ECB sees ‘huge potential’ in conditional payments with digital euro but without blockchain
Conditional payments in the digital euro could expand beyond scheduled transfers, though they do not require blockchain technology, an ECB official says. The European Central Bank sees strong potential in digital euro payments that only happen when certain conditions are met, going beyond just scheduled transfers, says ECB executive board member Piero Cipollone. For conditional […]
Bitcoin not suitable for ECB reserves, says Lagarde
European Central Bank president Christine Lagarde said the bank would not consider holding Bitcoin reserves, even as sovereign entities increasingly turn to the asset. A longtime Bitcoin (BTC) skeptic, Lagarde remained unmoved by the growing trend of using Bitcoin as a reserve asset to hedge against inflation as a reserve asset to hedge against rising […]
ECB president ‘confident’ Bitcoin will not enter central bank reserves
Christine Lagarde seemed to dismiss concerns that Czechia’s central bank would adopt Bitcoin as a reserve asset. Source link
