Cash-like privacy is among digital euro’s ‘hardest political tradeoffs’

Experts say the digital euro’s outcome hinges on a political compromise with parties fighting for the limits of privacy and online functionality.

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‘We Need a Euro Coin’: Regulators Race to Counter US Stablecoin Grip on European Market

Europe’s reliance on dollar-pegged stablecoins is prompting swift MiCA enforcement and a possible digital euro. The region must now choose whether private euro tokens or an ECB-issued CBDC will lead its digital future.

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European Central Bank wants a digital euro as Trump embraces stablecoins

ECB is pushing for a digital euro amid the rise of stablecoins. President Donald Trump recently signed an executive order on US dollar-backed stablecoins. The digital euro is a strategic move to streamline intra-Eurozone transactions.

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EU digital euro lead Stefan Berger quits to quell sabotage allegations

Stefan Berger, a key figure in the European Parliament’s digital euro discussions, has stepped aside to pave the way for progress without controversy. The man leading Parliament’s work on the digital euro, who became one of its biggest critics, has…

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Money20/20: Digital euro is highly likely, says ECB’s Evelien Witlox

In her presentation at Money20/20, Evelien Witlox, Digital Euro Director at the European Central Bank, delved into the potential implications of a digital euro and how its inception would impact the Euro payment landscape Noting a decrease in cash usage…

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Crypto Community Up in Arms Over Digital Euro Initiative

The European Central Bank's digital euro initiative has faced skepticism from the cryptocurrency community

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Bank of Spain embraces ‘digital euro,’ explains its benefits

The digital euro will make electronic payments a vital piece of the financial system, the statement claims.

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Spain’s central bank expects digital euro to enhance financial services 

The deputy governor of the Spanish national central bank, Margarita Delgado, has spoken about the future of the digital euro and how private payment solutions will interact with it. Speaking in line with the recently proposed digital euro legislative plan,…

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ECB expresses support for European Commission’s digital euro proposal

The European Central Bank (ECB) expressed support today, June 28, for the European Commission’s legislative proposal aimed at creating a regulatory framework for a digital euro. The legislation aims to ensure that the digital euro could be universally utilized throughout the euro area, like traditional banknotes and coins.

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Digital euro proposal set for debate as EU advances AI restrictions legislation

Separate reports indicate that lawmakers in the European Union (EU) are advancing potential rules around a “digital euro” and artificial intelligence (AI). ECB could limit digital euro for financial stability Bloomberg reported June 14 that it obtained a copy of a draft proposal from the European Commission.

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EU firms up plans for introduction of digital euro

The European Union's executive branch is set to propose a plan for a digital euro, mandating the ECB to establish usage regulations.

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ECB considers digital euro access, distribution in third design progress report

The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures.

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Stablecoins have plentiful machine-payment use cases in absence of euro CBDC: Report

The Digital Euro Association sees automated micropayments as a way for Europe to maintain its digital competitiveness, once regulations are in place.

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Amazon Contributing to EU’s Digital Euro Prototype Tests

The European Central Bank (EBC) has partnered with five companies, including Amazon, to test its digital euro. Digital Euro Testing Amazon is one of five companies testing a digital euro....

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Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’

Jonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB.

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ECB Executive Member Reveals Initial Findings Of Focus Group On A Digital Euro

Fabio Panetta reveals that the EU needs to prioritize the acceptance of a digital euro in physical stores. He says the group aims to maintain high privacy standards to maintain users’ trust. As per Christine Lagarde’s statement last year, a digital euro can roll out in 2025.

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Before Digital Euro, Europe must win over Germany's worried cash-users

Investigations are underway to prepare the financial sector for a Digital Euro. However, before that, central banks need to check in with the public and understand how private citizens view the proposThe post Before Digital Euro, Europe must win over Germany's worried cash-users appeared first on AMBCrypto.

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Digital Euro Project Gets Going as ECB Launches Investigation Phase

After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at a “negligible” cost to the environment, in comparison with bitcoin.

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100M euro digital bond was a CBDC test, says Banque de France

European financial institutions are using pilots to make a case for the digital euro.

