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digital euro

privacy-concerns-worry-germany-about-the-possible-implementation-of-a-digital-euro

Privacy Concerns Worry Germany About the Possible Implementation of a Digital Euro

Leave a Comment / Bitcoin, Cash, Crypto, Crypto Hacked, Cryptocurrency, digital euro, Ethereum, European Central Bank, Germany, Privacy / / / , , , , , ,

While the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about the privacy aspects of this implementation, as most transactions and payments are still made using cash, and citizens are reluctant to share their personal information. […]

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ecb-publishes-digital-euro’s-first-progress-report

ECB Publishes Digital Euro’s First Progress Report

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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 payments, aiming to provide users with a cash-like level of privacy. First Progress Report on the Digital Euro Preparation Phase

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

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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 “aspect of privacy in connection with the use of the digital euro as very important or

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ECB’s Panetta Reinforces Digital Euro Focus on Payments

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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 that the digital euro, if approved, would be focused on making payments easier for Europeans. ECB’s Panetta

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

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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 available, Christine Lagarde assured during a discussion devoted to central bank digital currencies. Payment Cards

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

bank-of-spain-greenlights-euro-backed-stablecoin-token-pilot-program

Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program

Leave a Comment / Alex Saiz Verdaguer, Bank of Spain, Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, digital euro, Ethereum, EURM, Euro, European Central Bank, Fintech, MONEI, Payments, Polygon, Stablecoin / / / , , , , , , , , , , , ,

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 deposits in order to experiment with these in payment applications, increasing their transparency. Bank of

Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program Read More »

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

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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 new currency will be “preserving privacy by default and by design.” Eurogroup to Remain Involved in

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