Digital Euro

Digital Euro

Policy

Digital Euro Will Never Be Programmable, ECB’s Panetta Says

Some observers have touted restrictions on how people can spend their money as an advantage of a central bank digital currency.

Fabio Panetta (Horacio Villalobos#Corbis/Corbis via Getty Images)

Policy

European Finance Ministers Take Stock of Digital Euro Progress

Eurogroup, the body comprised of European finance ministers, said the introduction of a digital euro requires political decisions that should be discussed and taken at the political level.

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Policy

Private Banks to Manage Future Digital Euro Wallets, Transactions

The European Central Bank's new progress report on a central bank digital currency outlines the role of financial intermediaries.

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Policy

CBDCs May Need Global Regulation, EU Commissioner Says

Paolo Gentiloni says a series of international agreements may be needed to stop state-backed digital currencies from infringing on countries' sovereignty.

EU Commissioner Paolo Gentiloni (Thierry Monasse/Getty Images)

Policy

Slicing the Elephant: Inside the Design of a Digital Euro

There are plenty of decisions yet to be made about the landmark CBDC, the head of the ECB’s digital euro project, Evelien Witlox, tells CoinDesk.

The digital euro project manager at the ECB says the bank has sliced the elephantine task of developing the CBDC into smaller decisions. (Yuko Suzuki/EyeEm/Getty Images)

Policy

EU Lawmakers Attack Amazon’s Involvement in Digital Euro Project

Lawmakers from different parties cited worries over data privacy and taxation.

Amazon was selected to develop an e-commerce app for a digital euro. (Christian Wiediger/Unsplash)

Policy

Peer-to-Peer Validation for Digital Euro Might Not Be Feasible, ECB Says

The central bank will soon start developing a rulebook for its CBDC initiative.

The European Central Bank is revealing more details of its plans for a digital euro. (Manuel Breva Colmeiro/Getty Images)

Policy

ECB Official Defends Amazon’s Role in Testing a Digital Euro

Being independent in payments shouldn’t mean protectionism, central banker Jürgen Schaaf said.

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Policy

Digital Euro Could be More Popular Beyond EU's Borders: Lagarde

Authorities in the EU, U.S. and other jurisdictions need to compare notes on central bank digital currencies to regulate them better, according to the ECB chief.

ECB President Christine Lagarde (Thierry Monasse/Collaboratore/Getty Images)

Policy

ECB Exploring Distributed Ledger Technology for Interbank Settlements: Panetta

A system that builds on existing interbank settlement infrastructure instead of one based entirely on DLT can be implemented "more rapidly" according to ECB executive board member Fabio Panetta.

The EU flag (Christian Lue/Unsplash)