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Tag: ECB

ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’

January 6, 2023 wp-bot Bitcoin News

Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value,

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Crypto can get weird: The 5 strangest stories of the industry in 2022

December 24, 2022 wp-bot Cointelegraph

Filmmakers are interested in documenting one of this year’s weirdest stories in crypto, but what else made the list?

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ECB to Decide Whether to Issue Digital Euro in 2023

December 24, 2022 wp-bot Bitcoin News

The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The

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Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

December 22, 2022 wp-bot Bitcoin News

Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His

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Digital euro settlement, distribution options detailed in latest progress report

December 21, 2022 wp-bot Cointelegraph

The ECB is continuing its digital euro investigation with more pieces of the potential system filled in, but no commitment to blockchain technology or even

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ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation

December 16, 2022 wp-bot Bitcoin News

The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war

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