Digital Euro

Digital Euro

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Fiery Public Hearing on Digital Euro Sees Experts Diverge on Key Issues

Expert witnesses answered lawmaker questions on holding limits, impact on banking systems and privacy for an EU central bank digital currency.

EU considers digital euro (Immo Wegmann/Unsplash)

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Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says

A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.

Former Bank of Spain Governor Miguel Fernandez Ordonez (CoinDesk)

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Digital Euro Isn't Pressing, but Work Should Continue: Spanish Central Bank Governor

Europe's "highly efficient" payment systems leave space to address social and financial concerns of a central bank digital currency, Pablo Hernández de Cos said.

Pablo Hernández de Cos (Horacio Villalobos Corbis/Corbis via Getty Images)

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Digital Euro Project Moves to 'Preparation' Phase

The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday.

(MichaelM/Pixabay)

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EU Privacy Watchdog Takes Aim at ‘Excessive Centralization’ of Digital Euro

The central bank digital currency has met significant opposition from lawmakers worried over the potential for state snooping

EU officials are touting the benefits of a digital euro. (Ervins Strauhmanis/Flickr)

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Italy’s Cipollone Defends Digital Euro as He Seeks ECB Role

Remarks at a parliamentary hearing suggest no digital currency swerve when Fabio Panetta steps down from his role at the European Central Bank in November.

Piero Cipollone was grilled by EU lawmakers (European Parliament)

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EU Plans for Wholesale CBDC Out Within Weeks, French Central Banker Says

A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens.

François Villeroy de Galhau of the French central bank (IMF/Flickr)

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Digital Euro at Least 2 Years Away, ECB’s Lagarde Says

The European Central Bank chief said she wanted to address “conspiracy theories” about CBDCs and government snooping.

ESRB Chair Christine Lagarde (ECB/Flickr)

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Digital Euro Conspiracy Theories and Privacy Concerns Put EU Central Bankers in the Hot Seat

Officials promise privacy controls for the possible new CBDC, but are less clear how to respond to wilder opposition.

EU officials are struggling with opposition to digital euro plans (Manuel Augusto Moreno/Getty Images)

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Controversial Digital Euro Plan to Be Led by Architect of Landmark MiCA Crypto Law

Center-right lawmaker Stefan Berger, who previously negotiated the MiCA crypto law for the European Parliament, now heads up a CBDC proposal many colleagues are skeptical about.

The EU has passed new crypto laws (Pixabay)