ECB calls for input to create digital euro scheme rulebook
The European Central Bank is forming a working group that will consult in the creation of a central bank digital currency (CBDC) rule book for the Digital Euro Scheme.
LedgerinsightsThe European Central Bank is forming a working group that will consult in the creation of a central bank digital currency (CBDC) rule book for the Digital Euro Scheme.
LedgerinsightsAmazon has been chosen by the ECB alongside four other companies to provide assistance in developing user interfaces intended for a digital Euro.
Bitcoinist"Keeping total digital euro holdings between one trillion and one and a half trillion euro would avoid negative effects for the financial system,” said Fabio Panetta.
CointelegraphCommenting on the recent market volatility, Fabio Panetta also said stablecoins were still “vulnerable to runs,” just as investing in cryptocurrencies carried certain risks.
CointelegraphThe ECB drops another working paper on the digital euro causing more outrage from Europeans opposing a central bank digital currency.
CointelegraphJonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB.
CointelegraphFindings from the ECB's focus groups said the public was more likely to accept a digital euro that is accepted in physical and online stores and allows easy person-to-person payments.
CointelegraphFabio Panetta outlined recent findings and remaining challenges while emphasizing the necessity of a well-designed European CBDC.
CointelegraphUp to five banks or other payment services providers will be selected to participate without compensation in the development of the digital euro front end.
CointelegraphTransactions via the EU’s prospective CBDC could be transparent to intermediaries, as any non-crypto digital transactions are.
Cointelegraph