Auto Added by WPeMatico

Study: Half of Surveyed Germans ‘Imagine Using a Digital Euro as an Additional Payment Option’

A new report has found that half of Germans who participated in a survey study can “imagine using a digital euro as an additional payment option.” However, the study also…

Continue ReadingStudy: Half of Surveyed Germans ‘Imagine Using a Digital Euro as an Additional Payment Option’

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the…

Continue ReadingCore Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

ECB to Decide Whether to Issue Digital Euro in 2023

The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year…

Continue ReadingECB to Decide Whether to Issue Digital Euro in 2023

Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says

President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their…

Continue ReadingCryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says

ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals

The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has…

Continue ReadingECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals

Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro

Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this…

Continue ReadingEurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro

European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year

The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish…

Continue ReadingEuropean Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year

ECB Paper Marks Success Factors for CBDCs, Digital Euro

A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors…

Continue ReadingECB Paper Marks Success Factors for CBDCs, Digital Euro

Eurosystem Approves New Oversight Framework Concerning Crypto Services

The monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will…

Continue ReadingEurosystem Approves New Oversight Framework Concerning Crypto Services