ECB Official Says Digital Currency Could Be an Alternative to Cash

A digital currency could ensure that citizens remain able to use central bank money even if cash is eventually no longer used, according to Benoît Cœuré.

European Union to Regulate Stablecoins, Not Issue Its Own: Source

Contrary to earlier reports, a source tells CoinDesk the EU isn't looking to issue its own digital currency in response to Libra.

Central Banks to Question Facebook-Led Libra Over Financial Risks

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.

ECB’s Mersch Warns Over ‘Treacherous Promises’ of Facebook Libra

Yves Mersch has warned of the threat posed by Facebook's Libra to monetary policy and consumers in the EU.

ECB Says It Plans to Use More On-Chain Data to Monitor Crypto Assets

The European Central Bank has issued a new report revealing plans to use more granular blockchain data to better monitor the crypto markets.

Facebook’s Libra Is a ‘Wake-Up Call’ for Regulators, Says ECB Policymaker

Benoit Coeure of the European Central Bank has said projects like Facebook's Libra require faster action from regulators.

ECB Official Says Wholesale Central Bank Digital Currency a ‘Viable Option’

A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies.

Cryptocurrencies Pose No Threat to Financial Stability: EU Central Bank

The European Central Bank has said that cryptocurrencies are currently not a threat to financial stability in the euro zone.

Crypto-Friendly Money App Revolut Wins EU Banking License

Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.