Digital euro

Within the first week of his inauguration, President Donald Trump signed an executive order that included a directive to evaluate the creation of a "strategic national digital assets stockpile." The Federal Reserve has also shunned plans to create a central bank digital currency, setting a...

The Bank of Finland (BOF) announced it was underway to create a Finnish instant payment solution compatible with European standards. The solution will be based on credit transfer and not depend on payment card rails, as reported by CoinTelegraph. Find out more about how the European Union is...

The Banque de France has concluded that its wholesale central bank digital currency (wCBDC) could enhance cross-border payments, settlement finality, and security for a wide array of financial assets. This conclusion comes after conducting several tests using crypto-powered technologies. The...

The European Commission has unveiled an ambitious vision that aims to lay the groundwork for the creation of a digital form of the euro. Goal Of Modernizing Euro Currency The initiative seeks to modernize the currency, ensuring that citizens and businesses throughout the eurozone can continue to...

The European Central Bank (ECB) is finalizing prototypes for a digital euro. The ECB enlisted input from various industry participants to affirm the technical potential and the availability of European providers for developing digital euro solutions. This exploration signifies a variety of...

The European Central Bank (ECB) has been researching the feasibility of a digital euro since October 2021. A decision on whether to proceed to the testing phase is to be made by EU heads of state this autumn. The motivation for a digital euro arises from concerns that the Eurozone could become...