Stablecoin Growth Erodes Bank Deposits, ECB's Cipollone Warns, Urges Digital Euro
ECB's Cipollone cautions that stablecoin growth risks draining bank deposits, advocating a digital euro to keep banks central to the payment system.
ECB's Cipollone cautions that stablecoin growth risks draining bank deposits, advocating a digital euro to keep banks central to the payment system.
The ECB's selection of Deutsche Bank and Revolut to pilot a digital euro beta for various payments advances the eurozone's CBDC plans,…
European Central Bank names 36 payment providers including Revolut for digital euro beta test, advancing the CBDC pilot ahead of planned 2027…
The European Central Bank launched a digital euro trial enlisting fintech Revolut and bank UniCredit, marking a critical step in eurozone CBDC…
South Korea announced a 2027 pilot for tokenized government bonds on the Bank of Korea's wholesale CBDC platform, signaling a major step…
Trump's refusal to sign a housing bill enacts a US CBDC ban, eliminating a government digital currency competitor for crypto until 2030.
US CBDC ban kicks in at midnight via housing bill, boosting crypto sentiment while dollar holds steady in absence of a digital…
Bank of England Governor Andrew Bailey denied that Nigel Farage’s lobbying altered the central bank’s CBDC policy, affirming the independence of monetary…
SBI Crypto shuts down a major Bitcoin mining pool, while Russia presses on with its digital ruble despite EU sanctions, highlighting Asia's…
Trump reports $1.4B crypto windfall and supports digital asset legislation, signaling a crypto-friendly Washington shift.
The Reserve Bank of India reportedly revives its push to bar banks from handling cryptocurrencies and private stablecoins, seeking to shield the…
President Trump faces a 10-day deadline to decide on a housing bill that would prohibit the Fed from creating a digital dollar…