ECB


Policy

Crypto Prices Are Fanned by Flawed Economics and Conspiracy Theories; CBDCs Are Immune: Bank of Finland Governor

While making a case for digital euro, Bank of Finland Governor Olli Rehn said central bank digital currencies won't be subject to the price volatility of private cryptos.

Olli Rehn, governor of the Bank of Finland (Horacio Villalobos/Getty Images)

Policy

Bitcoin, Stablecoins the Worst Options for Cross-Border Payments, ECB Study Says

A senior central banker said state-backed digital currencies would be quicker and cheaper.

CBDCs would be better than bitcoin or stablecoins at speeding up cross-border payments, a European Central Bank study says. (Raimund Linke/Getty Images)

Policy

Digital Euro Needs Curbs to Halt Lending Crunch, ECB Study Finds

The economic evidence appears to support calls to cap how much central bank digital currency people can hold, to stop them fleeing banks all together, the study suggests.

En un principio, el euro digital se utilizará solo para pagos personales. (Koron/Getty Images)

Mga video

Bitcoin Slips Below $23K as ECB Raises Rates for First Time in 11 Years

European Central Bank (ECB) has raised interest rates by 50 basis points, its first rate hike in 11 years. IG North America CEO JJ Kinahan discusses his take on what this means for the crypto markets. Plus, Elon Musk disclosed that Tesla sold 75% of its bitcoin holdings last quarter in the latest earnings call.

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Markets

ECB Exits Negative Interest Rate Policy With 50 Basis Point Hike; Bitcoin Steady

The European Central Bank's first rate hike since 2011 comes four months after the Fed kicked off its tightening cycle, sending risk assets lower.

ECB raises rates for the first time in 11 years. (moritz320/Pixabay)

Markets

Bitcoin Slips Below $23K Ahead of ECB Rate Decision

The central bank is likely to signal an exit from its negative interest rate policy.

El BCE anunció su primer aumento en las tasas de interés en 11 años. (alexanderjungmann/Pixabay)

Policy

Digital Euro Would Be a Success Only if Widely Used, ECB Says

The European Central Bank expects to complete the investigation phase of its digital euro project in the autumn of 2023.

European Central Bank officials laid out objectives for its retail digital euro as its two-year CBDC experiment continues. (Raimund Linke/ Getty)

Policy

Governments May Restrict Foreign Access to Their CBDCs, Riksbank Official Says

Not all countries “play nicely” with each other, complicating how central bank digital currencies will interact with other payment systems, said Cecilia Skingsley, first deputy governor at the Swedish central bank.

Cecilia Skingsley, deputy governor at Sveriges Riksbank said governments could complicate CBDC interoperability. (BIS)

Policy

ECB Would Limit Digital Euro to Maximum 1.5T, Says Fabio Panetta

The central bank's executive board member believes few people understand what a digital euro is because "it's complicated."

(Shutterstock)