#European Central Bank News

Mark Zuckerberg to Testify Before Congressional Committee on October 23

Facebook’s Libra Slammed by European Central Bank Executive

September 3, 2019 by Edoardo Vecchio at Altcoins

According to news published on Bloomberg on Septemeber 2, Yves Mersch, an executive board member at the European Central Bank (ECB), stated that Facebook’s proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy. You Can't be a Central Bank During the European Central Bank conference...

Christine Lagarde kickin back watching Libra and Bitcoin Fall

ECB Executive Says Libra Crypto Is a Wakeup Call to Regulators

July 8, 2019 by Ogwu Osaemezu Emmanuel at Regulation

An Executive Board Member of the European Central Bank (ECB), the financial institution responsible for administering monetary policies within the Eurozone, has opined that financial watchdogs across the globe must now fast track the process of regulating bitcoin (BTC) and other blockchain-based digital assets, as more and more institutions like...

Central Bank Digital Currencies May Come Sooner than Expected

July 1, 2019 by Edoardo Vecchio at Finance, Regulation

After the official announcement of Libra, Agustín Carstens, the general manager of the Bank for International Settlements (BIS), revealed that central banks may adopt digital currencies sooner than we expect. The fear is that big tech groups such as Facebook could establish a dominant position in global finance and pose...

European Central Bank Policymaker Backs Stablecoins over Bitcoin

May 16, 2019 by Mohammad Musharraf at Adoption, News, Regulation, Stablecoins

European Central Bank policymaker Francois Villeroy de Galhau believes that stablecoins can play an important role in the financial system as they aren’t as volatile as Bitcoin and other cryptocurrencies, reported Bloomberg, May 15, 2019. What’s Not Understood is Often Feared In the past seven days, Bitcoin’s price has reached...

ECB Policy Maker: Crypto Bubble Has Collapsed, Bitcoin Will Die as a Complete Load of Nonsense

January 8, 2019 by Aisshwarya Tiwari at Altcoins, Bitcoin, News

According to an article by Bloomberg, published on January 7, 2019, European Central Bank (ECB) policymaker Ardo Hansson opines that cryptocurrencies are destined to die as a “complete load of nonsense.” The Crypto Bubble Has already Started to Collapse While the crypto market has somewhat recovered from its recent slump...