Future of DAOs limited by lack of regulatory framework: ECB Occasional Paper
Uncertain regulatory conditions continue to have a negative impact on the sustainable growth of the DAO ecosystem, revealed a new European Central Bank occasional paper.
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European Central Bank Blasts PayPal in Push for its Own CBDC
On Sept. 4, Fabio Panetta, ECB Executive Board member at the Committee on Economic and Monetary Affairs of the European Parliament, said the central bank was nearing the end of…
Digital euro can ward off a host of private payment service ills: ECB official
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.
Spanish central bank official talks about private payment services in era of digital euro
Banco de España deputy governor Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial services providers.
ECB official labels crypto as ‘deleterious’ with ‘no societal benefits’ in scathing speech
According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling.
Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says
François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages.
ECB sums up digital euro prototyping exercise as it nears possible pilot launch
The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets.
Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority…
ECB considers digital euro access, distribution in third design progress report
The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures.
Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit
There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and…
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