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The ECB is wrong about Bitcoin — It’s central banks that are unfair

[Oct 25 12:00 PM] The central bankers are the ones printing money and making everyone poorer via inflation. Bitcoin is the solution, not the problem.

The ECB Economists Aren't Exactly Wrong About Bitcoin (They’re Just Useless)

[Oct 24 1:10 PM] Follow Aaron on Nostr or X. Earlier this month, the European Central Bank (ECB) published a paper in which the authors claim the existence of Bitcoin could impoverish non-holders and latecomers.Specifically, they wrote:“Since Bitcoin does not…

Bitcoin academics slam controversial ECB paper blasting Bitcoin

[Oct 23 3:53 AM] The rebuttal critiques several arguments made by the ECB paper’s authors earlier this month that argued Bitcoin's price should be regulated or outright banned. 

Sanctions Backfire: European Exporters Suffer More Than Russia

[Oct 22 5:30 AM] European sanctions against Russia are impacting small European exporters, particularly in Italy, more severely than Russia itself, according to Ferdinando Pelazzo, president of the Italian-Russian Chamber of Commerce. Small and medium-sized…

What The ECB Gets Wrong About Bitcoin

[Oct 21 4:37 PM] Follow Frank on X. Last week, Ulrich Bindseil and Jürgen Schaaf of the European Central Bank (ECB) published a paper entitled “The distributional consequences of Bitcoin” in which they made a host of dubious claims about Bitcoin.The notions that…

How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim

[Oct 21 2:30 AM] Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors…

‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction

[Oct 20 12:30 AM] Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management…

ECB paper claims older Bitcoin holders are exploiting new holders

[Oct 19 7:43 PM] Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation.

ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is Questionable

[Oct 8 11:30 PM] A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more…

ECB official proposes unified European ledger for digital assets

[Oct 7 9:17 PM] European Central Bank executive board member Piero Cipollone would like to see a sort of European union for digital assets.

Börse Stuttgart, ECB cut settlement time in blockchain test

[Oct 1 11:22 AM] Börse Stuttgart Group’s blockchain test, in collaboration with the European Central Bank, aims to revolutionize securities transactions by reducing settlement times to minutes.

Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank

[Sep 4 9:23 PM] The issuance was the company's first digital bond with fully automated settlement, building on last year's issuance on the Polygon network.

Privacy Fears Undermine Support for Digital Euro in Germany

[Aug 18 12:30 AM] Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to…

Slovenia Launches First Digital Bond in EU Sovereign History

[Jul 30 9:30 AM] On July 25, 2024, Slovenia issued its first digital bond, marking a significant milestone as the first EU sovereign and one of the earliest worldwide to do so. The bond issuance occurred under the European Central Bank’s (ECB) wholesale…

Slovenia launches EU's first digital sovereign bond via BNP Paribas

[Jul 29 5:57 PM] The bond was issued as part of ECB wholesale settlements experiments and matures on Nov. 25.

Slovenia Becomes First European Union Nation to Issue Sovereign Digital Bond

[Jul 29 9:59 AM] The 30 million-euro ($32.5 million) bond was settled through the Bank of France's tokenized cash system and coordinated by BNP Paribas.

Italy's Top Banks Participate in €25M Digital Bond Issuance on Polygon in ECB Trial

[Jul 18 2:32 PM] Global lenders and asset managers are increasingly exploring blockchain tech to issue and transfer traditional financial instruments, also known as tokenization of real-world assets.

ECB Maintains Interest Rates Amid Persistent Inflation Concerns

[Jul 18 8:16 AM] The European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting…

European Central Bank is exploring blockchain and MPC technology

[Jul 10 7:46 AM] The central bank has been experimenting with multiparty computation, which could support the entire European economy in the future.

ECB Publishes Digital Euro’s First Progress Report

[Jun 25 7:07 PM] The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, highlighting key design features and ongoing developments. The report emphasizes high privacy standards for both online and offline…

Digital Euro Holding Limit: Debate Continues

[Jun 25 4:11 PM] The president of Germany’s central bank has highlighted the ongoing debate about the holding limit for the digital euro, Europe’s central bank digital currency (CBDC). He noted that recent Bundesbank research indicates that the optimal…

European Central Bank releases first CBDC progress update

[Jun 24 12:10 PM] The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking.

Big banks rush in to test ECB’s wholesale distributed ledger tech

[Jun 24 11:37 AM] The new participants in the European Central Bank’s DLT tests include major financial institutions.

Crypto On Watch: Will ECB Rate Cut Fuel Bitcoin Rally?

[Jun 7 3:00 AM] Bitcoin prices are set to surge following the European Central Bank’s (ECB) decision to initiate its first interest rate cut in five years yesterday. The unanimous vote by all 20 national representatives slashed rates by 0.25%, marking a…

Study: Half of Surveyed Germans ‘Imagine Using a Digital Euro as an Additional Payment Option’

[Jun 4 7:55 PM] A new report has found that half of Germans who participated in a survey study can “imagine using a digital euro as an additional payment option.” However, the study also revealed that some three-quarters of the respondents view the…

ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’

[May 8 2:50 PM] Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of your core product is loosening…

Central banks must revise business model, embrace CBDCs — ECB member

[May 6 3:10 PM] Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit.

ECB Economists: Bitcoin Fails to Become Global Decentralized Digital Currency, BTC’s Fair Value Is Still Zero

[Feb 24 11:30 PM] The European Central Bank (ECB) has published a blog post claiming that “bitcoin has failed to fulfill its original promise to become a global decentralized digital currency.” The ECB economists who authored the post added that…

The European Central Bank Is Either Lying About Bitcoin or Lying to Itself

[Feb 22 1:26 PM] ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf are definitely against bitcoin, but their reasons don’t make a lot of sense.

ECB Officials' Full Statement on Bitcoin's Failed Promise and ETFs

[Feb 22 10:05 AM] "Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an…