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Christine Lagarde invites public comments on eurozone CBDC
1.11.2020
Former IMF Chief and President of the European Central Bank solicited input on possible CBDC
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
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
Digital Euro Would Provide Alternative to Cryptos, ECB President Lagarde Says
22.9.2020
A digital euro for retail payments would "ensure that sovereign money remains at the core of European payment systems," according to Legarde
ECB President: Europe Has Fallen Behind in the Digital Payments Game
11.9.2020
European Central Bank President Christine Lagarde said a digital euro can place the region at the cutting edge of innovation but it may have fallen behind in the global competition for creating digital payment ecosystems
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...
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
13.3.2020
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal...
Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety
12.3.2020
Bitcoin suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies
As NY Fed Promises More Cash, What Will Christine Lagarde Do?
11.3.2020
Bitcoin prices slid for a fifth straight day, but the bigger news is what the NY Fed and Christine Lagarde's ECB do next
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...
ECB Keeps Subzero Interest Rates and Open-Ended QE Worth €20B a Month But Launches Policy Review
24.1.2020
The European Central Bank (ECB) has launched an extensive review that will examine a wide range of its policies by the end of this year. Under its new president, Christine Lagarde, the bank will try to establish why its monetary stimulus has failed to achieve the Eurozone’s goal of close...
Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal
24.1.2020
U.S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U.S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.” Trump took direct shots at the U.S. Federal Reserve, claiming...
6 Central Banks Form Digital Currency Use Case Working Group
21.1.2020
The working group will pool research into CBDCs
ECB Wants Active Role in Crypto, Will Not Deter Private Solutions
9.1.2020
The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should neither discourage nor crowd...
ECB’s Lagarde: We Want to Develop Digital Currencies but Won’t Discourage Private Initiatives
8.1.2020
Lagarde said the ECB will continue researching CBDCs and will not stand in the way of any private initiatives
Facebook’s Social Media Platforms May Give Libra Unfair Advantage, Says ECB’s Lagarde
20.12.2019
Facebook could leverage its social media platform to block out competitors, according to Christine Lagarde
European Central Bank’s CBDC Borrows Bitcoin’s Pseudo-Anonymity
20.12.2019
On December 17, the European Central Bank (ECB) published a report that showcased its blockchain technology proof-of-concept. One particular feature the central bank digital chain holds is the ability to issue “anonymity vouchers.” Also read: Lagarde Sees Demand for Stablecoins, Plans...
SEC to Boost Access to Crypto Investments With Proposed New Accredited Investor Definition
19.12.2019
The U.S. Securities and Exchange Commission (SEC) has proposed amending the definition of “accredited investor” — a move that will increase access to regulated cryptocurrency investments. A number of them are currently only available to accredited investors. Among other changes,...
Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy
16.12.2019
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other...
Why the ECB Is Getting in on the Stablecoin Game
13.12.2019
Discussing the ECB's recent comments on stable coins, the resurfacing of some prominent 2017 token projects, and a debate: is crypto for criminals?