ECB


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Central Banks to Question Facebook-Led Libra Over Financial Risks

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.

Benoit Coeure ECB

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ECB's Mersch Warns Over 'Treacherous Promises' of Facebook Libra

Yves Mersch has warned of the threat posed by Facebook's Libra to monetary policy and consumers in the EU.

The ECB flags in front of the building. (Shutterstock)

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ECB Says It Plans to Use More On-Chain Data to Monitor Crypto Assets

The European Central Bank has issued a new report revealing plans to use more granular blockchain data to better monitor the crypto markets.

ecb, sign

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Facebook's Libra Is a 'Wake-Up Call' for Regulators, Says ECB Policymaker

Benoit Coeure of the European Central Bank has said projects like Facebook's Libra require faster action from regulators.

ECB building

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ECB Official Says Wholesale Central Bank Digital Currency a 'Viable Option'

A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies.

Vitas Vasiliauskas

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Cryptocurrencies Pose No Threat to Financial Stability: EU Central Bank

The European Central Bank has said that cryptocurrencies are currently not a threat to financial stability in the euro zone.

ECB

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Crypto-Friendly Money App Revolut Wins EU Banking License

Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.

Revolut cards

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ECB Has 'No Plans' to Issue a Digital Euro, Says Mario Draghi

The chief of the European Central Bank, Mario Draghi, said Friday that the institution has "no plans" to issue a digital currency, Reuters reports.

ECB Draghi

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Central Banks Say Blockchain Could Shake Up Securities Settlement

The second report from the project 'Stella' initiative explores applications of distributed ledger technology to the securities settlement process.

Chain

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Europe's Central Bank Touts Crypto As Underbanked Aid

A new opinion piece from European Central Bank officials discusses the important role a central bank-backed cryptocurrency could play in society.

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