Category: ECB

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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ECB: Digital Euro will not replace fiat money, provides alternative to crypto

The President of the European Central Bank (ECB) expects that the digital Euro will complement fiat money. The term stablecoin is inappropriate for the digital Euro, according to the ECB. The President of the European Central Bank, Christine Lagarde, spoke at a conference before the Franco-German Parliamentary Assembly about the introduction of the digital euro. […]

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