Digital Euro News

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…

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…

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…

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.

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…

The European Central Bank (ECB) has guided that any privacy matters surrounding the digital euro will be left with the legislature.

The Joint Declaration released today by the European Commission, the European Parliament, and the Council provides a framework for implementing key legislative proposals.

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…

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. …

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…

European Central Bank (ECB) executive, Fabio Panetta has argued that the creation of a digital euro would help the apex bank protect its monetary sovereignty against threats from competing cryptocurrencies, while also offering users better privacy protection, according to a…

Bankhaus von der Heydt (BVDH), a 266-year-old German bank, is now issuing the first-of-the-kind Euro stablecoin on the Stellar blockchain in partnership with Bitbond, a CoinDesk report on Dec 9 reveals.  A BVDH Euro Stablecoin on the Stellar Blockchain The exchange won’t…

Christine Lagarde, the President of the European Central Bank (ECB) has once again espoused a bullish position on a possible digital Euro while warning about the potential risks of private stablecoins. Several nations, including China, are developing central bank digital…

As the coronavirus force central banks and businesses to adapt to present realities, the Internet of Service Token (IOST) stands a chance to power the next digital economy. This is the view of a leading investor and a vocal blockchain…

Four months after announcing the Program of Experiments to test the potential of a central bank digital currency (CBDC) for interbank settlements, the Bank of France has today (July 20, 2020) revealed eight successful applicants to experiment with the digital Euro.…

France’s central bank, the Banque de France on May 20, 2020, announced that it had successfully completed a trial test of the digital euro based on blockchain technology. Notably, the central bank digital currency (CBDC) test conducted by Banque de…