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3232ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says
https://www.digit.info/ecb-raises-interest-rates-by-25bps-amid-too-high-inflation-no-pause-lagarde-says/
Fri, 05 May 2023 03:49:58 +0000https://www.digit.info/2023/05/05/ecb-raises-interest-rates-by-25bps-amid-too-high-inflation-no-pause-lagarde-says/Read more]]>The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator insisting it will continue to seek a “timely return” to its 2% inflation target and […]
]]>Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says
https://www.digit.info/brussels-to-put-out-digital-euro-law-shortly-ecbs-lagarde-says/
Thu, 10 Nov 2022 02:30:21 +0000https://www.digit.info/2022/11/10/brussels-to-put-out-digital-euro-law-shortly-ecbs-lagarde-says/Read more]]>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 status and determine its privacy features. EU Commission to Propose Legislation for Eurozone’s Digital Currency Authorities in […]
]]>ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto
https://www.digit.info/ecbs-lagarde-panetta-see-digital-euro-as-more-efficient-payment-means-than-crypto/
Sat, 16 Jul 2022 14:00:16 +0000https://www.digit.info/2022/07/16/ecbs-lagarde-panetta-see-digital-euro-as-more-efficient-payment-means-than-crypto/Read more]]>Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key objectives for the project which should provide Europeans with “easy access to central bank […]
]]>ECB Chief Lagarde: Crypto and Defi Could Pose ‘Real Risks’ to Financial Stability
https://www.digit.info/ecb-chief-lagarde-crypto-and-defi-could-pose-real-risks-to-financial-stability/
Fri, 24 Jun 2022 03:51:21 +0000https://www.digit.info/2022/06/24/ecb-chief-lagarde-crypto-and-defi-could-pose-real-risks-to-financial-stability/Read more]]>The president of the European Central Bank (ECB), Christine Lagarde, says crypto assets and decentralized finance (defi) have the potential to pose “real risks” to financial stability. She has some regulatory suggestions to supplement Europe’s Markets in Crypto Assets Regulation (MiCA) bill. Lagarde on Crypto Regulation ECB President Christine Lagarde talked about cryptocurrency regulation at […]
]]>Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says
https://www.digit.info/cryptocurrency-is-based-on-nothing-should-be-regulated-ecbs-lagarde-says/
Sat, 21 May 2022 13:34:40 +0000https://www.digit.info/2022/05/21/cryptocurrency-is-based-on-nothing-should-be-regulated-ecbs-lagarde-says/Read more]]>President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their life savings by speculating on crypto assets, the top ECB official has suggested. Cryptocurrency Is ‘Worth Nothing,’ ECB Governor Claims The head of the eurozone’s […]
]]>Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset
https://www.digit.info/cryptos-sanction-slipping-power-why-bitcoins-neutrality-is-its-greatest-humanitarian-asset/
Fri, 04 Mar 2022 10:30:52 +0000https://www.digit.info/2022/03/04/cryptos-sanction-slipping-power-why-bitcoins-neutrality-is-its-greatest-humanitarian-asset/Read more]]>Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing in the way of you and your loved ones’ well-being […]