Among supporters of cryptocurrencies, few are in favor of central bank digital currencies, also called CBDCs. Their argument? A philosophy at odds with the original spirit of Bitcoin, precisely designed to protect against the arbitrary decisions of States and banks. However, the digital euro is a question of sovereignty for Europe, which must face the […]
The notion of central bank digital currency remains, for most Europeans, a relatively abstract concept where confusion reigns supreme. All the surveys show this. When questioned, the general public appears to be very unfamiliar with the digital euro and is generally disinterested in this project, even though the Governing Council of the European Central Bank […]
The European Commission has presented a proposal defining the legal framework for a possible digital euro that would operate alongside cash. We tell you everything we know about this new electronic money. Credit: 123RF The EU's central banking authority wants to modernize the euro to adapt it to the digital age and make the EU […]
Emerging countries are actively working on an alternative to the current monetary system. Their fear is that the United States and Europe will increasingly use their existing currencies and reserve systems as a political weapon. Composition by currency of central bank reserve assets: United States. The US dollar USD was adopted after the ratification of […]
July 25, 2023 Photo credit, Getty Images Image caption, The European Commission has proposed the creation of a digital euro. If you hear about digital currencies, chances are the first thing that comes to mind is cryptocurrencies such as bitcoin. However, there are other virtually unknown digital currencies that are quietly making their way through […]
Two years after the launch of the project, the digital euro, the digital version of the European currency, will be equipped with a first legislative framework. The European Commission proposed on Wednesday June 28 two proposals for regulations to regulate the use of this new digital asset, intended as an alternative to cash in an […]
The European Commission today presented two proposals aimed at ensuring that citizens and businesses can continue to have and pay with euro notes and coins across the euro area, and to set out a framework for a possible new digital form of the euro, which the European Central Bank could issue in the future, in […]
