Digital Euro

ECB Says Digital Euro Critical to Safeguard Europe’s Monetary Autonomy

ECB Says Digital Euro Critical to Safeguard Europe’s Monetary Autonomy

Key Takeaways: The ECB alerts that the role of central bank money may be threatened by the fall in cash usage and the development of private digital currencies. Other people’s digital money and stablecoins are thought of as potential threats to Europe’s capacity for controlling its financial system and price stability. The proliferation of stablecoins […]

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ECB Prepping The Ground For Digital Euro Launch

ECB Prepping The Ground For Digital Euro Launch

The European Central Bank (ECB) is laying the groundwork for the probable launch of its wholesale and retail central bank digital currency (CBDC), the Digital Euro. Christine Lagarde, President of the ECB, shared this update at their latest press conference. “President Lagarde stressed that the digital euro is ‘more relevant than ever,’” the ECB tweeted.

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