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EU Commission’s Digital Euro Bill Back on Track for June 28, Lead Official Says

[Jun 20, 2023 11:47 AM] The European Commission is back on track to publish legislation on a digital euro on June 28, after the controversial topic was previously removed from the executive’s agenda, the bloc’s lead financial services official said on Tuesday.

EU Legislation for Digital Euro Is Put on Hold: Source

[Jun 19, 2023 7:45 AM] A bill covering privacy and distribution of the central bank digital currency, originally scheduled for June 28, will be delayed

EU’s Leaked Digital Euro Bill Outlaws Interest, Large Holdings, Programmability

[Jun 15, 2023 4:34 AM] The central bank digital currency must be usable offline from day 1 to safeguard privacy, the draft law says.

ECB Finalizes Digital Euro Prototypes as Development Decision Looms

[May 30, 2023 3:37 AM] The central bank has examined the use of distributed ledger technology and smart contracts for its potential new digital currency.

European Commission To Present Regulatory Framework For Digital Euro In June

[May 28, 2023 4:53 AM] Fabio Panetta, a member of the Executive Committee of the European Central Bank (ECB), recently announced that the European Commission would be presenting a legislative proposal for the digital euro in June. He further stated that the next steps…

ECB Probes Decentralized Settlement for Wholesale Financial Markets

[Apr 28, 2023 2:56 AM] Euro regulators are looking again at their centralized settlement systems in seeking to keep pace with digital innovation as they explore central bank digital currencies.

Don’t Cap Digital Euro Holdings, European Parliament Study Says

[Apr 26, 2023 8:03 AM] The paper turns on its head conventional wisdom that limits are needed to avoid supplanting the banking system

ECB’s Panetta Reinforces Digital Euro Focus on Payments

[Apr 26, 2023 5:30 AM] Fabio Panetta, a member of the executive board of the European Central Bank (ECB), announced the digital euro project was entering its final phase. Before the committee on economic and monetary affairs of the European Parliament, Panetta stated…

Lawmakers Could Still Nix Digital Euro, ECB’s Panetta Says

[Apr 24, 2023 10:01 AM] The ECB wants the CBDC to be universally accepted, and usable by those without bank accounts, the central banker said

EU Lawmakers Skeptical on Digital Euro Plans

[Apr 19, 2023 9:44 AM] Members of the European Parliament seem nonplussed as they are set to consider legislation for a central bank digital currency.

Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple

[Apr 13, 2023 5:30 AM] Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a…

Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says

[Mar 24, 2023 8:00 AM] The digital euro has an important role in preserving the payment autonomy of Europe, the head of the eurozone’s monetary authority emphasized. The new currency, which is still under development, is meant to be sovereign and safe, cheap and widely…

Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain

[Feb 15, 2023 11:00 PM] German conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in euros. In an announcement, the corporation highlighted the benefits of using blockchain, including the opportunity for direct sale to…

Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program

[Jan 23, 2023 1:00 AM] The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat…

Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy

[Jan 19, 2023 2:30 AM] The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the…

ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’

[Jan 6, 2023 4:30 AM] Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regulated. In an opinion piece, Panetta states that…

ECB to Decide Whether to Issue Digital Euro in 2023

[Dec 24, 2022 5:30 AM] The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year with the regulator planning to make a decision whether to proceed to…

Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program

[Dec 8, 2022 6:30 AM] The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central bank digital currency (CBDC). The institution clarified this new program has no relation with the current…

EIB settles €100 million digital bond on private blockchain

[Nov 29, 2022 9:45 AM] "Unlike some cryptocurrencies using blockchain technology, the EIB's blockchain bond issues do not lead to extensive energy use," the bank wrote.

Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says

[Nov 9, 2022 8:30 PM] The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expected to define the new currency’s legal tender…