Digital Euro

ECB Proposal: Benefits of Digital Euro Outweigh the Costs

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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Cash Use and Crypto Fears Have Countries Turning to CBDCs
Cash Use and Crypto Fears Have Countries Turning to CBDCs
February 08, 2023  |  CBDC

The way people pay for things is changing as the nature of money itself transforms. Fearing they may one day be left behind as digital,...

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ECB Board Member: Digital Euro Should Complement Other Payment Methods
ECB Board Member: Digital Euro Should Complement Other Payment Methods
January 23, 2023  |  Europe

A digital euro should complement, not replace, other electronic payment methods or cash. So said European Central Bank (ECB) Executive Board Member Fabio Panetta in...

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Central Banks Pursue CBDCs in 2023 but Diverge on Design
Central Banks Pursue CBDCs in 2023 but Diverge on Design
January 02, 2023  |  CBDC

Central banks around the world have diverged in the design of CBDCs. As the investigation phase of the European Central Bank’s (ECB) digital euro project...

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Lagarde: ‘Low-Value, Low-Risk’ Digital Euro Payments Could Be Anonymous
Lagarde: ‘Low-Value, Low-Risk’ Digital Euro Payments Could Be Anonymous
November 14, 2022  |  CBDC

In a video address as part of a high-level conference on the digital euro earlier this month, the president of the European Central Bank (ECB),...

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