The European Central Bank (ECB) is planning to launch a prototype of the digital euro in 2023. In the next five years, Europe could have its own central bank digital
Category: digital euro
Proposed digital euro designs lack privacy options, ECB presentation showsProposed digital euro designs lack privacy options, ECB presentation shows
Next to the fears of government overreach that the European Union’s ambitious digital euro project stirred, the main concern of the public is the prospective currency’s privacy framework. It appears
ECB official suggests importance of physical stores accepting digital euroECB official suggests importance of physical stores accepting digital euro
Fabio Panetta, executive board member of the European Central Bank, said focus groups exploring the potential rollout of a digital euro hinted the ability to use the digital currency at
European Central Bank announces digital euro advisory group membersEuropean Central Bank announces digital euro advisory group members
The group consists of 30 high-ranking financial professional from organizations including BBVA, CRIF and Stripe, among other
Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official SaysFuture of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says
Europe’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the
Digital Euro Project Gets Going as ECB Launches Investigation PhaseDigital Euro Project Gets Going as ECB Launches Investigation Phase
After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and
Bank of France, Swiss Crypto Bank Test Securities Settlement Using CBDCBank of France, Swiss Crypto Bank Test Securities Settlement Using CBDC
The Bank of France has successfully completed an experiment involving the use of CBDC to settle listed securities. The test has been carried out with the help of an alliance
Privacy Is Key for Successful Digital Euro, Data Protection Body SaysPrivacy Is Key for Successful Digital Euro, Data Protection Body Says
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital version of the euro. The agency is ready to provide
Digital euro offers better privacy protections than private stablecoins: ECB officialDigital euro offers better privacy protections than private stablecoins: ECB official
Unlike private companies, the ECB has “no commercial interest” in monetizing users’ data, the ECB executive board member argued.
ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’
The digitization of traditional currencies like the euro has the potential to increase their international appeal, the European Central Bank says in a new report. A failure to offer a