This Wednesday, the European Central Bank announced the start of the test phase for a possible digital euro starting next November 1.
Members of the ECB council indicated that with this preparation phase, aspects such as the necessary technologies and platforms, the regulatory framework, the…
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digital euro
French expert assures that the Digital Euro is a necessity
François Villeroy de Galhau, Governor of the Banque de France, told commercial bankers that the digital euro presents benefits for all concerned. During the World Conference of Official Institutions organized by the French multinational…
Most Germans are skeptical about the creation of the digital euro
The majority of citizens in Germany are skeptical of the plans of the European Central Bank (ECB) to create the digital euro and consider that it is not necessary, according to a survey released this Saturday.
76 % of the people who…
Europe will launch a pilot test of the digital euro in 2023
Fabio Panetta, member of the executive board of the European Central Bank (ECB) and one of the officials with the greatest knowledge about the digital currency project, pointed out that the digital euro could be released on the market by…
ECB will continue with its economic stimulus policy
ECB President Christine Lagarde recently pointed out that raising interest rates too quickly would stifle the Eurozone's recovery. "Raising the main interest rate of the European Central Bank now would not reduce the historically high…
The European Union estimates to launch its digital currency in 2025
The European Commission continues to work on the development of the digital euro and they estimate to finalize a first prototype of their digital currency by the end of this year. But the commission plans to launch it on the market,…
Crypto platform EuroSwap could boost digital euro
The crypto platform EuroSwap has a work team focused on clarifying doubts in common people about cryptocurrencies, blockchain technology and the future of the digital euro.
According to the platform, there are currently many doubts in the…
The digital euro must be very attractive according to the ECB
The digital euro must have sufficient attractiveness in its design so that the public generally accepts it as a means of payment and is not redundant compared to other instruments. While avoiding excessive success as a store of value that…
ECB will implement the digital euro in two years
The European Central Bank launched a two-year pilot project that will aim to introduce the digital euro, one of the world's most important currencies worldwide.
The idea is to create a digital currency that will coexist with the physical…
Future of the digital euro will be decided mid-year
The European Commission and the European Central Bank joined forces to take into account all the details and problems that could arise from the implementation of the digital euro in the market.
According to the statement, both institutions…
ECB rates bitcoin as a speculative asset
In an online event, the president of the European Central Bank, Christine Lagarde, reported that bitcoin has a high level of speculation and needs to be regulated.
At the Reuters Next conference, Lagarde reported that the popular…
Euro digital would arrive in five years
Experts from the European economic sector say that the first proof of concept of the digital euro could arrive between four and five years.
During a panel titled "Upgrading money to the digital age: Introducing the digital euro", the…