Digital Euro

Digital Euro

Policy

Crypto Remains a Threat: ECB Chief Christine Lagarde

Crypto service providers are accomplices to circumventing Russia sanctions, Lagarde said during an appearance at the Bank for International Settlements’ Innovation Summit on Tuesday.

ECB President Christine Lagarde (Alex Kraus/Bloomberg via Getty Images)

Policy

ECB’s Lagarde Supports Acceleration of Digital Euro Work

Concerns over crypto’s role in evading sanctions have prompted regulators worldwide to speed up efforts in the sector.

European Central Bank (ECB) President Christine Lagarde (Ronald Wittek/Getty Images)

Policy

The Digital Euro: What We Know So Far

The European Commission is planning to introduce a digital euro bill in 2023, but little is known about the European Union's plans for such a currency.

The European Commission wants to introduce a digital euro bill in 2023. (Carlos Moreno / Flickr)

Finance

ECB Hires Former ING Director as Digital Euro Program Manager

Evelien Witlox starts in January and will work on the ECB’s investigation phase of the digital euro project.

ECB image via Shutterstock

Policy

Digital Euro Isn’t Guaranteed After Experiment, ECB Advisor Says

The European bank’s two-year digital euro experiment will focus on a retail CBDC.

FRANKFURT AM MAIN, GERMANY MARCH 27: (BILD ZEITUNG OUT) Sculpture with the euro logo in front of the European Central Bank building on March 27, 2020 in Frankfurt am Main, Germany. (Photo by Mario Hommes/DeFodi Images via Getty Images)

Policy

Bundesbank President Favors Limited Initial Role for Digital Euro

Jens Weidmann voiced concern that during crises consumers would hold all their money with the central bank, cutting off commercial banks’ funding.

Jens Weidmann. (Clemens Bilan/Getty Images)

Markets

Ireland's Central Bank Governor Says Digital Euro Is 'Very Likely'

Introducing a digital euro would represent a "fundamental shift" in the eurozone's financial architecture, Governor Gabriel Makhlouf noted.

The European Union's flag

Markets

Bank of Estonia Finds 'Unlimited' Potential in Digital Euro Test

Eesti Pank found a blockchain-based solution could support an almost unlimited numbers of payments being processed at the same time.

Estonian, EU flags.

Videos

European Central Bank Moves to Start Digital Euro Project

The European Central Bank (ECB) said Wednesday it would move from discussion to exploration in its plans to develop a eurozone central bank digital currency (CBDC). “The Hash” panel discusses the outlook for the digital euro, raising concerns over privacy and financial sovereignty.

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Markets

ECB Moves to Start Digital Euro Project

The ECB has been discussing the potential launch of a eurozone central bank digital currency since the beginning of the year.

ECB President Christine Lagarde.