Latest European Central Bank News

Business 18 September 2021

‘No guarantees’ on digital euro, ECB advisor says

Jürgen Schaaf said the test phase is still in trial for the technology and banks would experiment with digital currency to determine whether to roll out its central bank digital currency more widely.

Business 20 July 2021

ECB gives digital euro the green light: Here are some key insights

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.

Business 6 April 2021

ECB chief: Digital euro could take 4 years

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.

Business 1 March 2021

European Central Bank demands veto for EU stablecoins

In a formal opinion submitted to the European Commission on digital currency regulation, the ECB said lawmakers should delegate powers over regulating private stablecoins like Diem within the trading zone.

Business 17 November 2020

ECB president predicts digital euro in 2-4 years

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.

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