Browsing the "ECB" Tag

Central Banks to Question Facebook-Led Libra Over Financial Risks

| Daniel Palmer

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

| Daniel Palmer

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

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

| Daniel Palmer

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

| Daniel Palmer

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’

| Yogita Khatri

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

| Yogita Khatri

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

| Yogita Khatri

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

ECB Has ‘No Plans’ to Issue a Digital Euro, Says Mario Draghi

| Daniel Palmer

The chief of the European Central Bank, Mario Draghi, said Friday that the institution has "no plans" to issue a digital currency, Reuters reports.

Central Banks Say Blockchain Could Shake Up Securities Settlement

| Annaliese Milano

The second report from the project 'Stella' initiative explores applications of distributed ledger technology to the securities settlement process.

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Europe’s Central Bank Touts Crypto As Underbanked Aid

| Nikhilesh De

A new opinion piece from European Central Bank officials discusses the important role a central bank-backed cryptocurrency could play in society.