2023-9-5 23:57 |
Private payment services can gain a monopoly over services with no benefit to other market players or economic stability, ECB board member Fabio Panetta said.
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In July 2021, the European Central Bank (ECB) launched the digital euro project investigation phase. This phase, which is expected to run until October 2023, aims to identify the optimal design of a digital euro and to analyse how financial intermediaries could provide front-end services that build on a digital euro. Whilst providing an update […]
2022-10-21 21:03 | |
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The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future.
2022-6-29 16:08 | |
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Up to five banks or other payment services providers will be selected to participate without compensation in the development of the digital euro front end.
2022-4-30 23:30 | |
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Malta's Crypto Island, was recently called out by European authorities. Andrea Enria, the European Central Bank’s (ECB) chair of the supervisory board, recently asked the local authorities to monitor the growth of the local crypto industry.
2019-10-4 23:43 | |
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By CCN Markets: The Dow and broader U. S. stock market opened sharply higher on Tuesday after European Central Bank (ECB) officials signaled that a new round of stimulus was on the horizon. Dow Surges After Open All of Wall Street’s major indexes opened higher on Tuesday, reflecting a strong pre-market fro Dow futures.
2019-6-18 17:00 | |
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"Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment," two ECB officials wrote in a blog post.
European Central Bank chief Christine Lagarde reportedly said her son ignored warnings against crypto investments and lost “about 60%” of his money.
The European Central Bank emphasizes that the digital euro will modernize and future-proof the pan-European financial ecosystem.
The central banker said she wanted to address “conspiracy theories” about government snooping
According to Fabio Panetta, crypto volatility and aspects of blockchain technology made digital assets only suitable for gambling.
A European Central Bank’s (ECB) executive board member, Fabio Panetta, set a deadline of three to four years for the launch of the digital euro on the bank’s 25th anniversary. Panetta told Les Echos in an interview that 50 people…