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DIGITAL EURO, SEVERAL STEPS FORWARD
- 20 September 2022
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News, ECB - Lagarde, EU Law
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Europe is working on the design of a central bank digital euro (CBDC). The main motivation is to maintain the role of central bank money in the economy, even if it is ‘threatened by the digital revolution’, according to French Central Bank President Galhau. The recommendations of the Bank for International Settlements, which has long
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PART TWO OF THE ‘DIGITAL EURO’ PROJECT BEGINS
- 1 August 2022
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News, ECB - Lagarde, EU Law
From March 2020 to the end of last year, the French Central Bank conducted nine experiments that helped demonstrate how CBDCs could be used for wholesale payments. These involved cross-border and cross-currency payments as well as the settlement of securities. A year ago, simulations were started by the Monetary Authority of Singapore and Banque de
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“TRAVEL RULE” EXTENDED TO CRYPTO ASSET SERVICE PROVIDERS
- 4 April 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, ECB - Lagarde, EU Law
A counter-proposal by the Consortium CryptoValues to the proposed amendments to the Transfer Funds Regulations (“TFR”) that will extend the “travel rule” to the crypto asset service providers On 20.7.2021, the European Commission’s AML package included a revision of the Transfer Funds Regulations (“TFR”) (i.e. Proposal on “Regulation of The European Parliament and of the
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OPINION OF THE EUROPEAN CENTRAL BANK – MICA
- 27 February 2021
- Posted by: Cryptovalues
- Category: Central Banks, ECB - Lagarde
OPINION OF THE EUROPEAN CENTRAL BANK of 19 February 2021 on a proposal for a regulation on Markets in Crypto-assets, and amending Directive (EU) 2019/1937 On the 19th of February the ECB published an Opinion on the MiCA Proposal suggesting various adjustments and clarifications. In particular, it has recommended to clarify the distinction between
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LAGARDE CALLS FOR GLOBAL REGULATION OF BITCOIN
- 14 January 2021
- Posted by: Cryptovalues
- Category: Central Banks, ECB - Lagarde
European Central Bank President Christine Lagarde called on Wednesday for global regulation of Bitcoin, saying the digital currency had been used for money laundering activities in some instances and that any loopholes needed to be closed.. continue here In the meantime… Crypto custodian Anchorage has secured conditional approval for a national trust charter from the
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EUBLOCKCHAIN PUBLISHED A STUDY ON THE LAST DEVELOPMENTS OF EU BLOCKCHAIN SYSTEMS
- 24 November 2020
- Posted by: Cryptovalues
- Category: Cryptovalues News, ECB - Lagarde, EU Law
To support Europe’s efforts to develop a harmonized framework across the EU member states about crypto-assets and their underlying technology (Blockchain or Distributed Ledger Technology, DLT), it is therefore important to study the current level of regulatory and market maturity in each of them. The EUBlockchain Observatory and Forum has undertaken a study on capturing
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CBDC IN AN OPEN ECONOMY
- 20 November 2020
- Posted by: Cryptovalues
- Category: Central Banks, ECB - Lagarde
A working paper issued by the European Central Bank examines the open-economy implications of the introduction of a central bank digital currency (CBDC) and analyses the international transmission of standard monetary policy and technology shocks in the presence and absence of a CDBC and the implications for optimal monetary policy and welfare. The outcomes show
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EUROPEAN COMMISSION : DIGITAL FINANCE PACKAGE
- 31 October 2020
- Posted by: Cryptovalues
- Category: Central Banks, ECB - Lagarde
Addressing fragmentation in the digital single market, creating a European framework that facilitates digital innovation, creating a European financial data space, facing new challenges and risks, these are the aims of the “Proposals on markets in crypto-assets and on pilot regime for market infrastructures based on distributed ledger technology “ title of the Webinar held
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REPORT ON A DIGITAL EURO
- 4 October 2020
- Posted by: Curatore
- Category: Central Banks, ECB - Lagarde
“The euro belongs to Europeans and we are its guardian. We should be prepared to issue a digital euro, should the need arise.” Christine Lagarde, President of the ECB “We need to make sure that our currency is fit for the future. Inaction is not an option.” Fabio Panetta, ECB Executive Board Member Why a
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EC • DIGITAL FINANCE STRATEGY
- 24 September 2020
- Posted by: Curatore
- Category: Central Banks, ECB - Lagarde, Institutional Relations
COMMUNICATION : Digital Finance Proposal The digital finance strategy sets out general lines on how Europe can support the digital transformation of finance in the coming years, while regulating its risks “Based on broad public consultations and the Digital finance outreach, the European Commission adopted on 24 September 2020 a digital finance package, including a digital finance strategy and