A new simulation from the European Central Bank shows that the digital euro could trigger a deposit outflow of up to €700B during a run on commercial banks
Reuters : Forums: Hacker News and r/europe Forums: Hacker News : Digital euro could drain up to 700B euros of deposits in bank run, ECB says r/europe : Digital euro could drain up to 700 billion euro...
Sources: in digital euro negotiations, Germany, France, and others say the European Central Bank has gained too much power over how much users' wallets can hold
Politicians are vying with technocrats for control of a revamp of the single currency that both say poses serious economic risks.
A 397-page EC report, released shortly before the CJEU's verdicts against Apple and Google, says the EU's competition enforcement can be “harmful to innovation”
I don't think this requires further comments. … Jonatan Tylsgaard Larsen : A challenging yet liberating read. Finally, someone has tied up the loose ends. And it reflects exactly what we #rudpederse...
A survey of 2,012 people in Germany finds ~50% wouldn't use the digital euro over privacy fears; the European Central Bank will decide on a rollout in late 2025
Marilen Martin / Bloomberg :
A survey of 2,012 people in Germany finds ~50% wouldn't use the digital euro over privacy fears; the European Central Bank will decide on a rollout by 2025 end
- ECB officals to decide on rollout by end of next year — Half of people in Germany can't imagine using e-euro
As the European Central Bank prepares to pilot a digital euro in October, consumers, financiers, and politicians are questioning the project's aims and benefits
Europe's central bank is pushing ahead with the development of electronic currency even as politicians question its purpose Tweets: @mamdorsky , @sonjadav , @izakaminska , @alexstubb , @alemannoeu , a...