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ECB exec wonders if enough people will use the digital Euro CBDC
According to Chainalysis's research report from September, the world's crypto-economy is based in Central, North, and West Europe. After all, this region recorded $1 trillion in crypto received over tThe post ECB exec wonders if enough people will use the digital Euro CBDC appeared first on AMBCrypto. дальше »
2021-11-7 19:00 | |
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Digital Euro Is Coming: ECB’s Panetta Argues In favor
The ECB weights in favor of incorporating a digital euro. The vision’s details were shared by Fabio Panetta, a member of the executive board of the European Central Bank (ECB). The possibility of a European CBDC for retail payments started being discussed at the beginning of the year by the central bank and was put […] дальше »
2021-11-7 04:39 | |
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European Central Bank (ECB) Forms 30 Member Advisory Group for Exploring A Digital Euro
Digital fiat, formally known as CBDCs, is picking up steam as more national banks pay attention to the digital revolution occurring in the financial sector. The latest body looking into CBDCs is the European Central Bank. дальше »
2021-10-29 22:39 | |
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Will Poland, Ukraine, Estonia lose patience with the ECB's Digital Euro investigation
Many countries have been feeling the heat of competition when it comes to developing their own central bank digital currencies. However, countries aren't alone in making these efforts. Europe's cenThe post Will Poland, Ukraine, Estonia lose patience with the ECB's Digital Euro investigation appeared first on AMBCrypto. дальше »
2021-9-30 13:30 | |
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ECB President Warns Against The Highly Speculative Nature Of Bitcoin, Ether, Cardano, Solana
Key Takeaways Christine Lagarde, ECB president warns against cryptocurrencies. The cryptocurrency market continues to blossom regardless of skeptical views. Long-term sentiments remain bullish. Amidst the massive growth and adoption that cryptocurrencies have seen this year, there are still skeptics who consider the asset class to be lacking in certain areas. Joining some other central bankers […] дальше »
2021-9-21 00:54 | |
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‘Cryptos are Not Currencies,’ Says ECB’s Lagarde
European Central Bank (ECB) President Christine Lagarde recently emphasized that cryptocurrencies are not actually currencies, but “highly speculative assets.” The post ‘Cryptos are Not Currencies,’ Says ECB’s Lagarde appeared first on BeInCrypto. дальше »
2021-9-20 18:30 | |
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ECB's Lagarde fires latest salvo with 'cryptos are not currencies, full stop'
Skepticism towards cryptocurrencies isn't new, especially from the likes of regulators and financial agencies. The ECB is no exception. In a recent interview with Bloomberg, President of the European The post ECB's Lagarde fires latest salvo with 'cryptos are not currencies, full stop' appeared first on AMBCrypto. дальше »
2021-9-18 00:30 | |
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ECB President Says, Cryptocurrencies Are Highly Speculative Assets That Claim Their Fame As Currency
Christine Lagarde says, “we have to stand ready” for CBDC, which will be available side by side with paper currencies while calling for stablecoins to be regulated. The post ECB President Says, Cryptocurrencies Are Highly Speculative Assets That Claim Their Fame As Currency first appeared on BitcoinExchangeGuide. дальше »
2021-9-16 18:31 | |
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Crypto Issuers Need Same Conditions as Other Asset Providers, Says ECB VP
European Central Bank (ECB) Vice President Luis de Guindos believes the same conditions should apply to cryptocurrency issuers as those required of other financial asset issuers. The post Crypto Issuers Need Same Conditions as Other Asset Providers, Says ECB VP appeared first on BeInCrypto. дальше »
2021-8-31 22:44 | |
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ECB Promises to Pump Money; IMF Praises Fed for Being ‘Highly Effective’ at Overshooting 2% Inflation
Amidst this, former BitMEX CEO talks about an investor’s ability to really outperform $4.72 trillion of money created out of thin air in 2021. The post ECB Promises to Pump Money; IMF Praises Fed for Being ‘Highly Effective’ at Overshooting 2% Inflation first appeared on BitcoinExchangeGuide. дальше »
2021-7-23 15:43 | |
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You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin
Federal Reserve Chairman Jerome Powell on Wednesday came out strongly supporting a digital dollar, saying it could undercut the need for cryptocurrencies and stablecoins. When asked during the congressional hearing if having a digital currency issued by the central bank would be a more viable alternative than cryptos in the payments system, Powell agreed and […] The post You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin first appeared on BitcoinExchangeGuide. дальше »
2021-7-15 16:35 | |
