Digital Euro

The European Central Bank in Frankfurt, Germany (Holger Leue/Getty Images)
Europe's CBDC Designers Wrestle With Privacy Issues
The European Central Bank will likely to opt for a centralized solution for its new digital euro, raising questions about state snooping.
The European Central Bank in Frankfurt, Germany (Holger Leue/Getty Images)

BRUSSELS, BELGIUM - JANUARY 20, 2020 : Italian member of the European Central Bank's executive board Fabio Panetta (L) and the President of the European Central Bank (ECB) Christine Lagarde (R) are waiting prior an Eurogroup Ministers meeting in the Jusuts Lipsius, the European Union Council headquarter on January 20, 2010, in Brussels, Belgium. The International Monetary Fund (IMF) will present the main findings of its euro area Article IV interim mission. he Eurogroup will discuss the updated draft budgetary plan of Portugal for 2020, on the basis of a Commission opinion. The outcome is expected to be reflected in a Eurogroup statement. The Commission will present its proposal for the draft recommendation on the economic policy of euro area for 2020, published on 17 December. Ministers will have a first exchange of views on the proposal. The Council addresses annual recommendations on economic policy to the euro area as part of the European Semester. (Photo by Thierry Monasse/Getty Images)
Small Digital Euro Payments Won’t Need Laundering Checks, ECB Official Says
The proposals regarding the potential future central bank digital currency come as lawmakers prepare to scrap anonymous bitcoin payments.
BRUSSELS, BELGIUM - JANUARY 20, 2020 : Italian member of the European Central Bank's executive board Fabio Panetta (L) and the President of the European Central Bank (ECB) Christine Lagarde (R) are waiting prior an Eurogroup Ministers meeting in the Jusuts Lipsius, the European Union Council headquarter on January 20, 2010, in Brussels, Belgium. The International Monetary Fund (IMF) will present the main findings of its euro area Article IV interim mission. he Eurogroup will discuss the updated draft budgetary plan of Portugal for 2020, on the basis of a Commission opinion. The outcome is expected to be reflected in a Eurogroup statement. The Commission will present its proposal for the draft recommendation on the economic policy of euro area for 2020, published on 17 December. Ministers will have a first exchange of views on the proposal. The Council addresses annual recommendations on economic policy to the euro area as part of the European Semester. (Photo by Thierry Monasse/Getty Images)

ECB President Christine Lagarde (Alex Kraus/Bloomberg via Getty Images)
Crypto Remains a Threat: ECB Chief Christine Lagarde
Crypto service providers are accomplices to circumventing Russia sanctions, Lagarde said during an appearance at the Bank for International Settlements’ Innovation Summit on T...
ECB President Christine Lagarde (Alex Kraus/Bloomberg via Getty Images)

European Central Bank (ECB) President Christine Lagarde (Ronald Wittek/Getty Images)
ECB’s Lagarde Supports Acceleration of Digital Euro Work
Concerns over crypto’s role in evading sanctions have prompted regulators worldwide to speed up efforts in the sector.
European Central Bank (ECB) President Christine Lagarde (Ronald Wittek/Getty Images)

The European Commission wants to introduce a digital euro bill in 2023. (Carlos Moreno / Flickr)
The Digital Euro: What We Know So Far
The European Commission is planning to introduce a digital euro bill in 2023, but little is known about the European Union's plans for such a currency.
The European Commission wants to introduce a digital euro bill in 2023. (Carlos Moreno / Flickr)

ECB image via Shutterstock
ECB Hires Former ING Director as Digital Euro Program Manager
Evelien Witlox starts in January and will work on the ECB’s investigation phase of the digital euro project.
ECB image via Shutterstock

FRANKFURT AM MAIN, GERMANY MARCH 27: (BILD ZEITUNG OUT) Sculpture with the euro logo in front of the European Central Bank building on March 27, 2020 in Frankfurt am Main, Germany. (Photo by Mario Hommes/DeFodi Images via Getty Images)
Digital Euro Isn’t Guaranteed After Experiment, ECB Advisor Says
The European bank’s two-year digital euro experiment will focus on a retail CBDC.
FRANKFURT AM MAIN, GERMANY MARCH 27: (BILD ZEITUNG OUT) Sculpture with the euro logo in front of the European Central Bank building on March 27, 2020 in Frankfurt am Main, Germany. (Photo by Mario Hommes/DeFodi Images via Getty Images)

Jens Weidmann. (Clemens Bilan/Getty Images)
Bundesbank President Favors Limited Initial Role for Digital Euro
Jens Weidmann voiced concern that during crises consumers would hold all their money with the central bank, cutting off commercial banks’ funding.
Jens Weidmann. (Clemens Bilan/Getty Images)

The European Union's flag
Ireland's Central Bank Governor Says Digital Euro Is 'Very Likely'
Introducing a digital euro would represent a "fundamental shift" in the eurozone's financial architecture, Governor Gabriel Makhlouf noted.
The European Union's flag

Estonian, EU flags.
Bank of Estonia Finds 'Unlimited' Potential in Digital Euro Test
Eesti Pank found a blockchain-based solution could support an almost unlimited numbers of payments being processed at the same time.
Estonian, EU flags.