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ECB Executive Says Digital Euro Will Protect EU from the Threat of Other Crypto

Speaking to the Financial Times on Sunday, June 20, Fabio Panetta, an executive board member at the European Central Bank, admitted that having a Digital Euro is a must for the European Union to combat the “threats” from other cryptocurrencies. Panetta’s comments come just at a time when the global acceptance of cryptocurrencies is on

Speaking to the Financial Times on Sunday, June 20, Fabio Panetta, an executive board member at the European Central Bank, admitted that having a Digital Euro is a must for the European Union to combat the “threats” from other cryptocurrencies. Panetta’s comments come just at a time when the global acceptance of cryptocurrencies is on

crypto tether china
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crypto tether china
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Why G7 Nations Are Raising Strong Concerns for China’s New Digital Yuan Plan?

Finance Ministers of the G7 economies have kicked off the 2-day meeting in London on Friday, June 4. This is the first face-to-face meeting after the G20 meeting in February 2020 n Saudi Arabia. The top things on agenda have been deciding the rules for the working of digital currencies issued by central banks and

Finance Ministers of the G7 economies have kicked off the 2-day meeting in London on Friday, June 4. This is the first face-to-face meeting after the G20 meeting in February 2020 n Saudi Arabia. The top things on agenda have been deciding the rules for the working of digital currencies issued by central banks and

Bitcoin News
Bitcoin News

ECB Report Says Bitcoin’s Progress has Eclipsed Bubble Like Behaviour

The European Central Bank (ECB) released a financial review report on Wednesday discussing potential financial instability that could spillover from the US markets. The same report also discussed the volatility in the crypto market but insisted Bitcoin has eclipsed the Bubble phase and is no longer behaving like previous financial bubbles such as ‘Tulip Mania’

The European Central Bank (ECB) released a financial review report on Wednesday discussing potential financial instability that could spillover from the US markets. The same report also discussed the volatility in the crypto market but insisted Bitcoin has eclipsed the Bubble phase and is no longer behaving like previous financial bubbles such as ‘Tulip Mania’

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The Digital Dollar Project by Accenture Will Kickstart Pilot Program for U.S. CBDC Design and Use Case

Co-founded by consulting giant Accenture, The Digital Dollar Project (DDP) is all set to kickstart pilot tests for the U.S. central bank digital currency (CBDC) over the next year to test its design and use cases. For this, Accenture has entered a non-profit partnership with the Digital Dollar Foundation. The report comes just at a

Co-founded by consulting giant Accenture, The Digital Dollar Project (DDP) is all set to kickstart pilot tests for the U.S. central bank digital currency (CBDC) over the next year to test its design and use cases. For this, Accenture has entered a non-profit partnership with the Digital Dollar Foundation. The report comes just at a

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News

Amid Inflation Crisis, Turkey Plans to Issue Its CBDC Digital Lira In Two Years

Amid highly rising inflation and with the Turkish Lira losing value against the USD, the country is now looking for a digital alternative to its national currency. Drawing a leaf from China’s CBDC move, Turkey is all set to launch its Digital Lira in the next two years. On Wednesday, local news agency Sabah published

Amid highly rising inflation and with the Turkish Lira losing value against the USD, the country is now looking for a digital alternative to its national currency. Drawing a leaf from China’s CBDC move, Turkey is all set to launch its Digital Lira in the next two years. On Wednesday, local news agency Sabah published

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ECB President Christine Lagarde Pushes The Use of Digital Euro to Complement Cash

Christine Lagarde, the current president of the European Central Bank (ECB), has once again spoken in favor of the Digital Euro. In her recent interview with the L’ENA hors les murs magazine, Lagarde speaks about the future of money and why digitization is the way ahead. As we enter the digital age, the nature of

Christine Lagarde, the current president of the European Central Bank (ECB), has once again spoken in favor of the Digital Euro. In her recent interview with the L’ENA hors les murs magazine, Lagarde speaks about the future of money and why digitization is the way ahead. As we enter the digital age, the nature of

