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ECB announces new thrust to focus on CBDC, says it's a 'game-changer'

ECB announces new thrust to focus on CBDC, says it’s a ‘game-changer’

According to an executive at the European Central Bank (ECB), a retail central bank digital currency (CBDC) would be a “game-changer.” Yves Mersch, an executive...
ECB recognizes stablecoin benefits, emphasizes clear regulations

ECB recognizes stablecoin benefits, emphasizes clear regulations

The European Central Bank (ECB) stated in a recent report the need for clearer regulatory structures for stablecoins. The ECB recognized that global stablecoins could...
European Union predicts economic contraction this year

European Union predicts economic contraction this year

Earlier this week, the European Union (EU) released its estimates regarding its economic forecasts. The European Central Bank (ECB) is expected to maintain its...
European economy mixed on bank earnings reports

European economy mixed on bank earnings reports

The European economy this week was mixed as first-quarter reports from banks came out. There has also been news about fewer business deals being...
EU considers launching its own cryptocurrency In response to Libra 'threat'

EU considers launching its own cryptocurrency in response to Libra ‘threat’

In a move to counter the perceived threat of Facebook's Libra cryptocurrency, a new draft document issued by the European Union (EU) suggests that...

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