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European Central Bank announces digital euro advisory group members
The group consists of 30 high-ranking financial professionals from organizations, including BBVA, CRIF and Stripe, among others.
ECB Appoints Advisory Group for Digital Euro Project
The European Central Bank (ECB) has appointed an advisory group for the digital euro project. Called the Digital Euro Market Advisory Group, it was founded with 30 members from business…
Italian Payments Giant Nexi Involved in Digital Euro Project
Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo…
ECB President Christine Lagarde Insists Cryptos Are Not Currencies, Calls Them Highly Speculative, Suspicious
The president of the European Central Bank (ECB), Christine Lagarde, says cryptos are not currencies, adding that they are “highly speculative, suspicious occasionally, and high intensity in terms of energy…
BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets
The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDCs) to compete with initiatives…
ECB Officially Starts to Investigate Digital Euro — Development Could Begin in 2 Years
The European Central Bank (ECB) says it is “starting to investigate” a digital euro by launching a two-year investigation. ECB President Christine Lagarde believes the ECB should be ready to…
Stablecoins are assets — not currencies, says ECB president
“Stablecoins are pretending to be a coin, but in fact it’s completely associated with an actual currency,” said Christine Lagarde.
ECB Vice President States Crypto Should Be Regulated Like Other Assets
European Central Bank (ECB) Vice President Luis De Guindos has stated he wants cryptocurrencies to be subject to the same rules that other assets are. The statements were offered in…
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