Costs presently outweigh benefits, and so the European Central Bank (ECB), “has no plans to issue a central bank digital currency,” at this time, though it is investigating the matter, says ECB president, Mario Draghi. Draghi made the comments in a September 12th letter responding… Read More
Earlier today, Yves Mersch, Member of the Executive Board of the European Central Bank, spoke at a forum in London. Mersch addressed the topic du jour: cryptocurrencies and the future of virtual money in the digital age. Mersch posed the question as to whether or… Read More
Speaking in Brussels last week, Mario Draghi, President of the European Central Bank (ECB), addressed the topic of digital currencies. Siegfried Mureşan (PPE), speaking on behalf of Tom Vandenkendelaere who was unable to attend the meeting, posed this question to Draghi regarding the emergence of cryptocurrencies; “Over… Read More
The European Central Bank (ECB) has published a “Guide to assessments of Fintech credit institution licence applications.” The purpose of the Guide is described as seeking to enhance transparency for potential Fintech bank applicants and increase their understanding of the procedures and criteria applied by… Read More
During a hearing of the Committee on Economic and Monetary Affairs of the European Parliament, Mario Draghi, President of the European Central Bank, addressed the hot topics of Fintech and Blockchain technology (Distributed Ledger Technology or DLT). In prepared remarks, Draghi spoke about the economic… Read More
One day, in the not so distant future, taking trips to the local bank branch will be a thing of the past. No more queuing up to be scowled at while swiping a plastic card. Yes, I know. My parents and your parents cannot imagine… Read More
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