ECB
ECB Doubles Down on Warning That Stablecoins Could Pose Global Financial Risks
The EU’s central bank says stablecoins draw value from eurozone banks and could pose a risk to global financial stability.
ECB President Lagarde Calls for Firm Safeguards on Foreign Stablecoins
Stablecoins should comply with the bloc’s regulatory standards before operating on EU soil, Lagarde argued.
ECB Says U.S.-Backed Stablecoin Use in EU Could Weaken Its Monetary Autonomy
U.S. dollar stablecoins will cement their dominance unless alternatives like the digital euro arise, an adviser to the European Central Bank said.
Ex-ECB Official Urges Europe to Back Euro Stablecoins or Risk Losing Financial Power
Ex-ECB board member Lorenzo Bini Smaghi warned the EU's slow roll-out of euro stablecoins could cede control to dollar-backed tokens.
EU Central Bank Commits to Distributed Ledger Technology Settlement Work
"The decision is in line with the Eurosystem’s commitment to supporting innovation without compromising on safety and efficiency in financial market infrastructures," a release said.
ECB Establishes Innovation Hub to Test Digital Euro as Preparation Phase Nears End
The hub has 70 participants including Accenture, KPMG and CaixaBank.
ECB, European Commission Clash on MiCA Changes Over U.S. Crypto Policies: Report
The European Central Bank said U.S. support for crypto could result in damage to the European Union's financial stability.
Digital Euro Needed to Counter Stablecoins, Non-European Big Tech, ECB Chief Economist Says
Philip Lane said the prevalence of electronic payments using Apple Pay, Google Pay and PayPal "exposes Europe to risks of economic pressure and coercion."
ECB's Villeroy Says U.S. Crypto Support Could Trigger Next Financial Emergency
The U.S. "risks sinning through negligence," Villeroy said in an interview with French newspaper La Tribune Dimanche
ECB Targets October to Finish Digital Euro Preparation Phase
Lawmakers recently raised concerns regarding the digital euro.
