The European Central Bank recently announced that the "digital euro" project has entered the next phase: if the relevant regulations are passed in 2026, a pilot program is expected to begin in 2027 and be officially launched in 2029.
JinseFinanceThe European Central Bank (ECB) is expected to cut its interest rate by 0.25% to 4.25% on June 6. This rate cut could boost investor interest in risk assets like Bitcoin. Bitfinex's derivatives head, Jag Kooner, told Cointelegraph: "The ECB is expected to cut rates next week to stimulate economic growth. Lower rates typically weaken the euro and increase liquidity, which can boost risk assets, including Bitcoin."
AlexHigh-stakes duel: ECB eyes June rate cut amidst Eurozone's deflating inflation, while Fed treads cautiously amid robust US growth. Who'll make the first move? Timing is everything in this global economic chess match.
Huang BoBitcoin has failed to live up to its promise of becoming a global decentralized digital currency and remains difficult to use for legal transfers. The approval of the ETF does not change the fact that Bitcoin is not suitable as a means of payment or investment.
JinseFinanceRegulation and a better alternative are the answers to the current turmoil in the crypto market.
OthersIn a blog post, the ECB said bitcoin's recent stabilisation was "an artificially induced last gasp before the road to irrelevance".
OthersAmazon has been chosen by the ECB alongside four other companies to provide assistance in developing user interfaces intended for a digital Euro.
Bitcoinist
LedgerinsightsA recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy.
CointelegraphRegulators from 19 EU member states will reportedly attend a supervisory board meeting in July to discuss MiCA and its possible implementation.
Cointelegraph