ECB

Euro symbol at European Central Bank
Bitcoin, Stablecoins the Worst Options for Cross-Border Payments, ECB Study Says
A senior central banker said state-backed digital currencies would be quicker and cheaper.
Euro symbol at European Central Bank

EU officials are considering whether to issue a digital euro (Koron/Getty Images)
Digital Euro Needs Curbs to Halt Lending Crunch, ECB Study Finds
The economic evidence appears to support calls to cap how much central bank digital currency people can hold, to stop them fleeing banks all together, the study suggests.
EU officials are considering whether to issue a digital euro (Koron/Getty Images)

Markets Daily Podcast Cover
Crypto News Roundup for July 22, 2022
With bitcoin pushing back toward $24K as ether extends its extraordinary rally, plus a look at tokenized carbon credits, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

CoinDesk - Unknown
Bitcoin Slips Below $23K as ECB Raises Rates for First Time in 11 Years
European Central Bank (ECB) has raised interest rates by 50 basis points, its first rate hike in 11 years. IG North America CEO JJ Kinahan discusses his take on what this means for the crypto markets. Plus, Elon Musk disclosed that Tesla sold 75% of its bitcoin holdings last quarter in the latest earnings call.
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ECB
ECB Exits Negative Interest Rate Policy With 50 Basis Point Hike; Bitcoin Steady
The European Central Bank's first rate hike since 2011 comes four months after the Fed kicked off its tightening cycle, sending risk assets lower.
ECB

ECB, Frankfurt
Bitcoin Slips Below $23K Ahead of ECB Rate Decision
The central bank is likely to signal an exit from its negative interest rate policy.
ECB, Frankfurt

European Central Bank officials laid out objectives for its retail digital euro as its two-year CBDC experiment continues. (	Raimund Linke/ Getty)
Digital Euro Would Be a Success Only if Widely Used, ECB Says
The European Central Bank expects to complete the investigation phase of its digital euro project in the autumn of 2023.
European Central Bank officials laid out objectives for its retail digital euro as its two-year CBDC experiment continues. (	Raimund Linke/ Getty)

CDCROP: Cecilia Skingsley, deputy governor at Sveriges Riksbank said governments could complicate CBDC interoperability.
Governments May Restrict Foreign Access to Their CBDCs, Riksbank Official Says
Not all countries “play nicely” with each other, complicating how central bank digital currencies will interact with other payment systems, said Cecilia Skingsley, first deputy governor at the Swedish central bank.
CDCROP: Cecilia Skingsley, deputy governor at Sveriges Riksbank said governments could complicate CBDC interoperability.

Euros
ECB Would Limit Digital Euro to Maximum 1.5T, Says Fabio Panetta
The central bank's executive board member believes few people understand what a digital euro is because "it's complicated."
Euros

CDCROP: The EU flag (Christian Lue/Unsplash)
ECB Warns That Crypto Risks Could Spill Over Into Wider Economy
Given the increasing risks of crypto, it is important to bring it into the regulatory perimeter as a matter of urgency, the European Central Bank said in a report.
CDCROP: The EU flag (Christian Lue/Unsplash)