ECB’s Panetta Says Pay More Attention to Price Impact of Profits
European Central Bank Executive Board member Fabio Panetta said company profit margins might be having a bigger impact on inflation than is generally acknowledged, according to an interview with the New York Times.
ECB Plans Prioritizing P2P and Online Payments in Digital Euro Rollout
The European Central Bank (ECB) has recently declared that its digital euro enrollment should prioritize e-commerce and person-to-person payments, with remaining use cases to follow in the second phase of its central bank digital currency (CBDC) development.
Digital Euro Will Never Be Programmable, ECB’s Panetta Says
The digital euro will never be programmable, according to Fabio Panetta, an executive board member of the European Central Bank.
Britain To Push Ahead With Readying Ground for a Digital Pound
Getting the design of a digital pound right is a bigger priority than a rapid launch, Britain's Financial Services Minister Andrew Griffith said on Tuesday.
European Central Bank Exec Wants Unbacked Crypto Treated As Gambling
Fabio Panetta, a Member of the Executive Board of the European Central Bank (ECB) has argued in favor of regulation that recognizes “the speculative nature of unbacked cryptos and treat them as gambling activities.”
Digital Euro Settlement, Distribution Options Detailed in Latest Progress Report
Progress continues on the creation of a digital euro, and the European Central Bank (ECB) has documented it in a second progress report that described design and distribution options recently approved by its governing council. The report considered four crucial issues, roughly in keeping with the timeline the ECB set for itself that tentatively culminates in a decision on whether to transition from the investigation to the realization phase of work in Q3 2023.
European Central Bank Says ‘Bitcoin is Rarely Used for Legal Transactions’, This On-Chain Data Suggests Otherwise
Bitcoin (BTC) will soon embark on “a journey to irrelevance,” and is mostly used for illegal purposes, the European Central Bank (ECB) has claimed. But according to one on-chain expert, the claim does not hold water.
