Bitcoin News / Bitcoin.com - 2 years ago
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expected to define the new currency’s legal tender status...
Bitcoin News / Bitcoin.com - 2 years ago
On Thursday, the European Central Bank (ECB) announced the central bank’s third consecutive benchmark bank rate increase this year, raising the rate by 75 basis points (bps). In addition to the rate hike, the ECB changed the central bank’s targeted l...
Cryptocoins News / NewsBTC - 2 years ago
The Bitcoin price has woken up from its Snow White slumber over the past two days. As NewsBTC reported, the price rally started shortly after the Dollar Index (DXY) showed weakness and suffered a sharp setback.
For much of 2022, Bitcoin and the dolla...
Cryptocoins News / The Cointelegraph - 2 years ago
The ECB’s two-year investigative phase is halfway completed, with key use and policy issues clarified; more stakeholder engagement is planned before the decision is made to proceed....
Cryptocoins News / Blockchain - 2 years ago
The European Central Bank (ECB) is collaborating with five firms to test “user interfaces” for the central bank digital currency (CBDC). (Read More)
Cryptocoins News / EthereumWorldNews - 2 years ago
ECB Chief Lagarde disclosed today on an online panel hosted by the Bank of France that she does not like seeing a new period of “free banking” due to cryptocurrencies.&
According to Lagarde, Central Bank digital currencies (CBDC)...
Cryptocoins News / The Cointelegraph - 2 years ago
Executive board member Fabio Panetta says it would undermine financial stability if the ECB were unprepared to use distributed ledger technology, but that’s the best he can say for it....
Bitcoin News / Bitcoinist - 2 years ago
One of cryptocurrency’s most notable use cases is enabling instant cross-border payments. That’s why the Central Bank Digital Currency (CBDC) program has attracted hundreds of jurisdictions worldwide, and some countries like China have al...
Bitcoin News / Bitcoin.com - 2 years ago
The European Central Bank (ECB) has selected five companies to help develop user interfaces for a digital euro. Each company will work with the ECB and focus on one specific use case of the digital euro. Amazon has been chosen to focus on e-commerce...
Bitcoin News / Bitcoin.com - 2 years ago
According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her interview with Madame Figaro, Lagarde str...
Bitcoin News / Bitcoin.com - 2 years ago
A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their study follows an earlier proposal to limit digital eu...
Bitcoin News / Google News Bitcoin - 2 years ago
Good morning, and welcome to First Mover. We're Bradley Keoun and Shaurya Malwa, here to take you through the latest in crypto markets, news and insights.
(First Mover lead author Lyllah Ledesma is in Paris for the EthCC conference. Her dispatch...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin (BTC) retreated to under $23,000, after it hit a six-week high of $24,265 on Wednesday. Despite the pullback, its price was up 14% for the month, according to CoinDesk data.
Meanwhile, in fiat currencies, the euro, the common currency of...
Bitcoin News / Bitcoin.com - 2 years ago
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key ob...
Cryptocoins News / The Cointelegraph - 2 years ago
Amid the soaring inflation, the European Central Bank (ECB) has found time to sum up its concerns about the “significant carbon footprint” of Bitcoin (BTC) and other cryptocurrencies, which require vast amounts of computational power.
ECB published...
Bitcoin News / Google News Bitcoin - 2 years ago
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoi...
Bitcoin News / Bitcoin.com - 2 years ago
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It...
Bitcoin News / Google News Bitcoin - 2 years ago
Key Takeaways
The European Central Bank has come down hard on Proof-of-Work blockchains in a new research article.
The research article compares Proof-of-Work algorithms to fossil fuel cars while likening Proof-of-Stake to electric vehicles.
The a...
Bitcoin News / Google News Bitcoin - 2 years ago
Venture advisor for Presight Capital Patrick Hansen shared the results of three new research articles on Bitcoin and crypto’s climate risk, decentralized finances (DeFi), and stablecoins. Published by the European Central Bank (ECB), the articles hi...