Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says – Finance Bitcoin News
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100M euro digital bond was a CBDC test, says Banque de France
It turns out the 100 million euro digital bond issued by the European Investment Bank earlier this week was actually a trial of a European central bank-issued digital currency, or CBDC.An April 28 announcement from France’s central bank, Banque de France, revealed the digital bond was settled using a CBDC
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ECB Releases Its Public Consultation Findings on Digital Euro
The consultation was launched on October 12, 2020, and ended on January 12, 2020. Out of the total participants, 94% came from private citizens.The European Central Bank (ECB) has today released its findings from the public consultation on a digital euro. Notably, privacy and security were the most vouched for
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German cannabis company hedges with Bitcoin in case euro crashes
SynBiotic SE, a German cannabis company, has announced that it is following the lead of companies like MicroStrategy and Tesla in shifting part of its liquid cash holdings into Bitcoin (BTC).In a Feb. 16 update on its website, the company stated that the move was spurred by “legitimate concern about
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One of the World’s Oldest Banks Is Issuing a Euro Stablecoin on Stellar
A euro stablecoin is being issued by one of the oldest banks in the world and it’s being done on the Stellar blockchain network.Announced Wednesday, Germany’s Bankhaus von der Heydt (BVDH), established in 1754, is working with tokenization and digital asset custody technology provider Bitbond for the first direct issuance
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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
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European central bankers predict that the digital euro is at least five years away
Several experts from various European banks agreed that even a proof of concept for a digital euro is four or five years away.In a panel on Monday called "Upgrading Money to the Digital Age: Introducing Digital Euro," participants agreed that the current task was primarily one of getting everyone onboard
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ECB’s Lagarde Says Digital Euro May Launch in 2-4 Years
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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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
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Gemini Exchange Launches Crypto Trading Against the Euro
The Winklevoss-founded exchange said all listed cryptocurrencies can be purchased and traded with euros. Source
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