European Central Bank
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.
European Central Bank Moves to Start Digital Euro Project
The European Central Bank (ECB) said Wednesday it would move from discussion to exploration in its plans to develop a eurozone central bank digital currency (CBDC). “The Hash” panel discusses the outlook for the digital euro, raising concerns over privacy and financial sovereignty.
ECB Moves to Start Digital Euro Project
The ECB has been discussing the potential launch of a eurozone central bank digital currency since the beginning of the year.
Market Wrap: Bitcoin Consolidates Amid China Crackdown
China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.
European Central Bank Can Better Protect Digital Payment Privacy, Exec Board Member Says
Privacy in the digital euro is a focal point for Europeans as are concerns of security and interoperability.
Morgan Stanley Says Digital Euro Could Deplete Bank Deposits by 8%: Report
Smaller countries such as Greece, Latvia, Lithuania and Estonia would be hit the hardest.
ECB’s Christine Lagarde Says Digital Euro Should Launch Within Four Years
European Central Bank (ECB) President Christine Lagarde says the institution could launch a digital currency within four years. In the midst of the ongoing debate over central bank digital currencies (CBDCs) and private stablecoins, is Lagarde setting a realistic timeline and standard for the rest of the world?
Bitcoin Winning Streak Now at 7 Days as Fresh Stimulus Keeps Inflation Bet Alive
Some analysts predict this rally could push bitcoin past $60,000 for the first time.
