Bookmarking Crypto Insights
Auto Added by WPeMatico
Lagarde stressed that stablecoins should comply with EU-equivalent regulations in other jurisdictions to operate in the region. She also called for establishing assurances to avoid the transfer of EU funds abroad in the case of runs on these assets. Lagarde Stresses Stablecoin Projects Should Comply With EU-Equivalent Regulation in Other Jurisdictions The European Union (EU) … Read more
European Union officials are accelerating plans for a digital euro in response to the recent passage of a stablecoin law in the United States, which has raised concerns about the competitiveness of a European digital currency. The U.S. Congress approved legislation overseeing the $288 billion stablecoin market, prompting EU discussions on potentially utilizing a public … Read more
A recent report prepared by ECB officials found that cash has maintained its relevance even in the EU, with predictions of a cashless society failing to materialize. While cash usage has been slowing down in the payments arena, its adoption has grown in other ways. Study Finds Cash Is Still Somewhat King for EU Citizens … Read more
Jürgen Schaaf, Advisor to the Senior Management of Market Infrastructure and Payments at the ECB, has warned about the potential impact of stablecoins in Europe, claiming that they could weaken the banking system by diverting deposits to decentralized alternatives. ECB Adviser Jürgen Schaaf Warns About Potential Erosion of the Banking System by Stablecoins European authorities … Read more
Piero Cipollone, member of the ECB executive board, highlighted the relevance of the digital euro for the health of sovereign payments in Europe. He also remarked that such a solution would maintain banks in the financial loop, while stablecoins seek to sidestep them. ECB Defends Digital Euro Thesis as Sovereign Cash Alternative The European Central … Read more
The ECB proposal includes the creation of new, standardized savings products that would redirect part of savers’ funds to EU capital markets. To attract savers, these products would harness tax incentives and be offered across all European nations. ECB Proposal to Shift Savings to Capital Markets Gets Labeled as Marxist A blog post revealing a … Read more
In a recent blog post, Christine Lagarde, President of the European Central Bank, emphasized the need for Europe to strengthen three foundational pillars—geopolitical credibility, economic resilience, and legal and institutional integrity—to enhance the euro’s global prominence. Lagarde noted the shifting global order, characterized by rising protectionism and uncertainty, which poses risks to Europe’s economy and … Read more
The European Central Bank is racing toward the launch of a digital euro, driven by surging consumer demand and the need to unify Europe’s digital payment landscape. ECB Close to Digital Euro Launch to Meet Consumer Demand, Maintain Cash and Digital Balance European Central Bank (ECB) President Christine Lagarde confirmed on June 12 during an … Read more
The European Central Bank (ECB) trimmed its key interest rate by 25 basis points on Thursday, June 5, 2025, reducing the deposit rate from 2.25% to 2.0%. In contrast, the odds of the U.S. Federal Reserve delivering a rate cut remain faint at best. Polymarket, Kalshi, CME Futures Bet the Fed Won’t Budge—Trump Fumes This … Read more
European Central Bank (ECB) President Christine Lagarde has urged the European Union to develop its own digital payment platform, moving away from reliance on foreign giants like Visa, Mastercard, Paypal, and Alipay. Speaking on The Pat Kenny Show, Lagarde emphasized the need for a “European offer” to secure financial sovereignty, highlighting the risks of dependence … Read more
