ECB Boosts Emergency Bond-Buying Program By 37% to €1.85T Amid Pandemic Resurgence
The ECB says the additional monetary policy actions were needed because of a resurgence in coronavirus cases. Source
Read More
ECB
Consideration phase for digital euro to go well into 2021, says ECB exec
Financial authorities in Europe could form an investigation plan for a digital euro as early as next year, according to an executive at the European Central Bank.Holger Neuhaus, head of market innovation and integration division at the ECB, joined the Singapore FinTech Festival 2020 on Dec. 7 to discuss the
Read More
ECB Begins Public Survey About a Digital Euro, Implying a Broad Retail Offering Is Now on the Table
European Central Bank President Christine Lagarde Sunday announced an ECB survey of public opinion regarding the issuance of a digital euro, implying the central bank is considering a retail central bank digital currency (CBDC), not just one intended for use between banks, which would represent a much more profound change
Read More
after ECB Stimulus Announcement, Bitcoin Surged to $13.5K
Hours after the European Central Bank (ECB) statement and optimistic job data from the U.S., Bitcoin (BTC) price rallied from $12,920 to $13,600.According to Cointelegraph, it took just four hours for BTC to record a 5% rally in the price, increasing from $12,920 to $13,600. Coincidentally, the rally comes after
Read More
ECB to consider further digital euro study in 2021
The European Central Bank (ECB) could begin seriously considering and studying the digital euro by mid-2021, the bank said in a report released Oct. 2. The report examined how a digital euro may impact retail payments and how it can protect payments in the future. It also looks at how virtual
Read More
Digital Euro Will ‘Protect’ Eurozone from Foreign Issuers, Says ECB Exec
An executive member at the European Central Bank says a digital euro could protect the Eurozone's monetary sovereignty from outside influence. Source
Read MorePandemic has accelerated adoption of digital currency: ECB President
The pandemic has seen consumers adopt digital payments in increasing numbers and the trend was accelerating, said the President of the European Central Bank (ECB) Christine Lagarde. She also indicated a panel of euro-zone central bank officials is set to reveal a verdict on a European central bank digital currency
Read More
First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K
[sociallocker id="55298"] As bitcoin struggles to break out of the range it’s largely been stuck in for more than a month, some investors are looking ahead to Thursday’s European Central Bank meeting for fresh monetary stimulus that might underscore the cryptocurrency’s potential as an inflation hedge. Prices for bitcoin shot up
Read More
Virtual Consensus 2020 Kicks Off with ECB Official Discussing CBDC
Major cryptocurrency event, Consensus 2020, has officially kicked off in virtual mode. Consensus: Distributed, Cryptox’s first ever fully virtual conference, featured European Central Bank (ECB) key legal official, Yves Mersch, as the first speaker.On May 11, ECB board member Mersch delivered an exclusive keynote devoted to central bank digital currencies
Read More
ECB President Pushes for a Central Bank Digital Currency
The president of the European Central Bank (ECB), Christine Lagarde, supports the bank’s active involvement in the development of a central bank digital currency (CBDC) to address the demand for faster and cheaper cross-border payments.In an interview with French business magazine Challenges published on Jan. 8, Lagarde discussed the
Read More