Gold Overtakes US Treasuries as Top Reserve Asset: ECB Data
Gold overtook U.S. Treasuries in global official reserves by market value, the ECB said. The move reflected a 60% gold rally and rising demand for reserve diversification. Gold’s Rise Puts…
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Gold overtook U.S. Treasuries in global official reserves by market value, the ECB said. The move reflected a 60% gold rally and rising demand for reserve diversification. Gold’s Rise Puts…
European Central Bank (ECB) President Christine Lagarde rejected calls for Europe to promote euro-denominated stablecoins this week, warning that the risks to financial stability and monetary policy outweigh any benefits.…
It was a highly anticipated week for several economic events in the US and abroad, including the third FOMC meeting of the year, March PCE inflation data, and earnings reports…
The European Central Bank (ECB) established several agreements with Europe’s largest standards setters, including the ECPC, Nexo Standards, and the Berlin Group, to facilitate the use of the digital euro…
A new European Central Bank (ECB) working paper finds that governance over major decentralized finance protocols is controlled by a narrow group of token holders, delegates, and centralized exchanges, raising…
The Eurosystem is launching the Pontes settlement anchor and the Appia roadmap to unify fragmented tokenized capital markets across Europe. Executive Board Member Piero Cipollone of the European Central Bank…
The European Central Bank is advancing its digital euro initiative by forming two specialized workstreams, G5 and B1. The ECB is encouraging collaboration with private-sector experts to create an attractive…
Central banks in the US, UK, and the European Union are getting ready to announce their interest rate decisions, with markets expecting that there won’t be any changes across the…
The ECB updates the Eurosystem repo facility for central banks (EUREP) to provide standing access against euro collateral, extending reach and flexibility. This lets foreign central banks more easily obtain…
The EU Council has agreed its negotiating stance on introducing a digital euro and reinforcing the legal tender status of cash. The Council of the European Union announced its position…