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Digital Euro Project Gets Going as ECB Launches Investigation Phase
After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at a “negligible” cost to the environment, in comparison with bitcoin. дальше »
2021-7-15 12:00 | |
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European Central Bank Kicks Off New Phase Of Digital Euro Project
The European Central Bank (ECB) is moving forward with its central bank digital currency (CBDC) plans. Today, the bank announced that its Governing Council had approved the investigation phase of the digital euro project. дальше »
2021-7-15 19:14 | |
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ECB’s Villeroy calls for quick action amid Digital Yuan development
The Bank of France governor Francois Villeroy de Galhau is the latest official to express… The post ECB’s Villeroy calls for quick action amid Digital Yuan development appeared first on Coin Journal. дальше »
2021-6-30 16:07 | |
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The Digital Euro Will Provide Users with Privacy and Data Protection Says ECB Executive
Over the past year, several concerns have arisen on how the European Central Bank proposes maintaining user’s privacy once the digital euro launches. In an interview with FT, Panetta stated the ECB would be the best institution to hold onto users’ private monetary data as it has no commercial interest in selling it. дальше »
2021-6-22 19:32 | |
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ECB Executive: Digital Euro Better at Consumer Privacy than Other Stablecoins
European Central Bank (ECB) executive, Fabio Panetta has argued that the creation of a digital euro would help the apex bank protect its monetary sovereignty against threats from competing cryptocurrencies, while also offering users better privacy protection, according to a Financial Times report on June 21, 2021. дальше »
2021-6-22 15:00 | |
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ECB Executive: Digital Euro Can Protect Privacy Better Than Private Alternatives
A member of the European Central Bank's (ECB) said in an interview that the digital euro is more capable of protecting privacy than private alternatives because it will not focus on the commercialization of data. дальше »
2021-6-21 09:34 | |
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Italian Prime Minister Mario Draghi Calls for More Stimulus and ‘Promptly’ for Pre-Pandemic Level Growth
ECB President Christine Lagarde agrees, she has said that it’s “too early” and “unnecessary” to discuss reducing stimulus. The post Italian Prime Minister Mario Draghi Calls for More Stimulus and ‘Promptly’ for Pre-Pandemic Level Growth first appeared on BitcoinExchangeGuide. дальше »
2021-6-19 20:33 | |
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Christine Lagarde Reaffirms ECB’s Crypto Policy as Bitcoin Becomes Legal Tender in El Salvador
The president of the European Central Bank (ECB), Christine Lagarde, has shared her view on El Salvador making bitcoin legal tender. She confirmed that the central bank’s policy on bitcoin and other cryptocurrencies has not changed. дальше »
2021-6-14 04:00 | |
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BIS Official Insists Bitcoin Fails Means of Payment Test, Calls El Salvador’s BTC Law ‘Interesting Experiment’
An official at the Bank for International Settlements (BIS) and former member of the executive board of the European Central Bank (ECB), Benoit Coeure, insists that bitcoin has not passed the test of being a means of payment. дальше »
2021-6-11 20:00 | |
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ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’
The digitization of traditional currencies like the euro has the potential to increase their international appeal, the European Central Bank says in a new report. A failure to offer a digital currency would endanger financial stability, ECB warns. дальше »
2021-6-4 02:00 | |
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ECB Warns of Stability Risks of Not Issuing A CBDC, It Matters for ‘International Currency Status’
“Issuing a CBDC would help to maintain the autonomy of domestic payment systems and the international use of a currency in a digital world,” says ECB’s report. The post ECB Warns of Stability Risks of Not Issuing A CBDC, It Matters for ‘International Currency Status’ first appeared on BitcoinExchangeGuide. дальше »
2021-6-3 19:24 | |
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European Central Bank (ECB) Vice President Shreds Cryptocurrencies Amid Market Crash
Crypto Has Weak Fundamentals Speaking in an interview with Bloomberg TV on Wednesday, Guindos said that this is primarily due to the novel industry's weak fundamentals. “When you have difficulties finding out what are the real fundamentals of an investment, then what you're doing is not a real investment. дальше »
2021-5-20 18:31 | |
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ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak Fundamentals
The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility. ” His comments followed massive sell-offs across a broad range of cryptocurrencies. дальше »
2021-5-20 03:30 | |
