ECB

ECB Wants Digital Cash for Banks to Keep up With Bitcoin

9 months ago adcity Comments Off on ECB Wants Digital Cash for Banks to Keep up With Bitcoin
Economics While American central bankers are still just monitoring the risks bitcoin poses to the established banking system, their counterparts across the Atlantic are already preparing to compete with the popular cryptocurrency. A member of the European Central Bank (ECB) executive board has called on commercial banks to implement new solutions that, in his view, will Read More

European Central Bank Denies the Issue of Ignoring Cryptocurrencies

9 months ago adcity Comments Off on European Central Bank Denies the Issue of Ignoring Cryptocurrencies
In the midst of Bitcoin’s wider awareness and adoption, the European Central Bank (ECB), which has previously evaluated Blockchain technology numerous times, seems to be quiet and distant from all the recent news and happenings. Or rather, this was the case until Benoît Cœuré, an executive member of the Central Bank, broke his silence stressing Read More