Navigating Negative Interest Rates: The Role of CBDCs in Reshaping Monetary Policy
by Digital Euro Association on Jul 2, 2024 12:59:57 PM
The prospect of central bank digital currencies (CBDCs) emerges as a transformative force capable of reshaping our understanding of monetary policy and its instruments. The recent study, "Assessing the Effective Lower Bound in the Context of Introducing the Digital Euro," by authors M …
ECB Digital Euro Progress Report
by Digital Euro Association on Jun 26, 2024 11:41:12 AM
The European Central Bank has released a progress report on the preparation phase of the digital euro, offering insights into the ongoing efforts to create a secure and efficient digital currency for the Eurozone. This initiative represents a significant step forward in the evolution …
The Journey Towards a Digital Euro: An Update
by Digital Euro Association on Mar 19, 2024 2:31:24 PM
A Response to Evolving Payment Trends The European Central Bank (ECB) has given an update on the digital euro, an initiative set to bridge the gap between traditional cash and the increasing preference for digital transactions. In a recent speech by ECB Executive Board Member, Piero C …
ECB Introduces New Digital Euro Rulebook Workstreams
by Digital Euro Association on Mar 19, 2024 2:28:43 PM
In an essential update from the European Central Bank (ECB), the establishment of seven specialized workstreams towards digital euro development was announced. This announcement, made on March 18, 2024, is a crucial milestone in the ongoing journey to integrate a digital euro into the …
Draft digital euro still unfinished
by Piet Mallekoote on Sep 18, 2023 9:44:59 PM
Now that the European Central Bank is designing the digital euro and the European Commission has published a proposal for a legal framework, the introduction of the digital euro is approaching. Still, it is wise to experiment a bit more first.
Digital Euro and Privacy: Analysis of the Regulatory Proposal by the European Commission
by Jonas Gross on Jul 6, 2023 10:30:00 AM
On June 28, the European Commission published a regulatory proposal for the digital euro, a central bank digital currency (CBDC) for the Euro Area. In this proposal, the Commission suggested a way to design a digital euro and how to integrate it into EU laws. In this blog post, I will …
Digital euro - What can we expect in the legislative framework?
by Nilixa Devlukia on Jun 19, 2023 9:30:00 AM
On the 28 June 2023 the EU Commission will release a bumper package of legislative proposals impacting financial services - PSD3, open finance and a legislative proposal for a digital euro. The Digital Euro proposal was expected in late May 2023 but is now expected to be published alo …
On The Demand For A Digital Euro
by Cristiano Giordano on May 22, 2023 9:00:00 AM
The rapid technological evolution and the ongoing digital revolution are inspiring global interest in Central Bank Digital Currencies (CBDCs), which are projected to redefine the landscape of international finance. Among the global players, the European Central Bank (ECB) is actively …
Think Twice Before Introducing a Holding Limit for the Digital Euro
by Mark Warren on May 16, 2023 9:45:00 AM
The ECB's Proposal for a Digital Euro Holding Limit In October 2020, the European Central Bank (ECB) released a Report on a digital euro outlining the principles and requirements for a potential digital euro. One key requirement is that the digital euro should be limited to a means of …
The Political Ambition and Economic Reality of the (Digital) Euro
by Nicola Bilotta and Erwin Voloder on Apr 16, 2023 7:32:09 PM
States can use international monetary systems – and the leading role of their national currencies – as an instrument of power (Kirshner 1995). Since no global currency as yet exists, international trade, transnational investments and cross-border payments require the intermediation of …