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The European Central Bank (ECB) has published a blog post claiming that “bitcoin has failed to fulfill its original promise to become a global decentralized digital currency.” The ECB economists who authored the post added that bitcoin’s fair value is still zero and bitcoin transactions are “still inconvenient, slow, and costly.” Moreover, they asserted that … Read more
Bitcoin does the complete opposite of what the EU’s central bank warned about in late 2022. Go to Source
European Central Bank chief Christine Lagarde reportedly said her son ignored warnings against crypto investments and lost “about 60%” of his money. Go to Source
Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation. Go to Source
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is. Go to Source
Uncertain regulatory conditions continue to have a negative impact on the sustainable growth of the DAO ecosystem, revealed a new European Central Bank occasional paper. Go to Source
Private payment services can gain a monopoly over services with no benefit to other market players or economic stability, ECB board member Fabio Panetta said. Go to Source
Banco de España deputy governor Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial services providers. Go to Source
According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling. Go to Source Powered by WPeMatico
François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages. Go to Source Powered by WPeMatico
