Digital euro Financial News

14.07 / 16:49

Stablecoin regulation Europe digital euro Crypto Community Unimpressed as ECB President Pushes for Digital Euro with Privacy ‘of the Highest Standard’

The European Central Bank (ECB) President Christine Lagarde's new blog post again pushes for the creation of a central bank digital currency (CBDC) in Europe. But although it argues that a digital euro would protect the privacy of its users, the crypto community is not impressed.

13.07 / 19:51

Twitter Legal UK Bitcoin digital euro elon Twitter vs. Elon Musk, Digital Euro's Phase 2, New Investments + More News

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

12.07 / 23:39

CBDC Adoption regulation ECB digital euro wholesale French central bank head announces beginning of wholesale digital euro project phase 2

The first phase of experiments with a wholesale digital euro has been completed, and Phase 2 experiments will begin this year, Banque de France governor François Villeroy de Galhau said Tuesday. Four or five new experiments are expected to be launched.

16.06 / 14:53

regulation Investing Central Bank digital euro Use of Digital Euro as Form of Investment Can be Prevented - ECB Official

The European Central Bank (ECB), the central bank of the European Union, is advancing discussions on the digital euro project, but decision-makers argue that is possible to fit the central bank digital currency (CBDC) with effective tools that would prevent it from being used as a form of investment - rather, it would only be used as a means of payment, according to Fabio Panetta, Member of the Executive Board of the ECB.

15.06 / 23:39

regulation European Union ECB Euro digital euro Executive ECB may cap digital euro at 1.5T tokens — Executive board member

Fabio Panetta, an executive board member of the European Central Bank, or ECB, proposed the central bank limit the total holdings of a digital euro in an effort to prevent the digital currency from being used as a form of investment.

16.05 / 18:33

regulation Europe ECB Euro digital euro Digital euro could come as soon as 2026 — ECB official

Fabio Panetta, an executive board member of the European Central Bank, or ECB, has said that a digital euro could come within four years, potentially designed with a person-to-person payment solution.

13.05 / 17:31

Europe privacy Central Bank Bitcoin digital euro ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’

The ECB released another working paper on the digital euro, providing an extensive technical analysis of a potential European CBDC and its position in the existing financial system.

13.05 / 15:13

Adoption Europe European Union Euro digital euro AIM NOT Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’

The European Central Bank (ECB) is planning to launch a prototype of the digital euro in 2023. In the next five years, Europe could have its own central bank digital currency (CBDC) up and running. However, there are still many questions surrounding the prospective digital currency. In what form could it be issued? Is the ECB too late to the CBDC party, especially compared to other central banks such as that of the People’s Republic of China? To address these and other questions, Cointelegraph auf Deutsch spoke with Jonas Gross, chairman of the Digital Euro Association (DEA) and member of the expert panel of the European Blockchain Observatory and Forum.

04.05 / 15:07

Law Europe privacy European Union digital euro Proposed digital euro designs lack privacy options, ECB presentation shows

Next to the fears of government overreach that the European Union’s ambitious digital euro project stirred, the main concern of the public is the prospective currency’s privacy framework. It appears that this worry might not be overblown after all: as the European Central Bank's (ECB) latest presentation hints, user anonymity is not a desirable design option.

30.04 / 00:25

Blockchain CBDC Adoption ECB digital euro Customer ECB, Eurosystem begins experimental prototyping of digital euro customer interface

Progress will continue on the development of the digital euro as the European Central Bank (ECB) and Eurosystem have begun looking for companies to participate in an exercise to prototype customer-facing payments services. Payment service providers, banks and other relevant companies were invited to express interest in the project in an announcement released Thursday.

14.04 / 12:49

Provident Target Digital digital euro consultation EBAday 2022: EU wrestles with digital euro privacy concerns in targeted consultation

The consultation will run until the 14th of June, and considers whether issues including users needs and expectations for a digital euro, the digital euro’s role for the EU’s retail payments and digital economy, the application of AML-CFT rules, privacy and data protection aspects, and international payments. The EU has yet to make a decision about whether or not to issue a digital currency at all, and the consultation is a strong precursor to any decision or law drafting rumoured to come out early in 2023.

