ECB’s Lagarde Has ‘Hunch’ Digital Euro Will Launch in 2-4 Years

ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance.

First Mover: Bitcoin Falls as COVID-19 Surges, ECB’s Lagarde Steps Up, US GDP Hits 33%

The enthusiasm jolt from bitcoin's ascent toward $14K ran into realism, and options traders see low probabilities of a new price record this year.

Digital Euro Will ‘Protect’ Eurozone From Foreign Issuers, Says ECB Exec

An executive member at the European Central Bank says a digital euro could protect the eurozone's monetary sovereignty from outside influence.

‘Misleading’ Term Stablecoin Should Be Ditched, Says ECB

The EU central bank said the term stablecoin is potentially "confusing" and "misleading" to consumers.

Digital Euro Would Provide Alternative to Cryptos, ECB President Lagarde Says

A digital euro for retail payments would "ensure that sovereign money remains at the core of European payment systems," according to Lagarde.

ECB President: Europe Has Fallen Behind in the Digital Payments Race

European Central Bank President Christine Lagarde said a digital euro can place the region at the cutting edge of innovation but it may have fallen behind in the global competition for creating digital payment ecosystems.

First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K

After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.