Digital euro Financial News

26.01 / 09:33

stablecoins Federal Reserve crypto regulation European Central Bank digital euro ECB pitches digital euro as response to Trump's crypto push

Euro zone banks need a digital euro to respond to US President Donald Trump's push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. Trump said he would «promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide» as part of a broader crypto strategy that he sketched out in an executive order issued on Thursday.

11.06 / 09:53

Digital ECB President show digital euro inclusion reports ECB’s Lagarde Discusses Digital Euro Launch Before Her Term Ends in 2027

European Central Bank (ECB) President Christine Lagarde has hinted that a digital euro could be available to Europeans before her term ends in 2027. Still, she acknowledged achieving this would require a faster-than-anticipated rollout.

25.04 / 11:33

CBDC digital euro NOT Digital Euro Not Expected to Debut Until 2028 or 2029: German Central Bank President

The digital euro will likely not launch until 2028 or 2029, Germany’s central bank president, Dr. Joachim Nagel, said on Wednesday.

24.04 / 11:15

Digital security Mobile Apple digital euro Investigations NOT iPhone Currently Not Compatible with Digital Euro: ECB Board Member

An ECB executive board member wants Apple to change how iPhone payments work to support a potential digital euro. He claims the tech giant’s current system may not support offline payments for any European Central Bank digital currency.

20.02 / 07:41

CBDC ECB digital euro ECB Addresses Banking Industry’s Concerns on Digital Euro

The European Central Bank (ECB) has responded to concerns from financial institutions regarding the central bank digital currency’s (CBDC) role. ECB’s report emphasized that “a digital euro will be designed as a means of payment and not for investment.”

06.01 / 01:16

CBDC digital euro Bank of Spain Bank of Spain Collaborates with Cecabank, Abanca, and Adhara Blockchain for CBDC Tests

Spain’s central bank, Banco de España, has revealed its selected collaborators for the testing phase of the central bank digital currency (CBDC) initiative, a year after issuing a call for collaboration.

29.11 / 17:51

CBDC privacy BIS digital euro Project Tourbillon: CBDCs Can Meet Privacy Requirements, BIS Research Reveals

The Bank for International Settlement (BIS) has released the final report on Project Tourbillion, its privacy-inclined Central Bank Digital Currency (CBDC) project.

22.11 / 20:06

CBDC digital euro NOT Spain’s Central Bank Governor Says Digital Euro Not Consumer Priority, Pushes for Wider Collaboration

The Governor of Spain’s central bank, Pablo Hernandez de Coz says there is no urgent desire among users in the jurisdiction for a Central Bank Digital Currency (CBDC), explains the digital euro’s roadmap.

25.10 / 22:23

Europe ECB digital euro Bank of Spain Customers Central Bank of Spain Embraces Digital Euro, Highlights Benefits for Customers

Banco de España, Spain’s central bank, is aligning with its European counterparts to introduce their customers to the possibilities of the digital euro, a central bank digital currency (CBDC).

19.10 / 16:41

Europe digital euro Bank of Finland Initiates Development of Finnish Instant Payment Solution Aligned with European Standards

The Bank of Finland (BOF) has taken the lead in spearheading the development of a Finnish instant payment solution that aligns with European standards.

18.10 / 14:21

Europe data privacy digital euro Europe’s Data Agencies Express Concerns Over Privacy Standards with The Digital Euro

The European Union (EU) data protection agencies have flagged possible areas concerning user privacy exposures of the proposed digital euro.

26.09 / 06:23

CBDC ECB digital euro ECB Chief Lagarde Says Digital Euro is “Not Yet Out There” and Would Take Two Years

European Central Bank’s (ECB) president Christine Lagarde said that there is a lot going on in crypto, however, a ‘digital Euro’ pilot “will probably take us another two years, at least, before it’s the final say.”

07.09 / 14:31

CBDC Parliament digital euro 2024 EU Commissioner Wants Digital Euro Project To Be Approached After Next European Commission In 2024

Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and the Capital Markets Union says that the digital euro should not be rushed until the next Commission's parliamentary election.

05.09 / 10:17

Blockchain CBDC Digital European Central Bank show stage country digital euro Legal and Technical Hurdles Await EU's Digital Euro in Non-Euro States

The European Union's (EU) upcoming digital euro may face hurdles in non-euro member states, according to a review conducted by the European Parliament.

05.09 / 10:17

European Central Bank European Commission digital euro ECB Praises European Commission’s Digital Euro Proposal as Key to Competing With the Private Sector

In a speech to the European Parliament's Committee on Economic and Monetary Affairs on September 4th, European Central Bank (ECB) executive board member Fabio Panetta presented a compelling case for Europe's pursuit of the digital euro.

04.09 / 21:03

CBDC regulation Europe ECB Euro digital euro Digital euro can ward off a host of private payment service ills: ECB official

The European Central Bank (ECB) is quite happy with the European Commission's (EC) legislative proposals for the digital euro. ECB executive board member Fabio Panetta told the European Parliament’s Committee on Economic and Monetary Affairs in a speech on Sept. 4 that the proposals “put Europe at the forefront of advanced economies” in CBDC development, potentially heading off private dominance of the financial sector and the ills that implies.

01.09 / 16:21

Europe UK IBM digital euro Crypto users Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points for Success of Digital Euro

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

31.08 / 23:41

CBDC Adoption Digital Currency Europe European Union digital euro guidance IBM offers guidance for successful implementation of digital euro

IBM has some ideas about what it will take to make the digital euro a success, which it shared in a recent blog post. It suggested five items for designers to help the European Central Bank (ECB) digital currency “enter the highly competitive, multifaceted, and heterogeneous payments landscape in the Eurozone.”

25.08 / 20:37

Adoption Payments Europe European Union ECB Euro digital euro services Spanish central bank official talks about private payment services in era of digital euro

Deputy governor of the Bank of Spain Margarita Delgado spoke to university students and others about the introduction of the digital euro in Pamplona on Aug. 25. Looking into a future through the lens of the recent European Commission’s recently proposed digital euro legislative plan, she spoke at length about how private payment solutions will interact with the digital euro and its infrastructure.

29.06 / 16:55

UPS Citi Provident Digital Citizens digital euro Slovakia Significantly Lowers Crypto Tax Rates Amid Digital Euro Fears

The deputies of Slovakia's National Council, the country's legislative body, voted on June 28 to endorse an amendment that will reduce the taxation of cryptocurrencies in the country.

28.06 / 15:51

UPS Provident Digital digital euro EC stresses privacy in digital euro plan

It would work like a digital wallet, with people and businesses able to pay with it anytime and anywhere in the euro area.The euro would be available for payments both online and offline. While online transactions would offer the same level of data privacy as existing digital means of payments, offline payments would essentially be like paying with cash - with nobody able to see what people are paying for.The digital euro would be distributed by banks and other payment service providers, with basic services provided to people free of charge.

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