Latest European Central Bank News

Euro and European Union sign
Business 4 October 2023

ECB inches forward with plans for wholesale CBDC

The European Central Bank explores blockchain technology for CBDC settlements, plans trial in 2024 while progressing toward digital euro with focus on user privacy, inclusion, and commercial bank concerns.

Digital Euro card
Business 7 September 2023

European Central Bank embraces digital euro

Fabio Panetta of the ECB claims the proposed legislation on the region's digital euro would be beneficial to European citizens while keeping the monetary policy on a tight leash to avoid instability.