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ECB President Touts Digital Euro, Bashes Bitcoin, Stablecoins
30.11.2020
Christine Lagarde. Source: A screenshot, Instagram/europeancentralbank
As the European Central Bank (ECB) is intensifying its efforts to roll out a digital euro, Christine Lagarde, President of the ECB, is also mounting attacks on bitcoin (BTC), among other cryptoassets and stablecoins.
In...
ECB Exec: Sovereign Money Needs To Be Reinvented
27.11.2020
Fabio Panetta. Speech by Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB), at the Deutsche Bundesbank conference on the "Future of Payments in Europe." Frankfurt am Main, 27 November 2020.
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Retail payments play a fundamental role in our daily lives...
Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’
24.11.2020
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules do not apply to the ECB primarily because...
ECB Suggests that Losing CBDC Race Could Have ‘Spillover’ Consequences
20.11.2020
The race to become the first major global economy to issue a central bank digital currency (CBDC) has just intensified – with the European Central Bank (ECB) seemingly admitting that when it comes to CBDC launches, it may pay to be first.
These were the findings of a new paper authored by Massimo...
Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
14.11.2020
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency...
Blockchain Bites: Bankrupted Cred’s Missing Millions, Bitcoin Miners’ Quarterly Losses and More
13.11.2020
The top stories in bitcoin, crypto and more – all in one place
EU will decide on digital euro in January 2021: ECB president
12.11.2020
“At that point in time we will make the decision as to whether or not we go forward with the digital euro.”
ECB’s Lagarde Has ‘Hunch’ Digital Euro Will Launch in 2-4 Years
12.11.2020
ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance
ECB Begins Public Survey About a Digital Euro, Implying a Broad Retail Offering Is Now on the Table
1.11.2020
The survey indicates a much more profound change in the way finance works is being contemplated
Bitcoin price spikes 5% to $13.5K shortly after ECB stimulus announcement
29.10.2020
Bitcoin price rallied from $12,920 to $13,600 in the hours following the European Central Bank (ECB) statement and optimistic job data from the U.S
First Mover: Bitcoin Falls as Covid Surges, ECB’s Lagarde Steps Up, US GDP Hits 33%
29.10.2020
The enthusiasm jolt from bitcoin's ascent toward $14K ran into realism, and options traders see low probabilities of a new price record this year
ECB Executive Board Member on European Payments in the Digital Age
24.10.2020
Speech by Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB), at the ECB Conference "A new horizon for pan-European payments and digital euro." Frankfurt am Main, 22 October 2020.
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Key points:
An uncontrolled change in the payments landscape...
Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16
16.10.2020
Talk of CBDCs and Facebook's Libra headlined this week's policy news, as international organizations weigh in on both
European Central Bank seeks public input on digital euro
13.10.2020
A digital euro would not replace cash, but complement it, says the European Central Bank
ECB to consider further digital euro study in 2021
4.10.2020
The report is only the start of the discussion and raises more questions before officially studying the digital euro
ECB Sends Another Confirmation of A ‘Global Currency War’
2.10.2020
While China has already confirmed that its digital yuan aims to break “dollar dominance,” the Eurozone to start experimenting with a central bank digital currency (CBDC) this month in order to protect the Eurozone from other public or private digital currencies.
The European Central Bank (ECB)...
Digital Euro Will ‘Protect’ Eurozone from Foreign Issuers, Says ECB Exec
2.10.2020
An executive member at the European Central Bank says a digital euro could protect the Eurozone's monetary sovereignty from outside influence
European Central Bank Moves to Trademark ‘Digital Euro’
1.10.2020
Central bankers have laid a claim to the phrase "digital euro" before deciding whether to actually issue one
European central bank execs are wrong — Intentionally or unknowingly?
28.9.2020
Banking will not become decentralized, but with blockchain, it will become accountable for both banks and clients
Europe's central bank is concerned about possible runs on stablecoins
23.9.2020
Stablecoin runs could occur if users lose confidence in the issuer or its network