Digital Euro Association Partners With HBAR Foundation to Boost Understanding of CBDCs and Stablecoins

February 28, 2024 Bitcoin.com

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The Digital Euro Association (DEA) has entered into a partnership with the HBAR Foundation. This collaboration aims to bolster its comprehension of central bank digital currencies (CBDCs) and stablecoins. Although this partnership marks a significant milestone in the digital currency landscape it nevertheless does not amount to an endorsement of any ideologies or products. Enhancing […]

Stripe bringing back crypto payments, this time with a stablecoin

Christine Lagarde Says New Digital Euro Will Meet ‘Highest Privacy Standards’ Project Moves Into Next Phase

October 18, 2023 The Daily Hodl

Christine Lagarde

European Central Bank (ECB) President Christine Lagarde says that the digital euro currently being worked on by the EU will adhere to strict privacy rules. In an announcement from the ECB, the central bank says that it’s moving into the “preparation phase” of its digital euro project following a decision from its Governing Council. The […]

The post Christine Lagarde Says New Digital Euro Will Meet ‘Highest Privacy Standards’ Project Moves Into Next Phase appeared first on The Daily Hodl.

Stripe bringing back crypto payments, this time with a stablecoin

Digital Euro System Now Underway in Europe, EU Commission Says It ‘Won’t Replace Cash’

June 28, 2023 The Daily Hodl

CBDC

The European Commission has proposed a legislative plan for the launch of a new digital euro payments system, one that it says will not replace the use of physical cash. In a new announcement, the Commission says that it acknowledges that the use of physical cash is still preferred by the majority of Europeans, but […]

The post Digital Euro System Now Underway in Europe, EU Commission Says It ‘Won’t Replace Cash’ appeared first on The Daily Hodl.

Stripe bringing back crypto payments, this time with a stablecoin

ECB’s Panetta Reinforces Digital Euro Focus on Payments

April 26, 2023 Bitcoin.com

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Fabio Panetta, a member of the executive board of the European Central Bank (ECB), announced the digital euro project was entering its final phase. Before the committee on economic and monetary affairs of the European Parliament, Panetta stated that the digital euro, if approved, would be focused on making payments easier for Europeans. ECB’s Panetta […]

Stripe bringing back crypto payments, this time with a stablecoin

Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple

April 13, 2023 Bitcoin.com

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Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency. Monetary Authority of Montenegro to Cooperate With Ripple on ‘National Stablecoin’ Project […]

Stripe bringing back crypto payments, this time with a stablecoin

Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says

March 25, 2023 Bitcoin.com

Apps

The digital euro has an important role in preserving the payment autonomy of Europe, the head of the eurozone’s monetary authority emphasized. The new currency, which is still under development, is meant to be sovereign and safe, cheap and widely available, Christine Lagarde assured during a discussion devoted to central bank digital currencies. Payment Cards […]

Stripe bringing back crypto payments, this time with a stablecoin

Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain

February 16, 2023 Bitcoin.com

Banks

German conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in euros. In an announcement, the corporation highlighted the benefits of using blockchain, including the opportunity for direct sale to investors. Digital Bond Issued Under Germany’s Electronic Securities Act The largest industrial manufacturer in Europe, Siemens, announced it has become one […]

Stripe bringing back crypto payments, this time with a stablecoin

Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program

January 23, 2023 Bitcoin.com

Alex Saiz Verdaguer

The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat deposits in order to experiment with these in payment applications, increasing their transparency. Bank of […]

Stripe bringing back crypto payments, this time with a stablecoin

Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy

January 19, 2023 Bitcoin.com

bitcoin.com

The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the new currency will be “preserving privacy by default and by design.” Eurogroup to Remain Involved in […]

Stripe bringing back crypto payments, this time with a stablecoin

ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’

January 6, 2023 Bitcoin.com

bitcoin.com

Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regulated. In an opinion piece, Panetta states that while cryptocurrency regulation is a good answer to the problem, it must also touch on decentralized finance structures. […]

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