Future regulation is intended to ensure uniform regulation for all European countries and covered participants.
European bankers on digital euro: ‘ECB has no interest in users’ personal data’
While anonymity still stands as the core issue of a European CBDC, the inevitable competition with private banks also raises questions.
ECB considers digital euro access, distribution in third design progress report
The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures.
What’s next for EU’s crypto industry as European Parliament passes MiCA?
What is the potential impact of MiCA on the EU crypto and blockchain market, and what other regulations can be expected for this rapidly evolving industry?
Societe Generale’s Crypto Division Introduces Euro Stablecoin on Ethereum
EURCV will be offered to institutional clients as a means of bridging the gap between traditional capital markets and digital assets.
Societe Generale launches euro-pegged stablecoin on Ethereum
The EURCV stablecoin is only available to institutional investors onboarded by Societe Generale through its KYC and AML procedures.
European Parliament report recommends researching, but not launching, digital euro
A European economist has found that a digital euro would be a problem without a solution; just wait and see, he suggested.
Crypto in Europe: Economist breaks down MiCA and future of stablecoins
A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe.
Ripple, Montenegro sign deal on project for unspecified national digital currency
The deal, teased in January, could create a national digital currency for a country that now uses the euro.
European Banking Federation shares its vision of digital euro, wCBDC, bank tokens
The EBF calls itself the voice of the European banking sector; it expressed its support for European digital money, with suggestions of its own.
Stablecoins have plentiful machine-payment use cases in absence of euro CBDC: Report
The Digital Euro Association sees automated micropayments as a way for Europe to maintain its digital competitiveness, once regulations are in place.
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”
ECB executive board member outlines plans for digital euro to European Parliament
ECB board member Fabio Panetta affirms the ECB’s digital euro privacy policy and says the digital currency will never be programmable, but it may have an app.
Binance’s SWIFT banking partner set to ban USD transfers below $100K
Binance stressed that credit and debit card payments will continue to be accepted and that non-USD bank transfers would still be processed through the SWIFT payment system.
Spain’s central bank approves euro-linked token pilot as part of sandbox initiative: Report
To use the tokens, users will need to verify their identity through phone and video identification, and load their wallet with real euros.
EU finance ministers’ group releases statement on political aspects of digital euro
The Eurogroup confirmed its support for digital euro research and noted that some of the design and use elements under consideration would require political decision making.
Cross-border crypto scammers on the hit list for EU agencies
Europol and Eurojust, two EU agencies for law enforcement cooperation, joined authorities from Bulgaria, Cyprus, Germany and Serbia to investigate online investment fraud since June 2022.
Cosmos EUR stablecoin project to unwind after 2 years
“The lack of real-world applications for blockchain has led to low demand for non-USD stablecoins,” e-Money wrote.
Digital euro settlement, distribution options detailed in latest progress report
The ECB is continuing its digital euro investigation with more pieces of the potential system filled in, but no commitment to blockchain technology or even its issuance has been made.
EIB settles €100 million digital bond on private blockchain
“Unlike some cryptocurrencies using blockchain technology, the EIB’s blockchain bond issues do not lead to extensive energy use,” the bank wrote.