ECB reiterates need for a digital euro to counter influence of dollar-based stablecoins

ECB reiterates need for a digital euro to counter influence of dollar-based stablecoins
фото показано с : cryptoslate.com

2025-3-21 02:00

European Central Bank (ECB) Chief Economist Philip Lane has reiterated the need for a digital euro, emphasizing its role in mitigating risks from stablecoins and reducing reliance on US payment firms, Bloomberg News reported on March 20. origin »

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euro ecb digital stablecoins need reducing risks

euro ecb → Результатов: 126


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International Cooperation On Digital Currencies Essential, Says ECB President

In July 2021, the European Central Bank (ECB) launched the digital euro project investigation phase. This phase, which is expected to run until October 2023, aims to identify the optimal design of a digital euro and to analyse how financial intermediaries could provide front-end services that build on a digital euro. Whilst providing an update […]

2022-10-21 21:03


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Crypto Assets Such As Bitcoin Have an Enormous Ecological Footprint, Asserts ECB’s Top Exec

The European Central bank has restated its disdain for Bitcoin and other proof-of-work mining consensus networks, insisting that the crypto mining sector needs to be urgently regulated. During a live Twitter Q&A session Friday, Frank Elderson, an executive board member at the ECB who is overseeing the advance of the digital Euro, claimed that Bitcoin’s […]

2022-5-10 23:48


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ECB promotes digital euro, calms fears

In December, the European Central Bank published a paper demonstrating why it’s a mistake to assume CBDCs and fiat money are subject to the same conditions, CoinFi reported. The authors of the paper pointed out that it’s a bad time for fees, yet raised the issue of whether the CBDC would be sustainable without a […] The post ECB promotes digital euro, calms fears appeared first on Invezz.

2021-12-5 17:05