EU Institutions Challenge the Merits of the Digital Euro
The digital euro has faced a difficult path to fruition, with many of Europe’s leading financial institutions questioning whether a ...
Tag: ECB
Why Is the Digital Euro Taking So Long to Develop?
The digital euro, first proposed in 2020, is now looking at a potential launch date of mid-2029. “The middle of ...
EU Moves One Step Closer to Issuing a Digital Euro
After prolonged contention over the direction of the digital euro, European finance officials may have reached a compromise on the ...
ECB Official Says Real-Time Payments Systems Could Solve Cross-Border Payments Struggles
A member of the European Central Bank’s executive board voiced frustrations over the persistently high costs of cross-border payments, despite ...
Questions Arise About Digital Euro Amid ECB Outage, Stablecoin Dominance
Many European lawmakers have advocated for the launch of the digital euro as a solution to the continued dominance of ...
Seven-Hour ECB Outage Leaves Trillions of Euros in Limbo
A malfunction in a critical system at the European Central Bank (ECB) left more than three trillion euros up in ...
ECB Supervisor Approves of Cross-Border Bank Mergers After Controversial UniCredit Move
UniCredit’s recent purchase of a significant stake in Germany’s Commerzbank ignited its share of controversy, but the Chief Supervisor of ...
ECB Building Digital Euro as a Private Payment Alternative
The European Central Bank addressed concerns that its planned central bank digital currency, the digital euro, could be used to ...
AI Concentration Poses Financial Stability Risks, Says ECB
The European Central Bank (ECB) voiced apprehensions about the centralization of artificial intelligence services within the EU’s financial systems. The ...
Canadians Are Familiar with a Canadian CBDC, but Prefer Cash
Recent data found that consumers in Canada have a high awareness of the region’s CBDC but prefer cash when paying ...
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