Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says

In recent developments, eCB President Christine Lagarde said Europe should build tokenized settlement infrastructure anchored by central bank money rather than rely on private stablecoins. Looking closer, market participants highlight…

ECB Moves to Facilitate the Implementation of Digital Euro Payments

In recent developments, the European Central Bank (ECB) established several agreements with Europe’s largest standards setters, including the ECPC, Nexo Standards, and the Berlin Group, to facilitate the use of…

ECB signs standards deals to cut digital euro integration costs

In recent developments, the ECB signed deals with three standards bodies to reuse open payment standards for the digital euro and lower integration costs for banks and merchants. Looking closer,…

ECB DeFi Governance Study: A16z Is Uniswap’s Top Voter, One-Third of Voters…

In recent developments, a new European Central Bank (ECB) working paper finds that governance over major decentralized finance protocols is controlled by a narrow group of token holders, delegates, and…

ECB paper questions if DeFi DAOs are decentralized enough to sit outside MiCA

In recent developments, an ECB working paper found DeFi governance remains highly concentrated, complicating efforts to identify who should fall under MiCA oversight. Looking closer, market participants highlight key drivers…

ECB says stablecoins, tokenized deposits need central bank money to scale

In recent developments, eCB Executive Board member Piero Cipollone said private digital money cannot scale Europe’s tokenized markets on its own, pointing to Pontes and broader legal reform as next…

ECB Says Digital Euro Is Ready as Decision Shifts to EU Lawmakers

In recent developments, with most work finished, the ECB says the digital euro now depends on political approval as discussion continues on sovereignty and privacy. Looking closer, market participants highlight…

ECB Warns Stablecoins’ Growth Spurs Potential Spillover Risks in Euro Area

In recent developments, the ECB says rapid stablecoin growth raises financial-stability concerns for the euro area despite currently limited local exposure. The European Central Bank (ECB) on Monday published a…