Promoting Bitcoin Could Damage the Reputation of Banks, ECB Warns
The director general and advisor of the ECB of the institution noted that banks risked incurring long-term reputational damages for promoting Bitcoin despite the short-term profits they could make. The bank warned that a further plunge by BTC would harm customer relations and trigger reputational damage to the entire industry.
ECB Canvases for Digital Euro Programmable Money Use Cases
The European Central Bank (ECB) opened a call to payment industry experts for digital euro use case ideas around programmable money for retail payments.
