Cryptocoins News / The Cointelegraph - 1 year ago
Though the issuance of a digital euro is not a certainty, officials with the European Central Bank are moving to next phase of the project. The governing council of th...
Cryptocoins News / The Cointelegraph - 1 year ago
Uncertain regulatory conditions continue to have a negative impact on the sustainable growth of the DAO ecosystem, revealed a new European Central Bank Occasional Paper....
by COINS NEWS - 1 year ago
The European Central Bank (ECB) has increased interest rates to a record high as Europe battles to bring down persistent inflation. ECB's news conference call has concluded moments ago. Lagarde is still concerned by inflation. The main good news...
Bitcoin News / Bitcoin.com - 1 year ago
European Central Bank (ECB) executive board member Fabio Panetta has warned about stablecoins issued by private providers, such as Paypal. He also provided an update on the progress of the digital euro. “At the ECB, our investigation phase is n...
Cryptocoins News / Blockchain - 1 year ago
Fabio Panetta, ECB Executive Board member, discussed the digital euro initiative with the European Parliament's Committee on Economic and Monetary Affairs. The proposal includes legislative proposals on the digital euro and cash legal tender status,...
Cryptocoins News / The Cointelegraph - 1 year ago
Private payment services can gain a monopoly with no benefit to other market players or economic stability, ECB board member Fabio Panetta said. The European Central B...
Bitcoin News / Bitcoin.com - 1 year ago
The European Central Bank (ECB) has raised the benchmark bank rates by 25 basis points (bps) citing that inflation was down but still remained “too high for too long.” When ECB president Christine Lagarde was pressed about cutting rates by reporters,...
Bitcoin News / Bitcoin.com - 1 year ago
Inflation in the eurozone has started to decline but the area’s monetary authority expects it to remain above its target in the next two years. The European Central Bank has to do more to bring it down, its governor commented on the backdrop of stabl...
Cryptocoins News / The Cointelegraph - 1 year ago
According to Fabio Panetta, crypto volatility and aspects of blockchain technology made digital assets only suitable for gambling. Fabio Panetta, an executive board me...
Cryptocoins News / The Cointelegraph - 1 year ago
The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets. The European...
Bitcoin News / Bitcoin.com - 1 year ago
Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to the deputy head of the single currency area’s monetary authority. The official noted that while most of the tightening has been done...
Bitcoin News / Bitcoin.com - 1 year ago
Interest rate hikes in the euro area are already causing a decline in housing investment, the zone’s central bank revealed in a study. While smaller than in the United States, the impact of the monetary policy tightening on the Old Continent is likel...
Bitcoin News / Bitcoin.com - 1 year ago
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while...
Bitcoin News / Bitcoin.com - 1 year ago
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator i...
Cryptocoins News / The Cointelegraph - 1 year ago
While anonymity still stands as the core issue of a European CBDC, the inevitable competition with private banks also raises questions. As various stakeholders in the...
Bitcoin News / Bitcoin.com - 1 year ago
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according...
Bitcoin News / Bitcoin.com - 1 year ago
Fabio Panetta, a member of the executive board of the European Central Bank (ECB), announced the digital euro project was entering its final phase. Before the committee on economic and monetary affairs of the European Parliament, Panetta stated that...
Bitcoin News / Bitcoin.com - 1 year ago
European Central Bank (ECB) President Christine Lagarde has warned that the U.S. dollar’s reserve currency status “should no longer be taken for granted.” Acknowledging de-dollarization efforts by various countries, she stressed: “N...
Cryptocoins News / The Cointelegraph - 1 year ago
The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures. The European Central Bank (ECB) released its thir...
Bitcoin News / Bitcoin.com - 1 year ago
There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the...
Cryptocoins News / Blockchain - 1 year ago
A fake video of ECB President Christine Lagarde admitting to the use of a digital euro for limited control of payments was shared on social media. The video was revealed to be a prank and was part of a series of similar hoaxes targeting public figure...
Bitcoin News / Bitcoin.com - 1 year ago
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safe...
Bitcoin News / Bitcoin.com - 1 year ago
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials in...