The European Central Bank hopes U.S. President Donald Trump's plan to support cryptocurrencies pegged to the U.S. dollar will ...
Trump's embrace of crypto and "legitimate dollar-backed stablecoins" could speed up development of a digital euro, say an ECB board member.
Many central banks across the world are considering the introduction of a central bank digital currency (CBDC)/digital euro, and some have already done so. Among the major central banks in the West, ...
European Central Bank board member Fabio Panetta says that the development of a digital euro might begin by the end of next year, according to a Reuters report. If the work is underway by then ...
To mitigate the existing risks, the ECB has suggested placing a cap on digital euro holdings and ensuring they do not earn interest.