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Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations

Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global RegulationsComparing 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.S., the ECB official called for a global regulatory clampdown on cryptocurrencies and stepping up efforts to issue central bank digital […]

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European Inflation Skyrockets to Record 7.5% — ECB Chief Lagarde Expects Energy Prices to ‘Stay Higher for Longer’

European Inflation Skyrockets to Record 7.5% —  ECB Chief Lagarde Expects Energy Prices to ‘Stay Higher for Longer’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 state economies, and ​​European Central Bank president Christine Lagarde expects energy prices to “stay higher for longer.” Eurozone Inflation Continues to Climb, […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive

European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year

European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next YearThe 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. A draft is expected in 2023. EU Finance Chief Announces Legislative Plan for […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive

Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates

Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest RatesThe European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason to Adjust Interest Rates Despite Eurozone Inflation Reaching 5% […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive

ECB Paper Marks Success Factors for CBDCs, Digital Euro

ECB Paper Marks Success Factors for CBDCs, Digital EuroA 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 such projects entail, like the danger of crowding out the private sector. ECB: Digital Euro Should Be Widely Used […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive

Eurosystem Approves New Oversight Framework Concerning Crypto Services

Eurosystem Approves New Oversight Framework Concerning Crypto ServicesThe monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will complement upcoming EU regulations for cryptocurrencies and stablecoins. ECB Aims for Secure and Efficient Digital Payments Through Improved Oversight Following public consultations on the matter, […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive

Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says

Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta SaysThe 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 Central Bank. Panetta stressed that both this paradox as well as the need […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive

Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says

Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official SaysEurope’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 after a decade-long delay, if cryptocurrency is taken as a benchmark. Digital Euro to ‘Feel Like a Prepaid […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive

Digital Euro Project Gets Going as ECB Launches Investigation Phase

Digital Euro Project Gets Going as ECB Launches Investigation PhaseAfter 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 form of money” at a “negligible” cost to the environment, in comparison with bitcoin. Eurosystem Initiates Digital Euro Project The […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive

Bank of France, Swiss Crypto Bank Test Securities Settlement Using CBDC

Bank of France, Swiss Crypto Bank Test Securities Settlement Using CBDCThe Bank of France has successfully completed an experiment involving the use of CBDC to settle listed securities. The test has been carried out with the help of an alliance of partners led by SEBA Bank, a digital asset banking provider based in the Swiss crypto valley. Central Bank and Crypto Company Conduct Successful CBDC […]

Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive