Category: digital euro

Ethereum studio ConsenSys to work with SocGen on digital euro experiments

Ethereum studio ConsenSys to work with SocGen on digital euro experiments

Ethereum development studio ConsenSys has been selected by Societe Generale’s blockchain unit Forge to assist in digital euro experiments. Announcing the news on Wednesday, ConsenSys said it would provide technical expertise to Forge, mainly focusing on central bank digital currency (CBDC) “issuance and management, delivery versus payment, and cross-ledger interoperability.” Forge has been working with […]

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ECB board member: Events like natural disasters could spur use of a digital euro

ECB board member: Events like natural disasters could spur use of a digital euro

Fabio Panetta, member of the Executive Board of the European Central Bank, gave a keynote address at the ECB conference discussing pan-European payments and the digital euro. The purpose of Panetta’s address on October 22 was to address transformations in the European digital payment landscape. “The European market is registering significant progress due to the […]

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Bundesbank official: Launching a central bank digital currency is a ‘political decision’

Bundesbank official: Launching a central bank digital currency is a ‘political decision’

During a speech on Tuesday, a member of the German central bank’s executive board described the potential introduction of a Europe-centered digital currency as a “political decision” rather than a wholly technical one. The remarks by Burkhard Balz come as the Eurosystem’s central bankers inch closer to a possible launch of a so-called digital euro. […]

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Ripple Co-founder Hints Shifting Base Out of the U.S, Blames Regulators

Former Ripple CEO and co-founder Chris Larsen recently spoke out his mind on crypto regulations in the U.S. and the lack of clarity. Speaking to the Fortune reporter Jeff John Roberts, Larsen said that excessive regulations have been hurting innovation. Thus, they are planning to move the Ripple headquarters from San Franciso to other crypto-friendly […]

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European Central Bank publishes report on digital euro, says ‘we need to be ready’ to issue it

European Central Bank publishes report on digital euro, says ‘we need to be ready’ to issue it

The European Central Bank (ECB) has today published a comprehensive report on digital euro, saying that it needs to be prepared to issue a digital currency if and when the need arises. The 50-page report, prepared by the Eurosystem High-Level Task Force on central bank digital currency (CBDC) and approved by the Governing Council, said […]

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