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ECB Report: Public Prioritizes Privacy in Potential Digital Euro

According to a report published on April 14, privacy is the most important feature of a digital euro, especially for merchants and other companies. Both the public and professionals support requirements to prevent illegal activities, as less than 10% supported full anonymity.

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ECB president says Digital Euro could take about four years

The launch of a potential Digital Euro will happen mid this decade at the… The post ECB president says Digital Euro could take about four years appeared first on Coin Journal.

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ECB Asks For Opinions on Digital Euro

In a Jan. 8 tweet, the ECB asked for public opinion on digital Euro implementation. This form of Euro will be a central bank digital currency (CBDC) under the ECB. The board has been talking about the possibilities of a digital Euro for some time.

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ECB Experts Maintain a Cautious Approach to Digital Euro Development

The European Central Bank (ECB) has been talking a big game about its forthcoming digital euro, particularly considering its functionality. However, the agency remains resolute in its stance that it shouldn't rush an asset and instead move with caution.

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ECB to continue studying digital euro in 2021

The European Central Bank is considering furthering its studies on the digital euro by...

The post ECB to continue studying digital euro in 2021 appeared first on Coin Journal.

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Association of German Banks (Bankenverband) Shares Reasons for a Programmable Digital Euro

On Wednesday, October 30, 2019, the Association of German Banks (i.e. Bankenverband) released a paper making several arguments as to why a digital euro is necessary, reports Coin Telegraph. The paper, in the closest translation possible, dubbed, “Beyond Libra: Why Business Needs a Digital Euro,” gives up to 10 reasons why the idea might come […]

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German Banks Consider Blockchain-Based Currency Called "Digital Euro"

What problems await German banks along the way for creating the "Digital Euro"?

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Association of Private German Banks Argues for Digital Euro

Bankenverband, an association of private German banks, released a paper in which it argues for the creation of a digital euro

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Facebook’s Libra ‘cryptocurrency’ gets desperate as it considers stablecoins

Facebook‘s controversial ‘cryptocurrency‘ Libra could be based on national currencies such as the dollar, the tech giant said on Sunday, following increased scrutiny from regulators and governments in recent months.

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Libra, China’s CBDC could divert Euro supply: Bank of France’s Denis Beau

Over the past few months, the confluence of payments and the global economy has never been clearer. With Libra sending tremors from Washington D. C. to Paris, and China unveiling its plan to launch a digital yuan, ill-prepared lawmakers are feeling the brunt of not paying enough attention to the growing digital payments industry.

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German Finance Minister Supports Digital Euro, But ‘Very Critical’ of Libra

Speaking on a possible e-euro, minister Olaf Scholz said Germany "should not leave the field to China, Russia, the U.S. or any private providers."

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German Finance Minister Speaks in Favor of Digital Euro

Coinspeaker German Finance Minister Speaks in Favor of Digital EuroGermany's Finance Minister is in favor of electronic currency for the Eurozone and maybe a euro-cryptocurrency but is against privately issued cryptocurrencies such as Facebook's Libra.

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European Central Bank Investigating Stablecoins and a Possible Digital Euro

In a letter addressed to Eva Kaili, a member of the European parliament and a well-known cryptocurrency advocate, the current president of the European Central Bank, Mario Draghi, lays down his views on cryptocurrencies and their future in the banking sector.

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Peter Schiff says Bitcoin investors made losses of 40% compared to gold over the same period

Digital currency asset management company, Grayscale Investments had launched a marketing campaign dubbed #DropGold back in May this year. The campaign advocated Bitcoin as an alternative to investing in gold.

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French Finance Minister: Develop Euro Zone Crypto Rules And Create A ‘Public Digital Currency’ For EU

Bruno Le Maire, French Finance Minister, has called on European Union member states to come up with rules and regulations that can be used in the zone as well as consider a public digital currency which is capable of rivaling Facebook’s Libra currency, Reuters reports.

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Crypto exchange COSS adds fiat gateway

Crypto exchange COSS adds fiat gateway - CryptoNinjas Singapore based COSS digital asset exchange, has now announced the addition of fiat on and off-ramps, with support for multiple fiat currencies.

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China is following Facebook’s playbook to issue a centralized digital currency

China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports.

