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Anonymous vouchers, the report states, “are simply a technical tool used to limit the amount of CBDC that can be transferred anonymously. This means that limits on anonymous CBDC transfers can be enforced without recording the amount of CBDC that a user has spent, thereby protecting users’ privacy.” Source
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Recent research by the European Central Bank (ECB) claims that it is possible to develop a central bank digital currency (CBDC) payment system that protects user privacy.Per the report dubbed “Exploring anonymity in central bank digital currencies,” the European System of Central Banks (ESCB) established a proof-of-concept (PoC) for
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The European Central Bank President, Christine Lagarde, addressed the ECB’s top brass, saying that the bank needs to outline the objectives of its upcoming cryptocurrency project before the development and the technical process begins, at a conference on Thursday.The European Central Bank is expected to have a thoroughly detailed set
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Discussing the ECB's recent stablecoin comments, the resurfacing of some prominent 2017 token projects and a debate: Is crypto for criminals? Source
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European Central Bank’s head (and former International Monetary Fund’s head) Christine Lagarde said that the stablecoins market is gaining momentum and the officials need to keep up with changes:“My personal conviction is that giving the developments we are seeing, not so much in the bitcoin segment, but in the stablecoins projects.
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With markets continuing their slide, today we're looking at NIke's recent tokenized shoe patent and the ECB's digital currency discussions. Later, we're joined by CoinDesk analyst Galen Moore for some insight into exchange fees, token listings and more... Source
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“A digital currency of this sort could take a variety of forms, the benefits and costs of which the ECB and other central banks are currently investigating, being mindful of their broader consequences on financial intermediation.” Cœuré said. Source
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The European Central Bank under the new leadership of Legarde, has confirmed work on the digital Euro is underway with ‘several options’ being considered. This news comes as numerous countries also announced their intention to move from fiat to digital currencies moving towards a cashless society everywhere. My message is that while
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The European Central Bank (ECB) has attacked plans for an Estonian state-operated cryptocurrency. ECB President, Mario Draghi shut down any talk of the proposal by saying about crypto assets:“No member state can introduce its own currency…The currency of the euro zone is the euro.”Many observers theorize that Draghi’s response is
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Stablecoins are not immune to uncertainties. Those are the sentiments shared by the European Central Bank (ECB). According to the regulator, stablecoin stability could be hampered by the uncertainties stemming from the lack of regulations. Uncertainties The fact that regulatory pressures do affect fiat currencies is one of the tailwinds that could take
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