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ECB

Crypto News
March 31, 2021

Digital euro could take four years, says ECB president Christine Lagarde

It could be a while before European Union gets a central bank digital currency, if it gets one at all. In a Wednesday interview with Bloomberg Television, European Central Bank President Christine Lagarde laid out the complex…

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Crypto News
February 23, 2021

ECB wants final say on the legal status of private stablecoins in the EU

The European Central Bank has finally sent its formal opinion on crypto regulations to the European Commission. According to Reuters, the ECB has asked EU lawmakers for veto powers concerning private stablecoin projects like the…

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Crypto News
February 10, 2021

ECB leader floats 3K threshold for digital euro holdings

In an interview today, Fabio Panetta, executive member of the European Central Bank said the ECB may only allow digital euro holdings “up to a certain threshold” but added that the rollout of the central bank…

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Crypto News
November 12, 2020

EU will decide on digital euro in January 2021: ECB president

The president of the European Central Bank, Christine Lagarde, has said that the bank should reach a decision on releasing a digital euro early next year. In an online policy panel held on Nov. 12,…

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Crypto News
October 29, 2020

Bitcoin price spikes 5% to $13.5K shortly after ECB stimulus announcement

The price of Bitcoin (BTC) increased from $12,920 to $13,600 in four hours, recording a 5% rally. The uptrend coincides with positive developments from the European Central Bank, or ECB, and optimistic job data from…

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Crypto News
October 16, 2020

Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16

Editor’s note Blockchain technology has attracted regulatory attention since its inception. The security of the Bitcoin network despite the value of BTC in play has consistently proved the resilience of blockchain technology in maintaining records…

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Crypto News
October 13, 2020

European Central Bank seeks public input on digital euro

The European Central Bank launched a public consultation on a potential digital euro on Oct. 12.  Developments on the central bank digital currency front in the Eurozone have picked up pace amid the COVID-19 pandemic,…

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Crypto News
October 4, 2020

ECB to consider further digital euro study in 2021

The European Central Bank (ECB) could begin seriously considering and studying the digital euro by mid-2021, the bank said in a report released Oct. 2.  The report examined how a digital euro may impact retail…

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