ECB

Crypto Popularity Could Pose Stability Risk, EU Watchdog Warns, as It Ponders New Powers

Fintech firms could face bank-style lending caps to stop crypto markets overheating, the European Systemic Risk Board said.

By Jack SchicklerMar 31, 2022

Christine Lagarde, president of the European Central Bank (Alex Kraus/Bloomberg via Getty Images)

Policy

ECB Official Calls for ‘Less Tolerant’ Approach to Bitcoin ‘Gambling’

Fabio Panetta's remarks come as EU lawmakers consider measures to end anonymous crypto transactions and cut off unregulated exchanges.

By Jack SchicklerMar 30, 2022

ECB Official Fabio Panetta (Thierry Monasse/Getty Images, modified by CoinDesk)

Policy

Small Digital Euro Payments Won’t Need Laundering Checks, ECB Official Says

The proposals regarding the potential future central bank digital currency come as lawmakers prepare to scrap anonymous bitcoin payments.

By Jack SchicklerMar 30, 2022

BRUSSELS, BELGIUM - JANUARY 20, 2020 : Italian member of the European Central Bank's executive board Fabio Panetta (L) and the President of the European Central Bank (ECB) Christine Lagarde (R) are waiting prior an Eurogroup Ministers meeting in the Jusuts Lipsius, the European Union Council headquarter on January 20, 2010, in Brussels, Belgium. The International Monetary Fund (IMF) will present the main findings of its euro area Article IV interim mission. he Eurogroup will discuss the updated draft budgetary plan of Portugal for 2020, on the basis of a Commission opinion. The outcome is expected to be reflected in a Eurogroup statement. The Commission will present its proposal for the draft recommendation on the economic policy of euro area for 2020, published on 17 December. Ministers will have a first exchange of views on the proposal. The Council addresses annual recommendations on economic policy to the euro area as part of the European Semester. (Photo by Thierry Monasse/Getty Images)

Policy

Crypto Implicated in Child Porn, Terrorism, French Official Says, Calling for End to Online Anonymity

The head of France’s anti-dirty money unit said the authorities should be able to access information about even small online transfers.

By Jack SchicklerMar 22, 2022

Ministère de l'Economie et des Finances (Daniele SCHNEIDER/Getty Images)

Policy

ECB’s Lagarde Supports Acceleration of Digital Euro Work

Concerns over crypto’s role in evading sanctions have prompted regulators worldwide to speed up efforts in the sector.

By Camomile ShumbaMar 10, 2022

European Central Bank (ECB) President Christine Lagarde (Ronald Wittek/Getty Images)

Markets

Bitcoin Reverses Wednesday's Gain Ahead of ECB Rate Decision, US Inflation

Markets have scaled back bets of ECB tightening in the wake of the Russia-Ukraine war.

By Omkar GodboleMar 10, 2022

Bitcoin drops to $39,000, reversing Wednesday's spike. (CoinDesk, Highcharts.com)

Policy

ECB Wants Quick Action on Crypto Regulation Following Russian Sanctions

The European parliament earlier today postponed a vote on a regulatory framework for cryptocurrencies.

By Stephen AlpherFeb 25, 2022

ECB President Christine Lagarde (CoinDesk archives)

Markets

ECB, BOE Have Scant Leeway to Influence Bitcoin

While all macro decisions matter, the Fed is the most important as it drives the global policy, one observer said.

By Omkar GodboleFeb 3, 2022

Videos

Week in Review: BOE Hikes Interest Rate, ECB to Reduce Crisis-Era Stimulus, Only 10% of Bitcoin Left to Mine

Taking a look at this past week’s stories making waves in the cryptocurrency space: The Bank of England (BOE) delivering a surprise interest rate hike, the European Central Bank (ECB) announcing an end to the crisis-era asset purchase program, and bitcoin officially surpassing 90% of its available supply.

Dec 17, 2021

Policy

ECB Sounds Alarm Over Linkages Between Stablecoins and Conventional Financial Markets

The central bank said exotic market segments, such as crypto, remain subject to “speculative bouts of volatility.”

By Parikshit MishraNov 17, 2021

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