While a decision is not yet final, the European Central Bank (ECB) has entered the “preparation phase” to issue a digital Euro. The ECB has been ruminating on the pros and cons of a central bank digital currency (CBDC) for some time now. This most… Read More
European Central Bank (ECB) Member of the Executive Board, Fabio Panetta, has issued a speech on a central bank digital currency (CBDC) advocating on behalf of issuing a digital Euro. Europe, like many other jurisdictions around the world, is reviewing the pros and cons of… Read More
European Central Bank (ECB) President Christine Lagarde hammered cryptocurrencies this past week during an interview with a Dutch broadcaster according to a report in Bloomberg. Lagarde, an EU official who has long expressed her interest in digital assets, is quoted stating: “My very humble assessment… Read More
The European Central Bank (ECB) reports that it has received 8221 comments regarding its consultation on a digital euro or central bank digital currency (CBDC). Chief among the comments are privacy concerns as government ledgers for a digital currency raises serious questions about data control…. Read More
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