Tag: European Central Bank

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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...

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...

Cash Remains King as ECB Has No Plans to Issue Central Bank Digital Currency

The president of the European Central Bank (ECB) has issued a statement declaring that it and the Eurosystem currently have no plans to issue...

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...

ECB’s Director Tells Banks: Introduce Instant Payments to Counter Bitcoin

The director of the European Central Bank (ECB) has told banks that they must introduce instant payments to beat the rising popularity of bitcoin. Over...

ECB President: Digital Currencies Don’t Pose a Threat to the European Central Bank

The president of the European Central Bank (ECB) has said that digital currencies don't pose a threat to it despite their increasing market value. Speaking...