Quick Breakdown ECB is pushing ahead with plans for a digital euro despite lawmakers’ concerns. Critics warn of privacy risks and potential harm to commercial banks. Legislation could pass in 2026, with a full rollout expected by 2029. Digital euro debate reignites in European Parliament The European Central Bank (ECB) ...
The European Central Bank (ECB) is eyeing Poste Italiane as a potential ally in the final phase of launching the digital euro, according to ECB executive board member Piero Cipollone. Speaking during a virtual event hosted by the Italian Alliance for Sustainable Development (ASviS), Cipollone highlighted the importance of reaching ...
The European Central Bank (ECB) is doubling down on plans for a digital euro, warning that cash alone may no longer be sufficient in an era increasingly dominated by private digital payment systems. Speaking at the France Payments Forum on May 15, ECB executive board member Piero Cipollone emphasized that ...
COTI, a privacy-focused layer-2 protocol built on Ethereum, has been selected as an early partner in the European Central Bank’s (ECB) digital euro initiative. The announcement via a blog post on Monday, May 5, marks a major milestone for COTI, which previously contributed to the Bank of Israel’s digital shekel ...
The European Central Bank and the European Commission are in a standoff over the resilience of the EU’s new cryptocurrency regulations, questioning whether they can hold up against financial volatility that could arise if Donald Trump returns to the U.S. presidency. According to a policy paper obtained by POLITICO, the ...
The European Central Bank (ECB) faces challenges in generating consumer interest in a potential central bank digital currency (CBDC), specifically the digital euro. A recent ECB working paper based on a survey of about 19,000 respondents from 11 euro-area countries found that European households are indifferent primarily to the digital ...
Christine Lagarde, President of the European Central Bank (ECB), has stated that Bitcoin will not be included in the official reserves of central banks within the European Union (EU). According to Bloomberg, Lagarde stated this in response to recent comments from Aleš Michl, Governor of the Czech National Bank (CNB), ...
The European Central Bank (ECB) emphasizes the significance of a digital euro by introducing a digital euro project competing with U.S. dollar-backed cryptocurrencies. The project aims to enhance secure payments in the eurozone and reduce reliance on non-European providers by introducing digital central bank money. A decision on the project's ...
European Parliament member Sarah Knafo has urged the European Union (EU) to adopt Bitcoin as a strategic reserve while opposing the European Central Bank’s (ECB) proposed “digital euro.” In a recent speech shared via X before the European Parliament, Knafo, a French magistrate and lawmaker since June, criticized the ECB’s ...
The European Central Bank calls for quicker action on the digital euro, warning that ongoing legislative delays could jeopardize progress as global competition intensifies. In an interview with Euronews, Evelien Witlox, the ECB's project manager for the digital euro, emphasized the need for Europe to accelerate its development of a ...
