European Central Bank President Christine Lagarde said a digital euro can place the region at the cutting edge of innovation but it may have fallen behind in the global competition for creating digital payment ecosystems.
After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.
The European Central Bank is looking into what a retail central bank digital currency form of the euro might look like, executive member Yves Mersch said.
France's central bank is calling for digital currency proposals with an experiment that moves it to the front of Europe's CBDC debate.
Lagarde said the ECB will continue researching CBDCs and will not stand in the way of any private initiatives.
Facebook could leverage its social media platform to block out competitors, according to Christine Lagarde.
Europe's central bankers have developed an "anonymity voucher" to give prospective CBDC users limited privacy in their retail transactions.
Contrary to earlier reports, a source tells CoinDesk the EU isn't looking to issue its own digital currency in response to Libra.
The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.
Yves Mersch has warned of the threat posed by Facebook's Libra to monetary policy and consumers in the EU.
The European Central Bank has issued a new report revealing plans to use more granular blockchain data to better monitor the crypto markets.
Benoit Coeure of the European Central Bank has said projects like Facebook's Libra require faster action from regulators.
A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies.
The European Central Bank has said that cryptocurrencies are currently not a threat to financial stability in the euro zone.
Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.