ECB


Markets

First Mover: Stimulus Bet Wins Even as Bitcoin Slips Below $18K

MassMutual's push into bitcoin shows increasing adoption – of the narrative the cryptocurrency can work as a hedge against central-bank money printing.

It's taking bigger numbers to count the dollars and euros outstanding.

Policy

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.

ECB President Christine Lagarde.

Policy

ECB's Lagarde Has 'Hunch' Digital Euro Will Launch in 2-4 Years

ECB President Christine Lagarde says the impetus for a central bank digital currency could come from the need to facilitate cross-border finance.

ECB President Christine Lagarde speaks about the prospects for a digital euro at an online forum.

Markets

First Mover: Bitcoin Falls as COVID-19 Surges, ECB's Lagarde Steps Up, US GDP Hits 33%

The enthusiasm jolt from bitcoin's ascent toward $14K ran into realism, and options traders see low probabilities of a new price record this year.

European Central Bank President Christine Lagarde.

Policy

Digital Euro Will ‘Protect’ Eurozone From Foreign Issuers, Says ECB Exec

An executive member at the European Central Bank says a digital euro could protect the eurozone's monetary sovereignty from outside influence.

The ECB flags in front of the building. (Shutterstock)

Policy

'Misleading' Term Stablecoin Should Be Ditched, Says ECB

The EU central bank said the term stablecoin is potentially "confusing" and "misleading" to consumers.

ecb

Policy

Digital Euro Would Provide Alternative to Cryptos, ECB President Lagarde Says

A digital euro for retail payments would "ensure that sovereign money remains at the core of European payment systems," according to Lagarde.

ECB President Christine Lagarde (Alexandros Michailidis/Shutterstock)

Policy

ECB President: Europe Has Fallen Behind in the Digital Payments Race

European Central Bank President Christine Lagarde said a digital euro can place the region at the cutting edge of innovation but it may have fallen behind in the global competition for creating digital payment ecosystems.

ECB President Christine Lagarde.

Markets

First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K

After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.

ECB

Markets

'Game-Changer' Retail Digital Currency Now European Central Bank's Focus, Board Member Says

The European Central Bank is looking into what a retail central bank digital currency form of the euro might look like, executive member Yves Mersch said.

The European Central Bank is looking into what would be required for a retail-focused central bank digital currency, Executive Board Member Yves Mersch said in his opening to Consensus: Distributed Monday. (Credit: CoinDesk)