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ECB sums up digital euro prototyping exercise as it nears possible pilot launch
26.5.2023
The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets
European bankers on digital euro: 'ECB has no interest in users’ personal data'
28.4.2023
While anonymity still stands as the core issue of European CBDC, the inevitable competition with private banks also raises questions
ECB Probes Decentralized Settlement for Wholesale Financial Markets
28.4.2023
Euro regulators are looking again at their centralized settlement systems in seeking to keep pace with digital innovation as they explore central bank digital currencies
Don’t Cap Digital Euro Holdings, European Parliament Study Says
26.4.2023
The paper turns on its head conventional wisdom that limits are needed to avoid supplanting the banking system
ECB’s Panetta Reinforces Digital Euro Focus on Payments
26.4.2023
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...
European Central Bank: Digital Euro to Offer 'Maximum Privacy,' Though Not as Much as Cash
25.4.2023
A new central bank digital currency (CBDC) in Europe would be designed with privacy in mind, although it would never be as private as cash is, according to a European Central Bank (ECB) official.
Speaking before the European Parliament’s Committee on Economic and Monetary Affairs on Monday,...
ECB considers digital euro access, distribution in third design progress report
24.4.2023
The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures
Lawmakers Could Still Nix Digital Euro, ECB’s Panetta Says
24.4.2023
The ECB wants the CBDC to be universally accepted, and usable by those without bank accounts, the central banker said
European Parliament report recommends researching, but not launching, digital euro
19.4.2023
A European economist has found that a digital euro would be a problem without a solution; just wait and see, he suggested
EU Lawmakers Skeptical on Digital Euro Plans
19.4.2023
Members of the European Parliament seem nonplussed as they are set to consider legislation for a central bank digital currency
Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple
13.4.2023
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...
European Banking Federation shares its vision of digital euro, wCBDC, bank tokens
28.3.2023
The EBF calls itself the voice of the European banking sector; it expressed its support for European digital money, with suggestions of its own
Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says
24.3.2023
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...
EU Merchants Could Be Required to Accept Digital Euro, Ministers Told
13.3.2023
Governments from the euro currency bloc are due to discuss strategic objectives for the CBDC later Monday
Digital Euro Should Prioritize Online, Peer-to-Peer Payments, ECB Says
24.2.2023
Transfers in stores and to governments could take longer, but basic personal CBDC use should be free, the central bank said
Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain
16.2.2023
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...
EU Plans Digital Euro Bill, Metaverse Policy for May, Commission Says
24.1.2023
The bill is set to underpin a putative new central bank digital currency , financial services commissioner Mairead McGuinness said
ECB executive board member outlines plans for digital euro to European Parliament
23.1.2023
ECB board member Fabio Panetta affirms the ECB’s digital euro privacy policy and says the digital currency will never be programmable, but it may have an app
Digital Euro Will Never Be Programmable, ECB’s Panetta Says
23.1.2023
Some observers have touted restrictions on how people can spend their money as an advantage of a central bank digital currency
Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program
23.1.2023
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...