Digital Euro Within Decade ‘Very Likely,’ Says Finland’s Chief Central Banker
Olli Rehn believes a digital euro "in one form or another" is all but inevitable. Source
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Euro
Inside the Estonian CBDC Experiment That Could Shape the Digital Euro
At the height of 2017’s ICO boom, European Union member Estonia said it had the digital backbone to issue its citizens a national cryptocurrency, an “Estcoin.”At the time, then-European Central Bank (ECB) President Mario Draghi slapped down Estonia’s plans. But in an interesting indication of how far things have come,
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Estonia’s Central Bank to Research if Blockchain Can Support a Digital Euro
Eesti Pank said the initiative will gauge the suitability of the KSI Blockchain, already used within the country's e-government system, in supporting a central bank digital currency. Source
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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
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European Central Bank Ramps Up It’s Work on Digital Euro – Blockchain News, Opinion, TV and Jobs
A special Eurosystem task force from the European Central Bank (ECB) has published a comprehensive report, on the issuance of a European digital currency. They say
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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
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Blockchain Bites: OCC’s Stablecoin Guidance, EU’s Digital Euro Plans, Chamath’s Bitcoin
The OCC published guidance clarifying that federally-regulated banks can work with stablecoin issuers, the ECB thinks stablecoin is a “misleading” term and a group of banking veterans has spun up a new crypto fund. Top shelfBitcoin fundsBanking veterans who have steered divisions at HSBC, Barclays, Citigroup and Merrill Lynch in the
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French Central Bank Chief Eyes Public-Private Partnership for Possible Digital Euro
The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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French Central Bank Picks Accenture, HSBC and Others for Digital Euro Pilot
Banque de France has picked eight potential candidates to test the integration of a CBDC for interbank settlements, according to the announcement published earlier today.The list of approved participants includes mainstream juggernauts like Accenture, HSBC, and Societe Generale, as well as smaller crypto-focused players like Seba Bank and LiquidShare.The announcement
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Italian Banking Association Ready to Accept Digital Euro
The Italian Banking Association (ABI) has revealed it would be willing to support the implementation of a digital currency from the European Central Bank.According to a June 28 update on the ABI website, the association had approved guidelines governing its position on digital currency and central bank digital currencies (CBDCs). The
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