Digital euro ‘seeks to solve nonexistent problem’
European banks are pushing back against plans for a digital version of the euro, warning they are being asked to cover the costs of the European Central Bank’s…
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Popular articles tagged "central bank digital currency"
Cash use is still growing, says ECB, while pushing ‘digital euro’
The European Central Bank is preparing to launch a digital version of the euro, while reporting that demand for physical banknotes is still rising.
European banks aim to challenge Mastercard and Visa with homegrown Wero
Sixteen Western European banks have rolled out Wero — a new payment system aimed at reducing Europe’s dependence on Visa, Mastercard, and other US fiscal networks.
New doubts over digital-euro plan after ECB outage
European lawmakers have voiced fresh doubt about the European Central Bank’s digital-euro project after an outage in the ECB’s existing payment system caused…
‘All about control’: EP committee approves establishment of Digital Euro
The digital euro passed a key hurdle on February 15, with a European Parliament committee approving a draft opinion backing the European Central Bank's proposed…
Digital euro launch likely delayed as the hot money backs China
The digital euro's launch looks likely to be pushed back substantially from its 2027 goal.
Digital euro ‘could significantly destabilise banking system’
"Central Bank Digital Currencies use blockchain technology but in a different way than cryptocurrencies.
EC claims Austria must have EU permission to pass laws protecting cash
Austria is required to gain the permission of the European Union before it passes any laws regulating the use of cash in the country, the European Commission has…
ECB moves ahead with digital euro project
The European Central Bank (ECB) is starting preparations for developing a digital euro that would be available free of charge to everyone in the Eurozone for any…
MEPs unconvinced as ECB pushes ‘digital euro’
European Parliament members remain unconvinced about the benefits of a “digital euro” despite the best efforts of the European Central Bank.
The EU Parliament’s grocery shop isn’t accepting cash – that matters more than you might think
When it comes to scoops, this month's revelation by Brussels Signal’s Peter Caddle that the Delhaize Shop & Go in the European Parliament refuses to take cash…
EC considers digital-ID rules for cats and dogs
The European Commission is considering the implementation of new digital-ID rules for cats and dogs bred commercially.
Lagarde ‘sorry’ after online Euro design survey crashes within hours
The President of the European Central Bank (ECB) Christine Lagarde has been forced to apologise after an online survey launched by the organisation crashed within…