european central bank

Central Banks Team On Digital Currency Standards And Use Cases
Central Banks Team On Digital Currency Standards And Use Cases
January 21, 2020  |  Cryptocurrency

And now, for digital currencies, it’s a group effort — among central banks, that is. Up until now, the explorations and considerations of digital currencies...

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Top News In Payments: Apple Shares Hit Record High; CA Denies Lending License For Sezzle
Top News In Payments: Apple Shares Hit Record High; CA Denies Lending License For Sezzle
January 03, 2020  |  News

In today’s top payments news, Apple’s share price hit a record high above $300 on Thursday, “buy now, pay later” company Sezzle was denied a...

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ECB Policy Maker Tells Banks To Seek Better Alternatives To Libra
ECB Policy Maker Tells Banks To Seek Better Alternatives To Libra
January 02, 2020  |  Cryptocurrency

A European Central Bank (ECB) policy maker is urging banks in the area to find alternatives to Facebook’s proposed cryptocurrency Libra, according to a report...

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Fed’s Brainard: Stablecoins Pose Risk To Consumers
Fed’s Brainard: Stablecoins Pose Risk To Consumers
December 18, 2019  |  Cryptocurrency

Federal Reserve Gov. Lael Brainard on Wednesday (Dec. 18) outlined key risks associated with cryptocurrency in general and Facebook’s Libra in particular. A member of...

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ECB Head Calls For Clear Goals On Potential Crypto
ECB Head Calls For Clear Goals On Potential Crypto
December 12, 2019  |  Cryptocurrency

The head of the European Central Bank (ECB), Christine Lagarde, said she wants a task force to identify clear objectives regarding the ECB’s proposed digital...

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European Lenders Announce 60K Job Cuts
European Lenders Announce 60K Job Cuts
December 08, 2019  |  International

European banks have been forced to slash more than 60,000 jobs as they face falling profitability, The Financial Times reported on Saturday (Dec. 7). Lenders...

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EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
December 05, 2019  |  Cryptocurrency

EU finance ministers came to an agreement on Thursday (Dec. 5) that digital currencies like Facebook’s Libra have no place in the European Union unless...

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ECB Has Considered Crypto To Cut Global Payment Costs
ECB Has Considered Crypto To Cut Global Payment Costs
December 04, 2019  |  Cryptocurrency

The European Central Bank (ECB) has considered using a public digital currency if international payments inside of Europe stayed too expensive.  Reuters reviewed a confidential...

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Top News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On Logistics
Top News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On...
November 11, 2019  |  News

In today’s top payments news, a potential competitor to Facebook’s Libra cryptocurrency is making progress, and one of the year’s biggest eCommerce events sets a...

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