european central bank

Banking Panel: CDBCs Will “Likely” Become Legal Tender 
Banking Panel: CDBCs Will “Likely” Become Legal Tender 
November 09, 2021  |  CBDC

Central bank digital currencies (CBDC) will likely become legal tender in their home countries, officials from two European central banks said Tuesday (Nov. 9).  Speaking...

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ECB Board Member: Digital Euro Would Not Be Redundant
ECB Board Member: Digital Euro Would Not Be Redundant
November 05, 2021  |  CBDC

European Central Bank executive board member Fabio Panetta promised that the digital euro will be appealing to users and won’t be overwhelmed by other private...

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ECB Shuns Visa, Mastercard, PayPal for Digital Euro Advisory Panel
ECB Shuns Visa, Mastercard, PayPal for Digital Euro Advisory Panel
October 25, 2021  |  CBDC

The European Central Bank (ECB) has announced the 30 people to be on its Market Advisory Group for its digital euro project, according to a...

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Tackling Privacy Concerns Would Be Key to Ensuring Digital Euro Is Embraced by EU Citizens
Tackling Privacy Concerns Would Be Key to Ensuring Digital Euro Is Embraced by EU Citizens
September 24, 2021  |  Cryptocurrency

It is possible that an electronic version of euro notes and coins may one day be widely available for use in Europe. But while the...

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TIPS System Glitch Stalls European Banks
TIPS System Glitch Stalls European Banks
August 10, 2021  |  Banking

A glitch in the European Central Bank’s payment system late Monday (Aug. 9) left several EU financial institutions stranded during the vital hours near the...

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Today In Digital-First Banking: Revolut Lands $800M At $33B Valuation; Transcard Launches Smart Disburse Platform
Today In Digital-First Banking: Revolut Lands $800M At $33B Valuation; Transcard Launches Smart Disburse Platform
July 15, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Revolut notched $800 million at a $33 billion valuation, while Transcard launched a Smart Disburse product for companies,...

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EU’s Exploration Of Digital Euro Seen As Threat To Other Volatile Cryptocurrencies
EU’s Exploration Of Digital Euro Seen As Threat To Other Volatile Cryptocurrencies
July 15, 2021  |  Cryptocurrency

In world that is literally filled with crypto volatility and speculation, Europe’s appetite for something that is more stable is understandable. The European Central Bank’s...

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ECB Begins ‘Investigation Phase’ Of Digital Euro Project
ECB Begins ‘Investigation Phase’ Of Digital Euro Project
July 14, 2021  |  International

The European Central Bank announced on Wednesday (July 14) that it will begin the investigation phase of its digital euro project. The bank’s governing council...

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Morgan Stanley Estimates 8 Pct Of Bank Deposits Could Be Impacted By A Digital Euro
Morgan Stanley Estimates 8 Pct Of Bank Deposits Could Be Impacted By A Digital Euro
June 16, 2021  |  Cryptocurrency

Morgan Stanley analysts have said a digital euro might preclude a decline of 8 percent of consumer deposits from euro zone banks, Reuters writes. The...

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