European Central Bank, Blockchain

European Central Bank Focus on Blockchain Based Payment Layer
In a newly published press release the European Central Bank doubled down on its commitment to the integration of technologies that will benefit the end user.The statement noted that "The Eurosystem wants to support the use of innovative solutions in its market infrastructures while maintaining the safety and efficiency of TARGET Services.
European Central Bank Takes Step Toward Blockchain-Based Payments System
The ECB’s plans to build a payments system on distributed-ledger technology could lead to the issuance of a digital euro.
European Central Bank reports highest loss in history
The European Central Bank (ECB) reported its second consecutive year of losses on Thursday, with a deficit of about €7.9 billion ($8.2 billion) recorded for 2024. This marks the highest loss in the ECB's more than 25-year history.
European Central Bank to Work on Settlement System for Distributed-Ledger Transactions
The European Central Bank (ECB) said it is looking to develop a way of settling distributed-ledger technology (DLT) transactions with fiat currency as it expands its work on the key feature that ...
ECB to create a blockchain-based payment system
The European Central Bank (ECB) is officially bringing blockchain into the European financial system, launching a new payment system to settle central bank money using distributed ledger technology (DLT).
ECB's Wunsch Warns of Risk of 'Sleepwalking' Into Excessive Rate Cuts, FT Reports
(Reuters) - European Central Bank policymaker Pierre Wunsch said the euro zone faces the risk of "sleepwalking" into excessive interest rate cuts and must be prepared to stop soon, the Financial Times ...
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Bulgaria's anti-euro protesters try to storm EU mission building
The anti-government protesters, chanting "Resignation" and "No to the Euro", threw red paint, firecrackers and Molotov ...
European Central Bank ramps up wholesale CBDC platform development
The European Central Bank (ECB) is ramping up the development of a wholesale CBDC initiative for transaction settlement between institutions.
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Estonia in new push to get EU to seize Russian assets for Ukraine
Estonia has launched a new push to get fellow EU members to agree to seize frozen Russian assets and use them to help Ukraine ...
European Central Bank’s annual loss hits record €7.9bn
The European Central Bank’s loss ballooned to a record €7.9bn last year, as its interest rate payments on its own financial liabilities rose as a result of its decision to increase borrowing costs.
Why are seasoned investors betting big on European equities?
Investor confidence in European equities is surging as markets hit record highs. A Bank of America survey shows fund managers ...
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US tariffs to thwack European economy: report
In a recent report, the European Central Bank (ECB) highlighted trade tariffs as one of the European economy's major ...