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VOICE ARCHIVE

@ecb

@ecb
10 posts
2023-10-19
Our Governing Council has decided to move to the next phase of the digital euro project. In November 2023 we will start laying the foundation for the possible issuance of a digital euro. A decision on issuing a digital euro will come at a later stage. https://www.ecb.europa.eu/... [image]
2023-10-19 View on X
Reuters

The European Central Bank plans to start a two-year “preparation phase” for the digital euro on November 1, to finalize rules, select partners, and do testing

The European Central Bank took a further step on Wednesday towards launching a digital version of the euro …

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2023-06-28
The @EU_Commission has put forward two legislative proposals to safeguard the use of cash and ensure people have access to a digital euro to meet their evolving payment needs in the digital age. Press release https://www.ecb.europa.eu/... 1/3 [image]
2023-06-28 View on X
CoinDesk

The EU Commission publishes its digital euro legislative plans, including privacy and financial stability safeguards; some backers question the CBDC's benefits

Officials want a digital payment system available to “everyone, everywhere, for free.”  —  BRUSSELS, Belgium …

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2022-11-30
The apparent stabilisation of bitcoin's value is likely to be an artificially induced last gasp before the crypto-asset embarks on a road to irrelevance. #TheECBblog looks at where bitcoin stands amid widespread volatility in the crypto markets. Read more https://www.ecb.europa.eu/... https://twitter.com/...
2022-11-30 View on X
TechCrunch

The European Central Bank says that bitcoin is “rarely used for legal transactions” and is on the “road to irrelevance”, without citing any strong data points

European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions …

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2021-07-15
Our experimental work has already allowed us to identify possible ways to protect privacy. It has also shown that the energy needs of the infrastructure would be negligible compared with the energy consumption and environmental footprint of crypto-assets, such as bitcoin 2/3
2021-07-15 View on X
Bloomberg

European Central Bank says it will begin a 24-month “investigation phase” that could lead to the creation of a digital euro by around 2025

- Process will take 24 months before decision on adoption taken  — ECB says infrastructure would use far less energy than Bitcoin

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A digital euro will be successful if it adds value for people, merchants and financial intermediaries in the euro area, says Executive Board member Fabio Panetta explaining the latest decision in The ECB Blog. Read it here https://www.ecb.europa.eu/... 3/3
2021-07-15 View on X
Bloomberg

European Central Bank says it will begin a 24-month “investigation phase” that could lead to the creation of a digital euro by around 2025

- Process will take 24 months before decision on adoption taken  — ECB says infrastructure would use far less energy than Bitcoin

View original
(THREAD) We have decided to launch a project to prepare for possibly issuing a digital euro. We will look at how a digital euro could be designed and distributed to everyone in the euro area, as well as the impact it would have https://www.ecb.europa.eu/... 1/3 https://twitter.com/...
2021-07-15 View on X
Bloomberg

European Central Bank says it will begin a 24-month “investigation phase” that could lead to the creation of a digital euro by around 2025

- Process will take 24 months before decision on adoption taken  — ECB says infrastructure would use far less energy than Bitcoin

View original
2021-07-14
(THREAD) We have decided to launch a project to prepare for possibly issuing a digital euro. We will look at how a digital euro could be designed and distributed to everyone in the euro area, as well as the impact it would have https://www.ecb.europa.eu/... 1/3 https://twitter.com/...
2021-07-14 View on X
Bloomberg

European Central Bank says it will begin a 24-month “investigation phase” that could lead to the creation of a digital euro by around 2025

- Process will take 24 months before decision on adoption taken  — ECB says infrastructure would use far less energy than Bitcoin

View original
Our experimental work has already allowed us to identify possible ways to protect privacy. It has also shown that the energy needs of the infrastructure would be negligible compared with the energy consumption and environmental footprint of crypto-assets, such as bitcoin 2/3
2021-07-14 View on X
Bloomberg

European Central Bank says it will begin a 24-month “investigation phase” that could lead to the creation of a digital euro by around 2025

- Process will take 24 months before decision on adoption taken  — ECB says infrastructure would use far less energy than Bitcoin

View original
A digital euro will be successful if it adds value for people, merchants and financial intermediaries in the euro area, says Executive Board member Fabio Panetta explaining the latest decision in The ECB Blog. Read it here https://www.ecb.europa.eu/... 3/3
2021-07-14 View on X
Bloomberg

European Central Bank says it will begin a 24-month “investigation phase” that could lead to the creation of a digital euro by around 2025

- Process will take 24 months before decision on adoption taken  — ECB says infrastructure would use far less energy than Bitcoin

View original
2020-11-28
Panetta: Big tech and stablecoins could disrupt the European financial system. While they could offer convenient and efficient payment solutions, they risk endangering competition, privacy, financial stability and even monetary sovereignty 2/5
2020-11-28 View on X
Financial Times

Sources: Facebook led Libra currency could launch as early as January, but in a limited format with a single coin, backed one-for-one by the US dollar

what this means Andrew Morse / CNET : Facebook's controversial Libra cryptocurrency could launch in January Kollen Post / Cointelegraph : Law Decoded: Cents and stability, Nov. 20-...

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