ecb

Digital Payment Growth Threatens EU Consumers’ Cash Usage
Digital Payment Growth Threatens EU Consumers’ Cash Usage
January 11, 2023  |  Cash

Around a third of eurozone consumers have reduced their cash usage compared to pre-pandemic levels. According to the results of a recent European Central Bank...

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Eurozone’s 9.2% Headline Inflation Rate Masks Deep Lingering Pain
Eurozone’s 9.2% Headline Inflation Rate Masks Deep Lingering Pain
January 09, 2023  |  Economy

Eurozone inflation has dropped back into the single figures after two months of double-digit rates. The latest figures from the EU statistics agency Eurostat estimate...

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Central Banks Pursue CBDCs in 2023 but Diverge on Design
Central Banks Pursue CBDCs in 2023 but Diverge on Design
January 02, 2023  |  CBDC

Central banks around the world have diverged in the design of CBDCs. As the investigation phase of the European Central Bank’s (ECB) digital euro project...

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Lagarde: ‘Low-Value, Low-Risk’ Digital Euro Payments Could Be Anonymous
Lagarde: ‘Low-Value, Low-Risk’ Digital Euro Payments Could Be Anonymous
November 14, 2022  |  CBDC

In a video address as part of a high-level conference on the digital euro earlier this month, the president of the European Central Bank (ECB),...

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ECB Chair: Regulating Crypto Asset Platforms an ‘Interesting Challenge’
ECB Chair: Regulating Crypto Asset Platforms an ‘Interesting Challenge’
November 13, 2022  |  Cryptocurrency

With crypto exchange FTX under multiple investigations in the wake of its bankruptcy filing on Friday (Nov. 11), regulators around the world are reevaluating the...

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As Windfall Tax Calls Grow, ECB Warns of Impact on Cost of Credit
As Windfall Tax Calls Grow, ECB Warns of Impact on Cost of Credit
November 07, 2022  |  Taxes

As British Prime Minister Rishi Sunak’s government attempts to move on from the short-lived Truss tenure, all signs point toward a major realignment of the...

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Swift Delays ISO 20022 Implementation Until March
Swift Delays ISO 20022 Implementation Until March
October 28, 2022  |  Banking

Swift, which operates the global financial messaging service by the same name, on Thursday (Oct. 27) announced its decision to delay the migration to a new...

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Today in Crypto: Fraudster Takes $100M in Solana Heist; Fed’s Barr Calls Crypto Deposits ‘Liquidity Risks’
Today in Crypto: Fraudster Takes $100M in Solana Heist; Fed’s Barr Calls Crypto Deposits ‘Liquidity...
October 12, 2022  |  Cryptocurrency

A European Central Bank (ECB) study found that retail central bank digital currencies (rCBDCs), which would be used for everyday retail transactions, will see difficulties...

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ECB Study Notes Challenges For Stablecoin Acceptance
ECB Study Notes Challenges For Stablecoin Acceptance
October 11, 2022  |  CBDC

A new study from the European Central Bank (ECB) has found that retail central bank digital currencies (rCBDCs), which could be used to allow for...

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