Digital Euro

ECB Drafts First Chapters of Digital Euro Rulebook
ECB Drafts First Chapters of Digital Euro Rulebook
January 05, 2024  |  CBDC

The European Central Bank (ECB) Rulebook Development Group (RDG) has drafted the first chapters of a digital euro rulebook. This first draft follows the legislative...

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BIS: CBDCs Need Risk Management Framework to Counter ’Operational Risks’
BIS: CBDCs Need Risk Management Framework to Counter ’Operational Risks’
December 01, 2023  |  CBDC

Scores of central bank digital currency (CBDC) initiatives are in the works or already active — and yet pose some key concerns for central banks....

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Bank of Korea to Launch Retail CBDC Pilot Program
Bank of Korea to Launch Retail CBDC Pilot Program
November 30, 2023  |  Cryptocurrency

The Bank of Korea plans to launch a pilot program for its retail central bank digital currency (CBDC) in the fourth quarter of 2024. The program will...

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Spanish Official Suggests Tools to Mitigate Digital Euro’s Unintended Consequences
Spanish Official Suggests Tools to Mitigate Digital Euro’s Unintended Consequences
August 25, 2023  |  International

Before making a final decision on the potential launch of a digital euro, the European Central Bank (ECB) must assess the impact of a digital euro on...

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EU Wants Digital Euro to Complement Cash, Not Replace It
EU Wants Digital Euro to Complement Cash, Not Replace It
June 28, 2023  |  CBDC

The European Commission (EC) says a digital euro should complement cash, not replace it. The EC on Wednesday (June 28) published a pair of proposals...

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ECB Proposal: Benefits of Digital Euro Outweigh the Costs
ECB Proposal: Benefits of Digital Euro Outweigh the Costs
June 26, 2023  |  CBDC

The European Union will reportedly publish draft rules governing a digital euro this week. The regulations provide the legal basis for the digital currency, assuming...

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Consumer Trust Gives Banks AI Edge Over FinTechs Because of Cash Usage, Says SocGen
Consumer Trust Gives Banks AI Edge Over FinTechs Because of Cash Usage, Says SocGen
May 11, 2023  |  artificial intelligence

One of the common views about Europe is how highly fragmented the regional market — 44 countries, multiple languages, and a myriad of payment methods...

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Pan-EU Payments Challenger Lacks Consumer and Merchant Demand
Pan-EU Payments Challenger Lacks Consumer and Merchant Demand
March 31, 2023  |  Payments Innovation

Although Europe lacks a pan-regional scheme to rival international card networks, building and igniting one means giving consumers and merchants a reason to get on...

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Lagarde Says Digital Euro May Give Europe Greater Resiliency
Lagarde Says Digital Euro May Give Europe Greater Resiliency
March 21, 2023  |  CBDC

A digital euro may provide Europe with greater resiliency and autonomy. So said European Central Bank President Christine Lagarde during a virtual event hosted by...

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