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ECB expresses concerns over ‘interconnectedness’ of crypto with financial institutions
The European Central Bank warned in its latest Financial Stability Review that the growing adoption of crypto assets by banks and other financial institutions could affect the region’s financial stability. дальше »
2022-5-26 23:00 | |
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Crypto’s growing integration in the financial sector poses financial stability risks, ECB says
The European Central Bank (ECB), in its Decrypting financial stability risks in crypto-asset markets… The post Crypto’s growing integration in the financial sector poses financial stability risks, ECB says appeared first on Coin Journal. дальше »
2022-5-24 18:18 | |
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Crypto Assets Such As Bitcoin Have an Enormous Ecological Footprint, Asserts ECB’s Top Exec
The European Central bank has restated its disdain for Bitcoin and other proof-of-work mining consensus networks, insisting that the crypto mining sector needs to be urgently regulated. During a live Twitter Q&A session Friday, Frank Elderson, an executive board member at the ECB who is overseeing the advance of the digital Euro, claimed that Bitcoin’s […] дальше »
2022-5-10 23:48 | |
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Bitcoin price forecast after an aggressive anti-crypto speech delivered by the ECB
The crypto community must have been astonished by ECB’s Executive Board Member Fabio Panetta’s speech at Columbia University in New York. Called “For a few cryptos more: the Wild West of crypto finance,” the speech turns out to be one of the most aggressive any-crypto points of view expressed by a central banker to date. дальше »
2022-4-26 19:51 | |
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EU Citizens Strongly Oppose CBDCs, But What About Crypto?
Is crypto already putting down CBDCs? The European Central Bank (ECB) has been researching and discussing a CBDC project called the Digital Euro for a while. They launched a public consultation to understand common needs & expectations for a Digital Euro. дальше »
2022-4-20 07:49 | |
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Why ECB Thinks Quick Crypto Regulations Will Tie Down Putin
The European Central Bank president Christine Lagarde called for quick approval of crypto regulations as war and crypto become intertwined and moral quandaries appear. Authorities fear Russia could use digital assets to bypass the sanctions imposed upon them. дальше »
2022-2-26 02:59 | |
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ECB calls for faster adoption of crypto regulation in response to Russia's possible sanctions evasion
The Chairman of the European Central Bank, Christine Lagarde, sees cryptocurrencies as a tool for possible circumvention of sanctions, which Russia will be able to use if the EU does not speed up work on its cryptocurrency legislation. дальше »
2022-3-1 00:05 | |
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Euro Spikes Against The Dollar as Lagarde Hints at Tightening
The European Central Bank (ECB) has kept interest rates at zero but Christine Lagarde, ECB’s president, said there was “unanimous concern” among policy makers about inflation. “Compared with our expectations... дальше »
2022-2-3 18:19 | |
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CBDC: European Central Bank exec worries digital euro may hurt foreign currencies
Crypto investors know well by now that institutions like the European Central Bank [ECB] are suspicious of stablecoins and often warn of their risks. On 10 December, Fabio Panetta, an executive boaThe post CBDC: European Central Bank exec worries digital euro may hurt foreign currencies appeared first on AMBCrypto. дальше »
2021-12-11 02:30 | |
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ECB promotes digital euro, calms fears
In December, the European Central Bank published a paper demonstrating why it’s a mistake to assume CBDCs and fiat money are subject to the same conditions, CoinFi reported. The authors of the paper pointed out that it’s a bad time for fees, yet raised the issue of whether the CBDC would be sustainable without a […] The post ECB promotes digital euro, calms fears appeared first on Invezz. дальше »
2021-12-5 17:05 | |
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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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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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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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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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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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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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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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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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