Eesti Pank announced it had discovered a “novel blockchain-based solution could in theory support almost unlimited numbers of payments being processed at the same time.”
The ECB is one of the most powerful central banks globally, setting monetary policy for the Euro area. With this latest announcement, we now have official confirmation that one of the biggest of them all is doing a lot more than just looking at them.
Spain’s ruling Spanish Socialist Party (PSOE) has proposed the creation of a research group to examine how a digital euro might work in the Southern European nation.
Among the responses, the bank said it had received a number of helpful technical contributions on how best to realize the digital euro.
A list of celebrity tech investors is looking into the latest buzzword in the blockchain industry—non-fungible tokens (NFTs).
ECB President Christine Lagarde set out the intricate decision making process involved for the bank in a Bloomberg interview, in which she indicated it may be 2025 before any digital currency would be ready.
Fabio Panetta wants a €3,000 threshold for digital euro users to hold, beyond which they would incur a penalty, such as negative interest rates.
In this episode of CoinGeek Pulse, we hear some encouraging news coming from the European Central Bank.
The European Central Bank is in the process of a consultation on a digital euro, with a decision on whether to move forward with the central bank digital currency set for January 2021.
Rainer Olt, head of Payments and Settlement Systems Department, said Eesti Pank wants to “address and overcome the bottlenecks of DLTs for bearer CBDC.
The report suggests that the bank would be open to considering both centralized and decentralized models for the digital currency.