Regulation News
Regulation News

Global Central Banks Form Commission To Asses Use Of Digital Currency (CBDCs)

Top Global Banks including BOE, BOJ, ECB and Swiss National Bank launch a commission to asses the potential use cases of a central bank digital currency. The Bank of International Settlement announced the formation of a new group to oversee a possible launch of a central bank digital currency (CBDC) in their respective jurisdictions. The

Top Global Banks including BOE, BOJ, ECB and Swiss National Bank launch a commission to asses the potential use cases of a central bank digital currency. The Bank of International Settlement announced the formation of a new group to oversee a possible launch of a central bank digital currency (CBDC) in their respective jurisdictions. The

ecb digital currency
Stablecoin News
ecb digital currency
Stablecoin News

ECB’s Plan for Digital Euro Skips even Blockchain – Analyst Calls it ‘Dystopian’

The European Central Bank released a report on Tuesday highlighting the features of its Central Bank Digital Currency (CBDC). The project is currently being handled by EUROchain Research Network along with R3 and Accenture. EUROchain has 18 Central banks from countries in Europe that participate in the development. Josip Kenjeric, reported in September this year, Against

The European Central Bank released a report on Tuesday highlighting the features of its Central Bank Digital Currency (CBDC). The project is currently being handled by EUROchain Research Network along with R3 and Accenture. EUROchain has 18 Central banks from countries in Europe that participate in the development. Josip Kenjeric, reported in September this year, Against

libra
Altcoin News
libra
Altcoin News

Global Crypto Currency War Heats Up As Libra Garners Support From European Central Bank Director

European Central Bank Director, Benoit Coeure, in an interview with Bloomberg, has claimed that Global financial regulators have no plans to ban Facebook’s Libra or other stablecoins. However, digital currency projects will have to meet the highest regulatory standards. Regulators Have No Plans to Ban Libra Libra has been at the altar of criticism by

European Central Bank Director, Benoit Coeure, in an interview with Bloomberg, has claimed that Global financial regulators have no plans to ban Facebook’s Libra or other stablecoins. However, digital currency projects will have to meet the highest regulatory standards. Regulators Have No Plans to Ban Libra Libra has been at the altar of criticism by

Bitcoin News
Bitcoin News

Is European Central Bank’s Quantitative Easing Affecting Bitcoin Price? Analysts Debate

 European Central Bank’s recent announcement of launching QE(Quantitative Easing) and cutting deposit rate to -0.5% from -0.4% led to a rise in the price of Gold. Did the prediction lead to any change in Bitcoin price? No Immediate Impact on Bitcoin Price Per a recent tweet by a leading researcher, Larry Cermak,  ECB’s announcement for

 European Central Bank’s recent announcement of launching QE(Quantitative Easing) and cutting deposit rate to -0.5% from -0.4% led to a rise in the price of Gold. Did the prediction lead to any change in Bitcoin price? No Immediate Impact on Bitcoin Price Per a recent tweet by a leading researcher, Larry Cermak,  ECB’s announcement for

ecb president on libra
Regulation News
ecb president on libra
Regulation News

Libra: ECB President Raises ‘Substantial’ Concerns over Facebook’s Plans

Facebooks’ crypto announcement of Libra has had a massive impact on the cryptocurrency markets. Even before its launch, the interest in Libra has already surpassed top cryptos like Ethereum and XRP. Bereft with regulatory concerns, recently, Mark Zuckerberg reaffirmed that they would set it right, no matter how long it takes. However, the regulatory soup

Facebooks’ crypto announcement of Libra has had a massive impact on the cryptocurrency markets. Even before its launch, the interest in Libra has already surpassed top cryptos like Ethereum and XRP. Bereft with regulatory concerns, recently, Mark Zuckerberg reaffirmed that they would set it right, no matter how long it takes. However, the regulatory soup