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‘Stack Sats’ Bitcoin Figure Tells Europe as ECB Prepares $1.5T Bailout
4.6.2020
As the European Central Bank doubles its emergency asset purchase program, Bitcoin seems an ever stronger fiat opt-out
First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K
3.6.2020
After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases
BitPay Onboards Client With 1M Customers, ECB Focuses On Retail CBDC + More News
12.5.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Crypto adoption news
Major crypto payment processor BitPay announced the first large international furniture brand to go live...
Main Barrier to CBDC Is Philosophy, Not Tech, Says European Central Bank Rep
11.5.2020
ECB executive board, Yves Mersch, believes that the main impediment for CBDC is philosophical rather than technological
Virtual Consensus 2020 Kicks Off with ECB Official Discussing CBDC
11.5.2020
Major crypto event, Consensus: Distributed, kicks off virtually, with ECB board member Yves Mersch discussing central bank digital currencies
‘Game-Changer’ Retail Digital Currency Now European Central Bank’s Focus, Board Member Says
11.5.2020
The European Central Bank is looking into what a retail central bank digital currency form of the euro might look like, executive member Yves Mersch said
European Central Bank Calls for Proactive Stablecoin Regulation
5.5.2020
The European Central Bank says global stablecoins require clear regulatory structure prior to approval
ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone
2.5.2020
The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. Unprecedented Economic...
'Market-led' Currencies Can Live Alongside Digital Euro - ECB Board Member
29.4.2020
Fabio Panetta. While global regulators are warning about the risks of cryptocurrencies and private money initiatives such as Facebook's Libra, a member of the Executive Board of the European Central Bank (ECB) made a somewhat surprising statement in support of "market-led initiatives."
In...
European Central Bank: Digital Euro Should Not Discourage Private Initiatives
28.4.2020
The European Central Bank believes that the digital euro is just one of many solutions to nationalize its payment systems
ECB Expects Worse Recession in Europe Than Global Economy
14.4.2020
The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained...
80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany
12.4.2020
Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares...
Q1 Crypto Trade Volume Jumps 61%, Bitcoin’s Price Performance Trumps Equity and Gold Markets
9.4.2020
For well over a month now, a great number of countries have been living under lockdowns and stay-at-home orders due to the coronavirus outbreak. Meanwhile, central banks like the Fed, Bank of England (BoE), and European Central Bank (ECB) have funneled trillions into the hands of private financial...
Blockchain Head at European Commission Explains Usefulness of DLT
3.4.2020
The European Commission sees some specific uses for blockchain technology in coordinating communication between member states, fostering crypto innovation
French Central Bank Puts Out Call for Digital Currency Experiments
30.3.2020
France's central bank is calling for digital currency proposals with an experiment that moves it to the front of Europe's CBDC debate
Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset
13.3.2020
‘What in the world is going on’ has now become a question of real pertinence, instead of just a cliché for common bewilderment. As COVID-19 panic grips the world, ripple effects are crashing markets and effectively canceling economies across the globe, scrawling the writing on...
$135B Injection from European Central Bank Dwarfs BTC Market Cap
12.3.2020
Following similar efforts from the U.S., the ECB plans to inject $25 billion more than Bitcoin’s entire market cap into finance
G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
24.2.2020
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. They were also...
Cryptocurrency News From Japan: Feb. 9 - Feb. 15 in Review
15.2.2020
This past week’s news from Japan included details on Bitpoint’s massive 2019 deficit, a Japanese politician’s Libra fears and more
German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic
8.2.2020
Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone...