Gold Overtakes US Treasuries as Top Reserve Asset: ECB Data

In recent developments, gold overtook U.S. Treasuries in global official reserves by market value, the ECB said. The move reflected a 60% gold rally and rising demand for reserve diversification.…

ECB official says stablecoins risk importing old market flaws

In recent developments, eCB board member Isabel Schnabel warned that stablecoins could bring money-market risks into tokenized finance and reinforce US dollar dominance. Looking closer, market participants highlight key drivers…

ECB pushes back on euro stablecoin proposals, citing financial stability risks

In recent developments, the ECB warned EU finance ministers that expanding euro stablecoin issuance could weaken bank lending and complicate monetary policy. Looking closer, market participants highlight key drivers such…

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…