european central bank

ECB Calls For ‘Highest Regulatory Standards’ On Stablecoins

ECB Calls For ‘Highest Regulatory Standards’ On Stablecoins
ECB Calls For ‘Highest Regulatory Standards’ On Stablecoins
October 17, 2019  |  Cryptocurrency

European Central Bank Executive Board member Benoit Coeure called for strict supervisory principles for digital currencies and stablecoins like Facebook’s Libra, Bloomberg reported on Thursday (Oct. 17)....

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What’s Behind The Drop In US Retail Sales?
What’s Behind The Drop In US Retail Sales?
October 16, 2019  |  Retail

Retail sales in the U.S. decreased 0.3 percent September 2019, the first such decline in seven months, according to figures released Wednesday (Oct. 16) by...

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German Rep Resigns From ECB Board Amid Policy Disputes
German Rep Resigns From ECB Board Amid Policy Disputes
September 26, 2019  |  Cross-border Payments

Sabine Lautenschläger, Germany’s representative on the European Central Bank’s executive board, has resigned over the institution’s changes to its monetary policy. Get the Full Story...

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26 EU Central Bankers Set To Grill Libra Execs Today
26 EU Central Bankers Set To Grill Libra Execs Today
September 15, 2019  |  Cryptocurrency

Libra Association representatives are getting ready to face questioning by 26 central banks over the potential peril the proposed cryptocurrency poses to financial strength, the...

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ECB Moves Fuel Global Recession Fears
ECB Moves Fuel Global Recession Fears
September 12, 2019  |  Economy

Gloomy economic clouds keep gathering, and the latest example comes from Europe, as retailers and payment services providers shift more of their focus to the...

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ECB Debuts Bond Buying Initiative; Slashes Deposit Rate To Record Low
ECB Debuts Bond Buying Initiative; Slashes Deposit Rate To Record Low
September 12, 2019  |  Cross-border Payments

The European Central Bank (ECB) is hoping to revitalize the eurozone economy with a stimulus package consisting of a lower main deposit rate and a...

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China Central Bank Said To Ready Crypto Launch
China Central Bank Said To Ready Crypto Launch
September 05, 2019  |  Cryptocurrency

In China, the central bank will debut a state-backed cryptocurrency that initially will be issued to seven institutions in that country, Forbes reported this week. Get...

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IMF’s Lagarde Urges Banks To Keep Open Mind About Crypto
IMF’s Lagarde Urges Banks To Keep Open Mind About Crypto
September 04, 2019  |  Cross-border Payments

International Monetary Fund (IMF) Chair Christine Lagarde said financial supervisors and central banks should be more open to cryptocurrencies, even as they protect consumers, according...

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