09.04 / 00:29

Adoption regulation Central Bank ECB digital euro Executive ECB executive board member talks about current state of digital euro CBDC research

European Central Bank executive board member Fabio Panetta provided an overview of the central bank’s current research on a retail central bank digital currency Friday when he spoke at the IESE Business School Banking Initiative Conference on Technology and Finance. Panetta said the issuance of central bank digital currencies, or CBDCs, is “likely to become a necessity,” but warned that “they should not become a source of financial disruption that could impair the transmission of monetary policy in the euro area.”

06.04 / 18:25

privacy Central Bank European Commission digital euro Here's How You Can Help Shape Digital Euro

Amid an intensification in the European Union’s crypto-focused legislative efforts, the European Commission has launched a new consultation on its digital euro central bank digital currency (CBDC) project. The procedure will allow interested stakeholders who want to help shape a digital euro to voice their opinion to Brussels, with privacy concerns likely to rank as one of the leading topics.

06.04 / 00:13

regulation Europe European Union Euro digital euro consultation European Commission opens new consultation on digital euro

The European Commission is calling for financial services specialists to weigh in on the potential rollout of a digital euro.

30.03 / 23:27

regulation European Union ECB Euro digital euro ECB official suggests importance of physical stores accepting digital euro

Fabio Panetta, executive board member of the European Central Bank, said focus groups exploring the potential rollout of a digital euro hinted the ability to use the digital currency at online and physical stores could be a key feature.

30.03 / 18:15

Provident Digital Merit digital euro ECB publishes report on payment preferences as part of digital euro investigation phase

Safety and security were a concern among respondents, who sought guarantees against fraud and hacking, as well as secure and reliable payment authentication methods. Biometric methods of payment verification, such as those involving iris scan technology, were widely supported by participants, while flexible and adjustable privacy settings were seen as desirable.“We want the digital euro to add value for end users and merit their confidence,” says ECB executive board member Fabio Panetta, chair of the High-Level Task Force on a digital euro.

11.02 / 08:23

Blockchain Adoption Europe European Union digital euro EU finance chief says digital euro bill coming in early 2023

The European Commission has announced that a bill for a digital euro will be proposed in 2023.

25.01 / 18:40

Blockchain Technology Adoption Bitcoin digital euro Germany's 2021: New regulations, the digital euro and NFTs on the rise

An interesting year has come to an end for the crypto industry in Germany. Although blockchain technology and cryptocurrencies have not yet found wide acceptance in the country, more and more domestic institutions and investors are becoming interested in the crypto world thanks to legal clarity.

11.12 / 06:51

Digital Platform Action Bitcoin digital euro foreign CBDC: European Central Bank exec worries digital euro may hurt foreign currencies

Crypto investors know well by now that institutions like the European Central Bank [ECB] are suspicious of stablecoins and often warn of their risks.

08.12 / 20:55

business Blockchain Adoption Swiss digital euro Central Banks of France and Switzerland announce successful trial of digital Euro, Swiss Franc

On Wednesday, the Banque de France (BdF), the BIS Innovation Hub (BISIH), and the Swiss National Bank (SNB) announced the success of a pilot run of a wholesale central bank digital currency (wCBDC), titled Project Jura. The project aimed to investigate cross‑border settlement with euro and Swiss franc wCBDCs, and launched on a third‑party distributed ledger technology platform.

19.11 / 19:29

Provident Digital Cooper Assurant digital euro European Central Bank exec stresses on making digital euro ‘attractive’ to users

In early November, a Chinese central bank official claimed that over 123 million personal wallets had been activated for the e-CNY. Meanwhile, a Nigerian central bank spokesperson reported that users of Nigeria’s eNaira wallet were nearing half a million.

Digital euro Financial News

popular questions about digital euro

What is digital euro and why is it relevant?

Where can I find the latest updates on digital euro?

How can I verify the accuracy of information on digital euro?