Expert Take
The coronavirus pandemic has forced governments worldwide to focus on bringing blockchain tech to their financial services.
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ECB News
The European Central Bank or ECB is the central bank of the eurozone that is the emitter of euro currency and an administrator of EU monetary practices. The Central Bank of the European Union is one of the most influential financial authorities in the world. ECB regularly publishes reports, prognoses and research that largely affects the world’s economy and governmental measures of many countries, especially in EU. The European Central Bank has absolutely no connection to ECB Publishing, Inc — an American publishing company. ECB rule violations may become the reason for billion-dollar fines, the shut down of major banks and even punishment of countries. ECB is famous for its independence, democratic approach to discussion and decision-making, and for its transparency in voting processes. The regulation of Bitcoin has been discussed within the ECB, but there are no restrictions or policies established yet.
- Markets News
Coronavirus will inflate the EU bad debt mountain, and banks should be shielded, while an official speaks highly of so-called “bad banks.”
3531 - Markets News
As the European Central Bank doubles its emergency asset purchase program, Bitcoin seems an ever stronger fiat opt-out.
5186 - News
European Central Bank executive board member Yves Mersch believes that the main impediment for CBDC is philosophical rather than technological.
10431 - News
Major crypto event, Consensus: Distributed, kicks off virtually, with ECB board member Yves Mersch discussing central bank digital currencies.
3649 - News
The European Central Bank says global stablecoins require clear regulatory structure prior to approval.
8372 - News
The European Central Bank is looking to renovate its payments infrastructure, studying both public and private solutions, with or without blockchain.
4260 - News
The European Commission sees some specific uses for blockchain technology in coordinating communication between member states, fostering crypto innovation.
4160 - News
The ECB announced plans for a $135 billion cash injection, which is $25 billion more than Bitcoin’s current market cap.
5736 - Local News
Japanese exchange Bitpoint released data on its massive 2019 deficit, the country’s FSA pointed out tightening regulations, and more in news from Japan this past week.
3517 - News
Six major central banks will reportedly meet in April to discuss central bank digital currency development.
4470 - Opinion
There is a lot of work ahead on all levels — from regulators and users to businesses and customers — but the process has been initiated: Stablecoins is our inevitable future.
3683 - Hodler’s Digest
Bitcoin is on the brink of breaking a seven-month downtrend, and the president of the ECB is pushing for a central bank digital currency.
5098 - News
Christine Lagarde has pushed for the bank’s involvement in the development of a CBDC to address the demand for faster and cheaper cross-border payments.
5506 - Hodler’s Digest
Telegram says the SEC is on an “unfounded fishing expedition,” and Google Play lifts MetaMask ban.
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