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Economist Slams ECB Chief Lagarde’s Bitcoin Remarks as Dangerous for Cryptocurrency Regulation
20.1.2021
Responding to European Central Bank (ECB) President Christine Lagarde’s recent remarks about bitcoin, the chief economist at investment firm Tressis said what Lagarde implied was “outrageous” and “dangerous” for cryptocurrency regulation. Economist Says Governments...
ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Conducts ‘Funny Business’
14.1.2021
The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is a highly speculative asset and has “conducted some funny business.” Emphasizing the need for countries to work together to regulate bitcoin,...
IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
18.12.2020
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition...
First Mover: Bitcoin Stuck as ECB’s Lagarde Primes Extra €500B Stimulus
10.12.2020
The ECB's decision to expand an emergency bond-buying program by €500B may represent latest installment of years-long balance-sheet increase
ECB Boosts Emergency Bond-Buying Program By 37% to €1.85T Amid Pandemic Resurgence
10.12.2020
The ECB says the additional monetary policy actions were needed because of a resurgence in coronavirus cases
As Citizens Suffer Central Banks Flush Trading Houses With Trillions, Ease Corporate Strains
10.12.2020
Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the country’s largest stockholder and the European Central Bank...
ECB Chief Christine Lagarde Downplays Bitcoin’s Risks to Financial Stability, Troubled by Stablecoins
1.12.2020
ECB President Christine Lagarde downplays any risks bitcoin and other cryptocurrencies could pose to financial stability and monetary sovereignty. In contrast, she sees stablecoins, such as Facebook-backed libra, as posing “serious risks.” Christine Lagarde, Bitcoin,...
Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says
30.11.2020
Stablecoins could "threaten financial security" if widely adopted, the ECB head said in a magazine interview
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...
Bank of Spain to Weigh Digital Currency Design Proposals, ‘Implications’ Through 2021
16.10.2020
The "priority" research comes as Spain weighs a global pivot to digital economies
Digital Euro Within Decade ‘Very Likely,’ Says Finland’s Chief Central Banker
16.10.2020
Olli Rehn believes a digital euro "in one form or another" is all but inevitable
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
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
European central bank execs explain why CBDCs don’t need blockchain
21.9.2020
Before trying to apply blockchain to anything, think why
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
‘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...
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