European Commission: Digital euro bill due for early 2023
The European Commission also said that the bill proposed in early 2023 would serve as the legal foundation for the euro central bank digital currency (CBDC).
Latest European Central Bank News
ECB expands PISA framework to cover digital currencies and stablecoins
The Governing Council of the ECB has published a new oversight framework that will cover digital currencies and promised even more regulations for the sector.
ECB welcomes 30 members to new digital euro advisory group
Appointed members of the Digital Euro Market Advisory Group will advise on matters relating to the development of a digital euro and work on behalf of the Eurosystem.
Digital euro project adds Italian payments provider Nexi
Nexi is one of the biggest payments companies in Europe, the company offers payments services for other banks while also providing services for merchants and digital banking groups.
‘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.
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.
80 central banks looking at digital currencies: Christine Lagarde
One of the world’s most powerful central bankers, the European Central Bank's Christine Lagarde, confirmed that she was aware of 80 central banks currently looking at digital currencies.
Privacy most important factor for digital euro, ECB survey finds
Among the responses, the bank said it had received a number of helpful technical contributions on how best to realize the digital euro.
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.
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.
ECB exec proposes penalty for hoarding digital euro
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.
European Central Bank calls for greater regulation of BTC
Christine Lagarde said the digital currency was increasingly being used by criminals worldwide to cover their tracks online, and for laundering money beneath the detection of the authorities.