Digital euro still has many question marks among banks
The European Commission wants to complete a digital euro to make transactions easier for Europeans. In addition, it would be a stable alternative to the wild west of crypto currencies because the European Central Bank (ECB) guarantees its value. However, the Dutch banking association NVB wants more... Read more
‘ECB says digital euro will be free to all but limited in scope’
The digital euro will be free to use and available to all, but the European Central Bank (ECB) does not want to let people make programmed, regular payments to cover transactions like bills or rent.
ECB Executive Board Member Fabio Panetta gave the assurances on Monday in a speech to the Europea... Read more
Banks of Sweden, Norway and others team up for digital currency trial
The Swedish Riksbank announced that the Norwegian, Israeli and Swedish central banks have joined hands with the Bank for International Settlements to try out international remittance and retail payments using digital currencies.
The partnership of the central banks of Norway, Sweden, Israel and ... Read more
European Central Bank to launch a digital euro prototype
The European Central Bank, Amazon and four other companies are ready to develop a prototype of the digital euro.
The European Central Bank has selected five companies to assist in the testing of the future digital euro project. The conglomeration of banks -- including Nexi, Italy's EPI, France's... Read more
ECB claims Digital Euro will protect Europe from big tech
Fabio Panetta, the former Director of the Bank of Italy, explains the progress made on the Euro central bank digital currency. Many observers noted that his comments and rhetoric seem to follow a monotonously familiar approach.
The European Central Bank has a habit of playing up threats or confl... Read more
ECB starts its long bureaucratic march toward a digital euro
The European Central Bank took a first step toward launching a digital version of the Euro on Wednesday. This is in part to meet the global demand for electronic means of payment, as well as take on the cryptocurrency boom.
The electronic equivalent of paper and coin currency in the EU will most... Read more