Central Bank of Hungary Takes Cautious Approach to State-Owned Stablecoin Launch
Central Bank of Hungary believes that the state-owned Stablecoin will not have a strong impact on the country's financial system, so the regulator will not rush to launch it. Aniko Szombati, head of digital development at Magyar Nemzeti Bank (MNB), said this at a meeting ...
Italian Banking Association Ready to Support Digital Euro Introduction
The ABI, or Italian Banking Association, has recently stated that it is fully prepared to support the digital euro's introduction, as long as it doesn't displace them from the banking system. As early as 2020, the Association of Italian Commercial Banks, which has over 700 members, has been backi ...
German Banks urge ECB to involve commercial banks in the development of digital euro
The Association of German Banks has appealed to the European Central Bank (ECB) to permit commercial financial institutions to participate in the creation and launch of the digital euro. They believe that the digital currencies of the Central Bank represent the next phase in the development of th ...