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Digital Euro News

Top Digital Euro Stories

Latest Digital Euro News

Bundesbank President unsure on digital euro’s holding limits
News
Read more - Bundesbank President unsure on digital euro’s holding limits

Bundesbank President unsure on digital euro’s holding limits

Bundesbank chief Joachim Nagel says no decision has been made thus far regarding holding limits for a digital euro. The European bloc has yet to determine the parameters of holding limits for a potential digital euro, as Bundesbank president Joachim…
UniCredit CEO endorses digital euro with banks’ role intact
News
Read more - UniCredit CEO endorses digital euro with banks’ role intact

UniCredit CEO endorses digital euro with banks’ role intact

UniCredit CEO Andrea Orcel voiced his support for a digital euro if only banks retain their central role in its implementation and operation. Digital euro could be a “very good” thing if financial lenders retain their central role, UniCredit CEO…
Money20/20: Digital euro is highly likely, says ECB’s Evelien Witlox
News
Read more - Money20/20: Digital euro is highly likely, says ECB’s Evelien Witlox

Money20/20: Digital euro is highly likely, says ECB’s Evelien Witlox

In her presentation at Money20/20, Evelien Witlox, Digital Euro Director at the European Central Bank, delved into the potential implications of a digital euro and how its inception would impact the Euro payment landscape Noting a decrease in cash usage…
German public believes digital euro could be used for surveillance
News
Read more - German public believes digital euro could be used for surveillance

German public believes digital euro could be used for surveillance

Germany’s Deutsche Bundesbank has revealed the results of its survey, showing that around 50% of the respondents could “generally imagine” using a digital euro. Many people in Germany are “open to the idea of the digital euro,” according to the…
Germany’s Bundesbank says households ‘appear open’ to CBDCs
News
Read more - Germany’s Bundesbank says households ‘appear open’ to CBDCs

Germany’s Bundesbank says households ‘appear open’ to CBDCs

Nearly 90% of German households “appear open” to the idea of embracing a central bank digital currency during banking stress, Germany’s Bundesbank says. A recent survey conducted by the Deutsche Bundesbank revealed that a very large majority of Germans “appear…
ECB details how the digital euro will future-proof the European market
News
Read more - ECB details how the digital euro will future-proof the European market

ECB details how the digital euro will future-proof the European market

The European Central Bank emphasizes that the digital euro will modernize and future-proof the pan-European financial ecosystem. 
ECB executive Fabio Panetta aims for digital euro expansion
News
Read more - ECB executive Fabio Panetta aims for digital euro expansion

ECB executive Fabio Panetta aims for digital euro expansion

The European Central Bank executive, Fabio Panetta, stated in a speech that the EC proposal for the digital euro could give the CBDC legal tender status. In a speech at the Economic and Monetary Affairs Committee, the executive said that…
IBM proposes ideas for digital euro implementation
News
Read more - IBM proposes ideas for digital euro implementation

IBM proposes ideas for digital euro implementation

A group of IBM specialists has prepared some ideas regarding implementing the digital euro that the European Commission could consider. The tech consulting company highlighted five topics that could help design the digital currency. The five areas where the company…
CBDCs explained: How could they impact global finance?
Feature
Read more - CBDCs explained: How could they impact global finance?

CBDCs explained: How could they impact global finance?

Central bank digital currencies (CBDCs) are increasingly becoming the forefront of financial discussions. As of 2023, about 130 countries, representing 98% of global GDP, are exploring the implementation of CBDCs. This piece delves into the specifics of CBDCs, benefits, and…
Digital euro proposal from European Commission seeks universal approval
News
Read more - Digital euro proposal from European Commission seeks universal approval

Digital euro proposal from European Commission seeks universal approval

On June 28, the European Commission unveiled its proposed legislative plan for a digital euro, with the intention of establishing it as a widely embraced and readily available payment method.
ECB member expects digital euro in three to four years
News
Read more - ECB member expects digital euro in three to four years

ECB member expects digital euro in three to four years

A European Central Bank’s (ECB) executive board member, Fabio Panetta, set a deadline of three to four years for the launch of the digital euro on the bank’s 25th anniversary. Panetta told Les Echos in an interview that 50 people…
Digital euro privacy decisions left with lawmakers says ECB
News
Read more - Digital euro privacy decisions left with lawmakers says ECB

Digital euro privacy decisions left with lawmakers says ECB

The European Central Bank (ECB) has guided that any privacy matters surrounding the digital euro will be left with the legislature.
EU institutions agree to prioritize new AML authority
News
Read more - EU institutions agree to prioritize new AML authority

EU institutions agree to prioritize new AML authority

The Joint Declaration released today by the European Commission, the European Parliament, and the Council provides a framework for implementing key legislative proposals.
Netherland citizens protests against Euro CBDC
News
Read more - Netherland citizens protests against Euro CBDC

Netherland citizens protests against Euro CBDC

Earlier, Thursday 24th of November, Dutch Citizens took to the streets to protest against the launch of Euro CBDC in the country. The protesters were seen with different placards and posters stating their intent against the virtual currency. Full Report…
ECB President Says Digital Euro Won’t Be Used for Commercial Purposes
News
Read more - ECB President Says Digital Euro Won’t Be Used for Commercial Purposes

ECB President Says Digital Euro Won’t Be Used for Commercial Purposes

According to the President of the ECB (European Central Bank), Christine Lagarde, the upcoming digital Euro will ensure the protection of users’ data. She added that the ECB would not sell that user’s data collected through payment for commercial purposes. …
Spain: Ruling Party Proposes the Creation of a National Digital Currency
News
Read more - Spain: Ruling Party Proposes the Creation of a National Digital Currency

Spain: Ruling Party Proposes the Creation of a National Digital Currency

The Spanish are now showing interest in joining the central bank digital currency (CBDC) bandwagon. Spanish Political Party Proposes CBDC According to a report by Spanish newspaper El Economista, the Spanish Socialist Party (PSOE) – the governing political body in…