2022-8-18 00:00 |
Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies. origin »
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A recent paper from the ECB in which the authors claim the existence of Bitcoin could impoverish non-holders and latecomers drew the ire from many bitcoiners... but isn’t this essentially what hyperbitcoinization is?
The European Central Bank is gearing up to challenge international payment giants by introducing its digital currency to strengthen Europe’s economic sovereignty. The European Central Bank is preparing to challenge dominant American and Chinese payment systems with the introduction of…
The 30 million-euro ($32.5 million) bond was settled through the Bank of France's tokenized cash system and coordinated by BNP Paribas.
"Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment," two ECB officials wrote in a blog post.
European Central Bank chief Christine Lagarde reportedly said her son ignored warnings against crypto investments and lost “about 60%” of his money.
The European Central Bank emphasizes that the digital euro will modernize and future-proof the pan-European financial ecosystem.