Crypto Assets Aren’t a ‘Real Investment,’ ECB Vice President Says

Crypto’s weak fundamentals mean investors should be prepared for more price swings, Luis de Guindos said.

News  ·  19 May 2021

ECB’s Panetta Claims Bitcoin Threatens Global Sustainability Efforts

“Bitcoin alone is already consuming more electricity than the Netherlands,” Panetta said.

News  ·  11 May 2021

A Digital Euro Must Protect Privacy, ECB Public Survey Reveals

Privacy is the number one thing Europeans want out of a digital euro.

News  ·  14 April 2021

ECB’s Christine Lagarde Says Digital Euro Should Launch Within Four Years: Report

In an interview with Bloomberg Wednesday, Lagarde said the digital euro will be rolled out within four years.

News  ·  31 March 2021

ECB Speeds €1.85T Stimulus Program as Lagarde Frets Over ‘Premature Tightening’

The overall program's size was left intact, along with the March 2022 end date, but the pace of stimulus is now set to increase.

Markets  ·  11 March 2021

ECB Wants to Be Able to Veto Stablecoins Like Diem in the EU

The ECB believes it should have the final say ahead of any proposed stablecoin launches.

Policy & regulation  ·  23 February 2021

European Commission, ECB Unite to Consider Potential Pitfalls of the Digital Euro

The digital euro project may get underway in mid-2021 after a period of review.

Policy & regulation  ·  20 January 2021

ECB’s Christine Lagarde Says ‘Speculative’ Bitcoin Needs Global Regulation

In a speech at a Reuters online event Wednesday, Lagarde said bitcoin was a "highly speculative" asset.

Policy & regulation  ·  13 January 2021

First Mover: Stimulus Bet Wins Even as Bitcoin Slips Below $18K

MassMutual's push into bitcoin shows increasing adoption – of the narrative the cryptocurrency can work as a hedge against central-bank money printing.

Markets  ·  11 December 2020

Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says

Stablecoins could "threaten financial security" if widely adopted, the ECB head said in a magazine interview.

Policy & regulation  ·  30 November 2020

ECB’s Lagarde Has ‘Hunch’ Digital Euro Will Launch in 2-4 Years

ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance.

Policy & regulation  ·  12 November 2020

First Mover: Bitcoin Falls as COVID-19 Surges, ECB’s Lagarde Steps Up, US GDP Hits 33%

The enthusiasm jolt from bitcoin's ascent toward $14K ran into realism, and options traders see low probabilities of a new price record this year.

Markets  ·  29 October 2020

Digital Euro Will ‘Protect’ Eurozone From Foreign Issuers, Says ECB Exec

An executive member at the European Central Bank says a digital euro could protect the eurozone's monetary sovereignty from outside influence.

Policy & regulation  ·  2 October 2020

‘Misleading’ Term Stablecoin Should Be Ditched, Says ECB

The EU central bank said the term stablecoin is potentially "confusing" and "misleading" to consumers.

Policy & regulation  ·  22 September 2020

Digital Euro Would Provide Alternative to Cryptos, ECB President Lagarde Says

A digital euro for retail payments would "ensure that sovereign money remains at the core of European payment systems," according to Legarde.

Policy & regulation  ·  22 September 2020