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Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.

Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.

Central Banks to Cross-Examine Libra’s Founders in Switzerland

Central Banks to Cross-Examine Libra’s Founders in Switzerland

The European Central Bank (ECB) officials and 25 global central banks will be meeting with Libra’s founders to assess the project.

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.

Ethereum Ranks 9th in Market Valuation Among Leading Global Banks

Ethereum Ranks 9th in Market Valuation Among Leading Global Banks

Ethereum ranks 9th when compared to the world's largest banks in terms of market cap, according to CompaniesMarketCap.

European Central Bank Plans to Take the Lead on Stablecoins

European Central Bank Plans to Take the Lead on Stablecoins

European Central Bank President Christine Lagarde has urged the ECB to take the lead regarding stablecoins, citing increased interests in the space from central banks in Britain, Canada, and China.

European Blockchain Convention reinvents itself to remain the leading congress in Europe

European Blockchain Convention reinvents itself to remain the leading congress in Europe

European Blockchain Convention Virtual becomes the meeting point of the Blockchain Industry this year in Europe. The congress, which will be held on September 21 and 22, will feature workshops, presentations, panel discussions and more than 100 world-class speakers. EBC will provide access to an AI-powered networking platform to facilitate virtual one-to-one meetings between over 1.500 attendees.

PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission

PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission

In a letter to the European Commission in March 2020, payment giant PayPal has now confirmed that has it is actively working to bring cryptocurrencies capabilities on its platform. In the detailed letter, PayPal said that it has taken tangible and unilateral steps to further develop its capabilities in the cryptocurrency space.

CBDCs Are Bad News to European Banks, says Bank of America Analysts

CBDCs Are Bad News to European Banks, says Bank of America Analysts

Bank of America analysts have made important revelations concerning the launch of CBDCs. They recently disclosed that CBDCs are bad news to European Banks.

Bitcoin Billionaire Winklevoss Slams European Central Bank Money Printing Despite Strong Euro

Bitcoin Billionaire Winklevoss Slams European Central Bank Money Printing Despite Strong Euro

Bitcoin billionaire and Gemini Exchange Founder Tyler Winklevoss Slams European Central Bank's continued stimulus and low refinancing rates despite a strong Euro.

Bitcoin Will Not Likely Be Held by Central Banks in the Future, Says ECB President Christine Lagarde

Bitcoin Will Not Likely Be Held by Central Banks in the Future, Says ECB President Christine Lagarde

Christine Lagarde, the President of the European Central Bank, has once again made her stance on Bitcoin clear.

ECB Report: Striking the Balance Between Allowing Privacy and Ensuring Compliance with CBDC

ECB Report: Striking the Balance Between Allowing Privacy and Ensuring Compliance with CBDC

The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.

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