organizations, including BBVA, CRIF and Stripe, among others. The European Central Bank (ECB) has an...
Bitcoin News / Bitcoin.com - 2 years ago
The European Central Bank (ECB) has appointed an advisory group for the digital euro project. Called the Digital Euro Market Advisory Group, it was founded with 30 members from business backgrounds. The council will have a say in the design, distribu...
Bitcoin News / Bitcoin.com - 2 years ago
Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future...
Bitcoin News / Bitcoin.com - 2 years ago
The European Central Bank (ECB) says it is “starting to investigate” a digital euro by launching a two-year investigation. ECB President Christine Lagarde believes the ECB should be ready to respond to people’s demands fo...
Bitcoin News / Bitcoin.com - 2 years ago
A blockchain-based digital euro would be highly scalable allowing it to process an almost unlimited number of payments, the central bank of Estonia has concluded following a recent experiment. Central banks from several euro area countries and the EC...
Bitcoin News / Bitcoin.com - 2 years ago
Europe’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the design and purpose of the digital euro afte...
Bitcoin News / Bitcoin.com - 2 years ago
After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest...
Cryptocoins News / The Cointelegraph - 2 years ago
The underlying architecture of the digital euro will be designed to have a negligible environmental footprint compared to Bitcoin and other crypto-assets. The European...
Cryptocoins News / NewsBTC - 2 years ago
President of the European Central Bank Christine Lagarde took to Twitter earlier to announce that the European Central Bank has decided to move up the investigation phase for the euro digital currency. The tweet comes in response to a tweet from the...
Cryptocoins News / The Cointelegraph - 2 years ago
To become a global digital leader, Europe needs a diverse and competitive digital ecosystem. Europe knows it will have to embrace a digital euro soon. To become a glob...
Cryptocoins News / The Cointelegraph - 2 years ago
The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation team said. An executive at major...
Bitcoin News / Bitcoin.com - 2 years ago
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide advice on data protection matters surrounding the project. Meanwhile, an EC...
Cryptocoins News / The Cointelegraph - 2 years ago
Unlike private companies, the ECB has “no commercial interest” in monetizing users’ data, the ECB executive board member argued. European Central Bank (ECB) executive...
Bitcoin News / Bitcoin.com - 2 years ago
A group of Spanish deputies filed a proposal that seeks to accelerate the implementation of a digital euro. The proposal, presented on June 8, asks for the creation of a group to study the implementation of a digital currency in the Eurozone. This st...