european central bank

EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
December 05, 2019  |  Cryptocurrency

EU finance ministers came to an agreement on Thursday (Dec. 5) that digital currencies like Facebook’s Libra have no place in the European Union unless...

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ECB Has Considered Crypto To Cut Global Payment Costs
ECB Has Considered Crypto To Cut Global Payment Costs
December 04, 2019  |  Cryptocurrency

The European Central Bank (ECB) has considered using a public digital currency if international payments inside of Europe stayed too expensive.  Reuters reviewed a confidential...

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Top News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On Logistics
Top News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On...
November 11, 2019  |  News

In today’s top payments news, a potential competitor to Facebook’s Libra cryptocurrency is making progress, and one of the year’s biggest eCommerce events sets a...

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EU’s Public Version Of Libra Could Soon Make Headway
EU’s Public Version Of Libra Could Soon Make Headway
November 08, 2019  |  Cryptocurrency

With the caveat that the project faced challenges and was for the long term, senior officials have noted that progress on the feasibility of a...

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Bitcoin Daily: eToro Acquires Crypto Portfolio App Delta, ECB Considers Issuing Digital Currency
Bitcoin Daily: eToro Acquires Crypto Portfolio App Delta, ECB Considers Issuing Digital Currency
November 07, 2019  |  Bitcoin

Trading platform eToro has acquired crypto portfolio management app Delta in a deal reportedly worth $5 million. “We are excited to announce that Delta will...

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EU Draft Floats Digital Currency Proposal To Counteract Libra
EU Draft Floats Digital Currency Proposal To Counteract Libra
November 05, 2019  |  Cryptocurrency

A European Union draft document says the European Central Bank (ECB) should contemplate issuing its own digital currency, Reuters reported on Tuesday (Nov. 5). The...

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ECB Calls For ‘Highest Regulatory Standards’ On Stablecoins
ECB Calls For ‘Highest Regulatory Standards’ On Stablecoins
October 17, 2019  |  Cryptocurrency

European Central Bank Executive Board member Benoit Coeure called for strict supervisory principles for digital currencies and stablecoins like Facebook’s Libra, Bloomberg reported on Thursday (Oct. 17)....

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What’s Behind The Drop In US Retail Sales?
What’s Behind The Drop In US Retail Sales?
October 16, 2019  |  Retail

Retail sales in the U.S. decreased 0.3 percent September 2019, the first such decline in seven months, according to figures released Wednesday (Oct. 16) by...

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German Rep Resigns From ECB Board Amid Policy Disputes
German Rep Resigns From ECB Board Amid Policy Disputes
September 26, 2019  |  International

Sabine Lautenschläger, Germany’s representative on the European Central Bank’s executive board, has resigned over the institution’s changes to its monetary policy. Lautenschläger’s decision to step...

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