Category: ECB

ECB wants final say on the legal status of private stablecoins in the EU

February 23, 2021

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The European Central Bank has demanded veto power from lawmakers in the European Union over private stablecoin projects like Diem. 4152 Total views 17 Total shares The European Central Bank has finally sent its formal opinion on crypto regulations to the European Commission. According to Reuters, the ECB has asked EU lawmakers for veto powers […]

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ECB’s Lagarde says central banks holding Bitcoin is ‘out of the question’

February 11, 2021

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The head of the European Central Bank (ECB) thinks that central banks worldwide will not be holding Bitcoin (BTC) any time soon. In a conference call with The Economist on Feb. 10, Christine Lagarde showed herself to be firmly risk-off when it came to decentralized cryptocurrencies. “Out of the question” “It’s very unlikely — I […]

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European Commission, ECB Unite to Consider Potential Pitfalls of the Digital Euro

January 20, 2021

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The digital euro project may get underway in mid-2021 after a period of review. Jan 20, 2021 at 1:01 p.m. UTCUpdated Jan 20, 2021 at 2:19 p.m. UTC European Commission, ECB Unite to Consider Potential Pitfalls of the Digital Euro The European Commission and the European Central Bank (ECB) are teaming up to consider potential […]

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First Mover: Stimulus Bet Wins Even as Bitcoin Slips Below $18K

December 11, 2020

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Dec 11, 2020 at 2:10 p.m. UTCUpdated Dec 11, 2020 at 2:43 p.m. UTC It’s taking bigger numbers to count the dollars and euros outstanding. (Wikiart, modified by CoinDesk) First Mover: Stimulus Bet Wins Even as Bitcoin Slips Below $18K Bitcoin (BTC) was lower for a second day, slipping below $18,000 to the lowest in […]

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European central bankers predict that the digital euro is at least five years away

November 30, 2020

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Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition. 2050 Total views 17 Total shares Several experts from various European banks agreed that even a proof of concept for a digital euro is four or five years away. In a panel on Monday called “Upgrading […]

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First Mover: Bitcoin Falls as COVID-19 Surges, ECB’s Lagarde Steps Up, US GDP Hits 33%

October 29, 2020

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Oct 29, 2020 at 12:56 UTCUpdated Oct 29, 2020 at 13:41 UTC European Central Bank President Christine Lagarde.(ECB, modified by CoinDesk) First Mover: Bitcoin Falls as COVID-19 Surges, ECB’s Lagarde Steps Up, US GDP Hits 33% Bitcoin was lower for a second day, even as traditional markets showed signs of stabilization following Wednesday’s sell-off.  Cryptocurrency […]

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