digital euro Archives

Slovakia embeds cash usage in constitution amid digital euro fears

Business

Steve Kaaru

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22 June, 2023

Slovakia embeds cash usage in constitution amid digital euro fears

Slovak legislators worry that the digital euro will start out as an alternative but will soon be mandatory, and they...

European regulators mull digital euro, MiCA and stablecoins in new report

Business

Steve Kaaru

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3 May, 2023

European regulators mull digital euro, MiCA and stablecoins in new report

While the digital euro will boost financial inclusion, it has the risk of bank disintermediation; regulators say as they called...

Business

Steve Kaaru

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30 April, 2023

Digital euro users want P2P payments, budget management, and QR codes: study

Commissioned by the ECB, the study also found that users want offline payments and programmability, with the underbanked most needing...

Digital euro access, onboarding and distribution outlined in latest ECB report

Business

Steve Kaaru

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27 April, 2023

Digital euro access, onboarding and distribution outlined in latest ECB report

The digital euro will be distributed to residents and merchants in the Euro Area first, but European Central Bank admits...

Research, but don’t launch a digital euro: European Parliament report

Business

Steve Kaaru

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26 April, 2023

Research, but don’t launch a digital euro: European Parliament report

The digital euro is a solution in search of a problem, according to the report, noting that the central bank...

European Banking Federation bares goals for a digital euro ecosystem in new report

Business

Wahid Pessarlay

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1 April, 2023

European Banking Federation bares goals for a digital euro ecosystem in new report

A successful application of a digital euro hinges on three levels: issuance, convertibility, AML mandates, and policies; interation on SEBA...

Denmark’s central bank dismisses need for CBDC despite dip in cash usage

Business

Steve Kaaru

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1 April, 2023

Denmark’s central bank dismisses need for CBDC despite dip in cash usage

The governor of Danmarks Nationalbank says that a dip in cash usage recently doesn’t signal a loss in trust in...

Italian banks support digital euro, but express concern over bank disintermediation

Business

Steve Kaaru

-

24 March, 2023

Italian banks support digital euro, but express concern over bank disintermediation

The Italian Banking Association wants a programable digital euro—which the European Central Bank is against—as long as it complements existing...

German banks want commercial banks to lead in digital euro launch

Business

Wahid Pessarlay

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17 March, 2023

German banks want commercial banks to lead in digital euro launch

Amid the risks, the Association of German Banks recognized the benefits of the digital euro, urging the ECB to allow...

ECB touts digital euro benefits: ‘A payment solution for any occasion at any time’

Business

Steve Kaaru

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15 March, 2023

ECB touts digital euro benefits: ‘A payment solution for any occasion at any time’

In a new document, the European Central Bank breaks down the incentives and compensation of the digital euro, saying it...

ECB seeking stakeholder input on the digital euro rulebook

Business

Steve Kaaru

-

10 January, 2023

ECB seeking stakeholder input on the digital euro rulebook

The European Central Bank officially opened the application for those interested in joining the Rulebook Development Group, with the application...

Germany’s DZ Bank to offer custodial services for the digital euro, other virtual assets

Business

Wahid Pessarlay

-

8 October, 2022

Germany’s DZ Bank to offer custodial services for the digital euro, other virtual assets

Seeking to address client demands amid soaring digital asset adoption rates, DZ Bank will offer custody services from scratch that...

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