ECB News

The Eurogroup confirmed its support for digital euro research and noted that some of the design and use elements under consideration would require political decision making.

Filmmakers are interested in documenting one of this year’s weirdest stories in crypto, but what else made the list?

The ECB is continuing its digital euro investigation with more pieces of the potential system filled in, but no commitment to blockchain technology or even its issuance has been made.

EU officials previously rejected an outright ban on crypto mining, but the Markets in Crypto Assets bill could require firms to report any potential environmental impact.

The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable.

In June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which are definitely increasing.”

“Let us envision that better future and build a digital euro that works for all Europeans,” said the queen in virtually addressing members of the European Commission.

The ECB’s two-year investigative phase is halfway completed, with key use and policy issues clarified; more stakeholder engagement is planned before the decision is made to proceed.

The crypto industry is coming to save the troubled “Euro-Skulptur” monument in Frankfurt after traditional banks refused to support the symbol of eurozone decision-making.

Executive board member Fabio Panetta says it would undermine financial stability if the ECB were unprepared to use distributed ledger technology, but that’s the best he can say for it.

The five fintech, payments and e-commerce firms will create front-end prototypes for the digital euro, which will not be used in later phases of the CBDC project.

"An economy dominated by digital payments but without a strong monetary anchor would be inherently unstable," claimed Rehn.

The new guidelines from the Federal Reserve hold a prospect of “the most stringent review” for non-federally insured institutions.

The European Central Bank working paper sought to identify issues and consensus regarding CBDCs, as well as to identify gaps in the research — such as what users want.

Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies.