Tag: European Central Bank
The European Central Bank says the Digital Euro Is Important For Payments Sovereignty
According to an ECB exec, the digital euro provides a payment rail that could reduce Europe’s reliance on foreign providers like Visa and Mastercard. The…
Dozens of Economists Are Reportedly Urging The EU To”Let Public Interest Prevail” On the Digital Euro
68 economists are warning that relying on foreign payment firms threatens Europe’s control over its own currency. A public digital euro would guarantee access to…
European Central Bank: Bitcoin Is Quickly Becoming Irrelevant
The European Central Bank has issued a statement claiming that bitcoin is on its way out and closely approaching “irrelevance.” The European Central Bank Is…
Cryptocurrencies a “Fairy-Tale Story”, ECB Policymaker Says
A policy maker from the European Central Bank considers cryptocurrency to be a “fairy-tale story.” He’s also expressed his negativism on the matter, discarding the…
ECB’s Board Member: Central Bank Digital Currencies Unlikely in the Next Decade
Central bank-issued digital currencies have somewhat become a widely discussed topic, as more and more countries begin exploring them. However, according to a board member…
ECB Shelves Immediate CBDC Plans as Cash Retains Dominance
The president of the European Central Bank (ECB) has issued a statement declaring that it and the Eurosystem currently have no plans to issue a…
Harvard Economist: Bitcoin More Likely to Hit $100 in 10 Years Not $100,000
A Harvard professor and economist has made the bold claim that bitcoin will more likely be worth $100 in 10 years rather than $100,000. Speaking…
EU Financial Chief Says Europe Will Regulate Cryptocurrencies if Issues Aren’t Addressed
The European Union’s financial chief has said that if issues related to cryptocurrencies aren’t addressed it will take steps to regulate the market. Valdis Dombrovskis,…
ECB Chief Supervisor: Regulating Cryptocurrencies Isn’t a Top Priority
Despite increasing pressure from global authorities to regulate cryptocurrencies, for the European Central Bank it’s not high on their list of priorities. That’s according to Daniele…
