About: cryptocurrency

The European Commission is to work alongside the European Central Bank (ECB) in probing a range of 'policy, legal and technical' pitfalls that could emerge as part of plans to introduce a Digital Euro crypto-currency in mid-2021.
Digital 20-01-2021

Commission and ECB join forces on digital euro as privacy concerns emerge 

The European Commission is to work alongside the European Central Bank (ECB) in probing a range of 'policy, legal and technical' pitfalls that could emerge as part of plans to introduce a digital euro crypto-currency in mid-2021.
Economy & Jobs 12-10-2020

Why is the ECB eyeing a ‘digital euro’?

The European Central Bank will on Monday (12 October) launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club.
Economy & Jobs 02-10-2020

McGuinness wants ‘full investigation’ into Wirecard scandal

The Commissioner-designate for financial services, Ireland's Mairead McGuinness, promised on Friday (2 October) a “full investigation” into the Wirecard fraud that has thoroughly shaken up Germany, to see why supervision failed.
Economy & Jobs 17-09-2020

LEAK: Commission plans new revolution for “open finance” in 2022

The European Commission wants financial firms and other companies to share more customer data to create a “broader open finance space" with new services for citizens, according to a draft of the Digital Finance Strategy seen by EURACTIV.
Economy & Jobs 11-09-2020

Big euro economies push for strong cryptocurrency rules

The finance ministers of France, Germany, Italy, the Netherlands and Spain called on the European Commission to include “strong rules” in its upcoming cryptocurrency proposal, in particular for global digital tokens like Facebook’s Libra.
Economy & Jobs 10-09-2020

LEAK: EU to create ‘superbody’ of watchdogs to oversee digital currencies

The EU will set up a new college of supervisors, including national and European authorities, to oversee “significant” digital currencies including Facebook’s Libra, according to the European Commission’s cryptocurrency draft proposal seen by EURACTIV.
Economy & Jobs 04-09-2019

Lagarde pledges to continue with Draghi’s loose monetary stance

Christine Lagarde promised on Wednesday (4 September) to respond with “agility” to the looming financial and economic turbulences once she becomes the president of the European Central Bank in November, while confirming that the current loose monetary stance will continue for a “long period of time.”
Economy & Jobs 04-09-2019

EU member states to look into Facebook’s controversial Libra

The Economic and Financial Committee (EFC), which brings together the EU’s member states, has requested an analysis note from the European Commission to further look into the risks posed by Facebook’s controversial digital currency Libra and the ways to regulate it.
Economy & Jobs 18-07-2019

G7 says Facebook’s Libra poses ‘serious risks’

The G7 listed on Thursday (18 July) the requirements Facebook’s new ‘coin' Libra should meet, as regulators are increasingly wary of the “serious risks” posed by this digital currency.
Data protection 23-06-2019

European central bankers claim oversight over Facebook’s cryptocurrency

Three European central bankers are claiming oversight over Facebook’s planned virtual currency to ensure it will not jeopardise the financial system or be used to launder money.
Digital 01-02-2019

Dirty money risks encroach on Estonia’s digital utopia

Estonia’s push to become a digital society has left it vulnerable to dirty money and sanction breaches, the country’s top banking regulator has warned.
Economy & Jobs 05-09-2018

Europe moves towards a common approach to regulate cryptoassets

European decision-makers and regulators are progressing towards an EU approach for dealing with cryptoassets, digital assets that use cryptography such as Bitcoin and represent a booming market still viewed with concern by financial supervisors.
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