Digital Euro Launch Faces Two-Year Delay Over Privacy Concerns, Says ECB President Christine Lagarde
European Central Bank (ECB) President Christine Lagarde has stated that it may take at least two years to fully launch the digital euro due to privacy concerns that need to be addressed. During a meeting with the European Parliament's economic committee, Lagarde discussed the challenges associated w ...
ECB to Begin CBDC Tests this Summer, with Potential Launch in Three to Four Years
This was announced by ECB Executive Board member Fabio Panetta He noted that the regulator will move to CBDC tests as early as this summer The ECB held its 25th anniversary ceremony in Frankfurt last week, May 24. As part of the event, a member of the executiv ...
European Central Bank Supports Research on Central Bank Digital Currency (CBDC)
European Central Bank (ECB) governor Fabio Panetta commented on the growing need, benefits and security of central bank digital currency (CBDC). European Central Bank (ECB) board member Fabio Panetta said the European regulator fully supports research into the digital e ...
Survey Reveals Features Wanted by Potential Digital Euro Users
The European Central Bank (ECB), together with the London-based analytical company Kantar Group, conducted a survey among potential users of the digital euro, what features they would like to see in it. The survey involved 321 respondents from Germany, Belgium, Spain, Ire ...
European Commission Calls for Stronger Background Checks on Cryptocurrency Users
The European Commission has recently released a report stressing the need for increased scrutiny of users of cryptocurrency exchanges and ATMs, citing concerns over the growing prevalence of darknet marketplaces and the purchasing of illegal substances. The European Monitoring Center for Drugs an ...
ECB President Christine Lagarde’s Controversial Interview on Digital Euro
The mischievous pranksters decided to play a prank on Christine Lagarde, the President of the European Central Bank (ECB), by conducting an interview with her on behalf of the Ukrainian President Volodymyr Zelensky. During the interview, Lagarde made a controversial statement suggesting that the ...
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 ...
The European Central Bank Pushes for Digital Euro Autonomy
Christine Lagarde, President of the European Central Bank (ECB), emphasized the importance of the digital euro in ensuring the autonomy of EU payment systems. Lagarde highlighted the fact that most payment instruments used in the EU are not necessarily European, and thus it is crucial to be mindf ...
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 ...