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European Central Bank
Digital Euro to Focus on Personal Use, Not Web3, EU Officials Say
The central bank digital currency could fail if it doesn't offer something more than what cash and credit cards do, industry representatives remarked.
European Central Bank Exits Negative Rates as Bitcoin Digests Tesla Sales
Quantum Economics Bitcoin Analyst Jason Deane discusses how bitcoin and the wider crypto markets are digesting the impact of Tesla’s bitcoin sales and Thursday’s decision by the European Central Bank to potentially hike interest rates at an accelerated pace. Plus, his take on Coinbase’s alleged insider trading case.
First Mover Americas: ECB (Finally) Exits Negative Rates as Bitcoin Digests Tesla Sales
The latest price moves in crypto markets in context for July 21, 2022.
Major Banks Urge Caution With European Union's CBDC Plans
The European Commission should evaluate the impact of issuing a digital euro, the Institute of International Finance said.
EU Consultation Looks at Issues With a Digital Euro
The union's executive branch got the ball rolling Tuesday on the legislation needed to issue such a currency.
EU Digital Euro Designers Wrestle With Privacy Concerns
As the European Central Bank explores the development of a digital euro, designers might favor a centralized system that would inhibit people's transaction privacy. “The Hash” group discusses how user privacy should be protected in digital cash systems, drawing connections to crypto oversight in Canada amid the trucker protests.
Europe's CBDC Designers Wrestle With Privacy Issues
The European Central Bank will likely to opt for a centralized solution for its new digital euro, raising questions about state snooping.
Economist: Gold and the Yuan Are Being Used for Sanctions Evasion, Not Crypto
European Central Bank Chief Christine Lagarde is raising concerns regarding cryptocurrency being used for sanctions evasion, and Tressis’ Daniel Lacalle explains why he believes other alternatives like the Chinese yuan and gold are being used for the same purpose. Plus, a conversation on the state of Russia’s economy as the war in Ukraine wages on.
Crypto Remains a Threat: ECB Chief Christine Lagarde
Crypto service providers are accomplices to circumventing Russia sanctions, Lagarde said during an appearance at the Bank for International Settlements’ Innovation Summit on Tuesday.
Week in Review: BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus, Only 10% of Bitcoin Left to Mine
Taking a look at this past week’s stories making waves in the cryptocurrency space: The Bank of England (BOE) delivering a surprise interest rate hike, the European Central Bank (ECB) announcing an end to the crisis-era asset purchase program, and bitcoin officially surpassing 90% of its available supply.