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
Category: Eurozone
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
Swiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private SectorSwiss, French Central Banks to Trial Wholesale CBDC Settlements With BIS and Private Sector
The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border transactions. The experiment will be
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