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Fabio Panetta, a member of the European Central Bank’s (ECB) executive board, detailed the roadmap for the successful inclusion of a “digital euro” on Friday.The ECB is examining whether to introduce a central bank digital currency (CBDC) for retail payments, Panetta said in a speech at the Elcano Royal Institute,
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Bitcoin (BTC) was lower while staying mostly within this month’s range of roughly $18,200 to $19,700.“Upward price action seems to stall, and our analysts believe more inertia is required to push bitcoin beyond the $20,000 psychology barrier,” Lennard Neo, head of research for the cryptocurrency investment firm Stack Funds, wrote
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Stablecoins could “threaten financial security” if widely adopted, European Central Bank President Christine Lagarde said in an article published Monday in magazine L’ENA hors les murs.In the piece, Lagarde makes a bullish case for a digital euro while throwing shade at potential rivals such as cryptocurrencies and stablecoins – digital
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European Central Bank President Christine Lagarde said she believes the region’s monetary authority will move to launch a digital version of the euro in the next two to four years. “We might well go in that direction,” Lagarde said Thursday on a virtual panel with Federal Reserve Chair Jerome Powell
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Bitcoin bulls eye a $20,000 yearly close against the Federal Reserve and the European Central Bank’s expansionary policies.Dan Morehead, the CEO of Pantera Capital, noted that the bitcoin market is already outperforming other assets since the Fed launched an unlimited bond-buying program in March 2020.With ECB following a similar quantitative
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The European Central Bank is eager to expand its role in developing central bank digital currencies (CBDCs), but that doesn't mean private enterprises can't join the party, said President Christine Lagarde.In an interview Wednesday with French business magazine, Challenges, Lagarde reiterated the ECB wants to play an active role in
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The new president of the European Central Bank (ECB), Christine Lagarde, has expressed concern that Facebook may use its digital platform to promote Libra and lock-out rival stablecoin operators.In a letter responding to EU lawmakers yesterday, Lagarde said stablecoins addressed many of the problems associated with the existing cross-border payments
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