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Fabio Panetta, the Governor of the Bank of Italy and a former European Central Bank (ECB) official, has stated that Europe’s ...
The global competition to transform traditional currency systems into digital currency is currently driving central banks across the world to create central ...
As the U.S. moves to ban a retail CBDC while China’s Digital Yuan sets transaction records, Europe’s Digital Euro finds itself caught between these two extremes. Can it deliver meaningful ...
Many central banks across the world are considering the introduction of a central bank digital currency (CBDC)/digital euro, and some have already done so. Among the major central banks in the West, ...
The European Central Bank (ECB) has released its second progress report on the preparatory stage of digital euro issuance. Holding limits for the central bank digital currency (CBDC) and ...
Israel’s central Bank announced in June that it was launching a Digital Shekel Challenge as a step towards the adoption of a CBDC within the jurisdiction. Israel awaits the European Central Bank ...
The European Central Bank (ECB) is laying the groundwork for the probable launch of its wholesale and retail central bank digital currency (CBDC), the Digital Euro. Christine Lagarde, President of the ...
Following this trend, in October 2021 the ECB launched a study phase on the possibility of issuing its own central bank digital currency (CBDC), the digital euro, to provide an additional form of ...
Central bankers are proposing a cap on CBDC account size, likely to be about €3000. Even so, full uptake would still mean significant pain. The digital euro could draw almost €1tn of deposits ...
The authors of the NBER paper analyzed how the potential introduction of a major CBDC, such as the digital euro, affects the valuations of payment firms. They did so using a database maintained by ...