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Facebook’s Libra Could Wrest Control of Euro from ECB

Another ECB board member has spoken of the danger of digital assets to create pressures on official monetary policy.

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Ripple Partner Embedding Complex Trades within Blockchain Messages

Euro Exim Bank has started embedding complex trades within blockchain messages B2B payments and SMEs growing at a faster pace Digital Currencies remove one of the biggest obstacles to SMEs business growth What makes digital asset unique is that “they’re universal currencies, meaning anyone can use them as units of value anywhere in the world,” […]

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Pomp and Peter Schiff’s Showdown on CNBC Crypto Trader: Bitcoin vs. Gold

Euro Pacific Capital CEO and self-professed “gold bug” Peter Schiff took on Morgan Creek Digital partner Anthony Pompliano Tuesday in a jarring hour-long CNBC Crypto Trader debate over the merits of gold versus Bitcoin.

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Europe crypto exchange from Bibox now live with bitcoin and ether

Europe crypto exchange from Bibox now live with bitcoin and ether » CryptoNinjas Bibox, the AI-enhanced, encrypted digital asset exchange, today announced the official launch of its new Europe exchange with fiat-to-cryptocurrency trading of the euro (EUR) with bitcoin (BTC) and ether (ETH).

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Bitcoin Hater Peter Schiff Admits He Owns Some Bitcoin

In a tweet on July 5, 2019, Anthony Pompliano, Bitcoin proponent and Morgan Creek Digital Assets cofounder announced that Peter Schiff, the renowned Bitcoin hater, and Euro Pacific CEO admitted that he actually owns some Bitcoin.

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Germany Eyes Euro-Backed, Bank-Controlled Stablecoin

To provide a faster alternative to the euro, Germany's dominant political parties, the Christian Democratic Union of Germany and the Christian Social Union, are mulling over the prospects of a digital euro, or "e-euro," that would act as a digitized version of a small part of the existing money supply.

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Gold Bug Peter Schiff Takes Bitcoin Correction as a Chance to Swipe at BTC

CEO of Euro Pacific Capital and chairman of SchiffGold, Peter Schiff, has once again provided critique of Bitcoin. The self-proclaimed gold bug used the opportunity presented by today’s downswing in Bitcoin price to argue his favourite yellow metal’s superiority over the digital currency.

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OKCoin launches euro trading for bitcoin, ethereum; opens Malta office

CryptoNinjas OKCoin, the popular digital asset exchange company with service in 184 countries, announced today that traders outside of the U. S. can now deposit and withdraw euros. Starting at 8:00 pm PT today, all OKCoin users can.

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The Digital Euro Wallet Designed by Leading Crypto Currency Exchange Globitex

Launched in February of 2019, the Euro Wallet provides the financial market with an unrivaled solution to crypto exchange transfer speed. An efficient alternative that no bank can provide, transferring cryptocurrencies between exchanges, individuals and into FIAT has never been simpler.

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Cryptocurrencies Won’t Die in 10 Years but Bitcoin Will Be Overtaken: Euro Poll

By CCN. com: A majority of Europeans believe cryptocurrencies will still be around in ten years time, according to new data. A survey by bitFlyer Europe, a regulated crypto exchange, which polled 10,000 individuals in ten European countries, revealed that 63 percent believe in the staying power of digital currencies.

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Tied Digital Currency: The World’s First Japanese Stablecoin – BitcoinExchangeGuide.com

What Is Tied Digital Currency? Tied is a new stablecoin launched by TiedCo, which is fully collateralized by Euro (EUR) and Yen (JPY). After its launch, Tied Coin becomes the world’s first cryptocurrency backed by the Yen currency to enter the stablecoin market.

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Huobi Adds XRP To OTC Trading

XRP can now be traded on the Huobi OTC platform. The asset went live at the beginning of the Singaporean working day, at 02:00 GMT. Traders can exchange the payments token against Huobi’s featured digital assets as well as twenty-five fiat currencies, including the U.

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Gibraltar Exchange to List Bitcoin Cash Fiat Trading Pairs

A Gibraltar insured and regulated digital asset exchange is set to list bitcoin cash (BCH) versus fiat trading pairs. Users of the platform, that also features fiat onboarding capabilities, will soon be able trade the popular cryptocurrency against the U.

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