The ECB’s decision to expand an emergency bond-buying program by €500B may represent latest installment of years-long balance-sheet increase.
ECB Boosts Emergency Bond-Buying Program By 37% to €1.85T Amid Pandemic Resurgence
The ECB says the additional monetary policy actions were needed because of a resurgence in coronavirus cases.
Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says
Stablecoins could “threaten financial security” if widely adopted, the ECB head said in a magazine interview.
Bank of Spain to Weigh Digital Currency Design Proposals, ‘Implications’ Through 2021
The “priority” research comes as Spain weighs a global pivot to digital economies.
Digital Euro Within Decade ‘Very Likely,’ Says Finland’s Chief Central Banker
Olli Rehn believes a digital euro “in one form or another” is all but inevitable.
European Central Bank Moves to Trademark ‘Digital Euro’
Central bankers have laid a claim to the phrase “digital euro” before deciding whether to actually issue one.
Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety
Bitcoin suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies.
As NY Fed Promises More Cash, What Will Christine Lagarde Do?
Bitcoin prices slid for a fifth straight day, but the bigger news is what the NY Fed and Christine Lagarde’s ECB do next.
That Noise You’re Hearing? Central Banks Struggling to Evolve
Noelle Acheson looks at the evolving role of central banks in the context of the current crisis, and what that could mean for crypto.
6 Central Banks Form Digital Currency Use Case Working Group
The working group will pool research into CBDCs.
‘Anonymity Vouchers’ Could Bring Limited Privacy to CBDCs: ECB Report
Europe’s central bankers have developed an “anonymity voucher” to give prospective CBDC users limited privacy in their retail transactions.
Cryptocurrencies Pose No Threat to Financial Stability: EU Central Bank
The European Central Bank has said that cryptocurrencies are currently not a threat to financial stability in the euro zone.
ECB Official Calls Bitcoin ‘Evil Spawn of the Financial Crisis’
ECB executive board member Benoît Cœuré has discussed potential uses for blockchain at central banks, but he’s really not keen on bitcoin.
Central Banks Say Blockchain Could Shake Up Securities Settlement
The second report from the project ‘Stella’ initiative explores applications of distributed ledger technology to securities settlement mechanisms.