European Central Bank

Highlights: The President of the ECB urges EU and non-EU stablecoin issuers to follow strict reserve rules. Weak oversight and mixed issuances could create loopholes, increasing investor redemption risks. Global stablecoin developments, including the U.S., EU, and China, raise financial […]

Highlights: Christine Lagarde, the ECB President, recently revealed that Bitcoin does not qualify as a reserve asset for the EU. She cited liquidity, crime-prone, and security as the factors for the decision. The ECB President also asserted that her Czech […]

Highlights: ECB proposes a digital euro to counter the rise of dollar-backed stablecoins. Trump’s executive order prohibits the Federal Reserve from issuing a CBDC. European banks fear losing deposits due to ECB-backed digital wallets. The European Central Bank (ECB) is […]

Highlights: ECB officials claim Bitcoin’s rise shifts wealth from latecomers to early adopters. The report encourages non-holders to support legislation against Bitcoin to safeguard their wealth. Celebrities endorse Bitcoin, promoting it mainly as an investment rather than a currency. According […]