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ECB VP Continues to Doubt Validity of Cryptocurrency
European Central Bank’s vice president Luis de Guindos says crypto investments have "weak fundamentals" and are not real assets, as the market loses $750 billion. The post ECB VP Continues to Doubt Validity of Cryptocurrency appeared first on BeInCrypto. дальше »
2021-5-20 00:30 | |
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ECB Deepens Analysis of Digital Euro, Decision Expected by Mid-Year, VP Confirms
Faced with challenges on many fronts, the European Central Bank is now deepening the analysis of how to digitalize its currency. A decision on whether to issue a digital euro, which has the potential to become a major CBDC, is expected around mid-2021, a high-ranking official of the central bank has confirmed. Eurozone’s Central Bank […] дальше »
2021-5-5 16:30 | |
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The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates
The European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative interest rates, as the bank’s President stresses that they “support companies and people in the […] дальше »
2021-4-27 07:30 | |
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ECB Survey: 43% Of Respondents View Privacy As A Critical Ingredient For A Digital Euro
Weeks after European Central Bank (ECB) boss Christine Lagarde mentioned the bank's intentions to conduct a public forum; the ECB has released its findings. Privacy Is Uppermost On Europeans’ Minds The press release made on April 14 was able to highlight some of the key requirements of a central bank digital currency (CBDC). дальше »
2021-4-15 18:20 | |
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ECB Report: Public Prioritizes Privacy in Potential Digital Euro
According to a report published on April 14, privacy is the most important feature of a digital euro, especially for merchants and other companies. Both the public and professionals support requirements to prevent illegal activities, as less than 10% supported full anonymity. дальше »
2021-4-14 18:31 | |
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An ECB Board Member Attacks Bitcoin, Says It ‘Does Not Fulfill the Basic Properties of Money’
Isabel Schnabel, a board member with the European Central Bank (ECB), has attacked bitcoin claiming the crypto asset “does not fulfill the basic properties of money. ” She also describes bitcoin as a “speculative asset without any recognizable fundamental value and is subject to massive price swings. дальше »
2021-4-10 14:15 | |
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The European Union Could See A Digital Euro in 4 Years, or More: ECB President Christine Lagarde
The European Central Bank (ECB) could launch its planned digital Euro in the next four years, ECB President Christine Lagarde stated in an interview with Bloomberg on Wednesday. She believes the digital token research and development needs to take time to constitute a “fundamental change” across Europe’s economy. дальше »
2021-4-2 04:51 | |
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ECB: Digital Euro CBDC Launch Could Take Four Years
The ECB will be releasing the analysis it conducted after over 8,000 responses in a public consultation process on the matter. The decision on whether or not the bank will launch a CBDC could be made in the upcoming months. дальше »
2021-4-1 08:52 | |
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ECB Calls for Faster Money Printing; Americans to Start Receiving Stimulus Checks This Weekend
A “significant” bullish sign for risky assets, including Bitcoin, which is nearing its ATH yet again. The post ECB Calls for Faster Money Printing; Americans to Start Receiving Stimulus Checks This Weekend first appeared on BitcoinExchangeGuide. дальше »
2021-3-12 17:39 | |
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Banks Turn Away Customer Deposits due to Negative Interest Rates in Germany
Banks in Germany are reportedly turning customer deposits away due to the negative interest rate imposed on them by the European Central Bank (ECB). Some banks are even offering online tools to help customers take their deposits elsewhere. дальше »
2021-3-4 06:10 | |
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European Central Bank (ECB) Wants Full Control Of Stablecoin Issuance In Region
The European Central Bank (ECB) has requested EU lawmakers to confer bank control over the issuance of stablecoins within the region. Reuters reported today that the ECB, via a legal memo issued on February 19, requested exclusive rights to determine stablecoin future within its jurisdiction. дальше »
2021-2-25 18:00 | |
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European Central Bank (ECB) Demands Power to Shut Down Private Stablecoins, Like Diem, in the EU
The European Central Bank finally tables its official opinion regarding crypto regulations to the top decision-making again, European Commission. In their official opinion, the ECB now wants the EU members of parliament to grant its veto powers regarding the legal status of stablecoins such as Facebook-supported-Diem. дальше »
2021-2-23 21:11 | |
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