EU lawmakers voice doubts about digital euro

EU lawmakers voice doubts about digital euro after ECB outage
European lawmakers are voicing fresh doubt about the European Central Bank’s digital euro project after an outage in the ECB’s existing payment system caused delays for thousands of households and traders.
Mass Banking Outage Sparks Doubts on EU’s Planned Digital Euro: Report
Vocal opposition to the European Central Bank's (ECB) digital euro project reportedly swelled after the institution's payment system crashed last month.
European lawmakers silent on US Bitcoin reserve amid digital euro push
European lawmakers have remained silent on the US Strategic Bitcoin Reserve order, a landmark policy shift favoring early adopters of Bitcoin due to its economic model. US President Donald Trump’s March 7 executive order outlined a plan to create a Bitcoin reserve using cryptocurrency seized in criminal cases rather than purchasing Bitcoin (BTC)
ECB President Christine Lagarde Targets October to Finish Digital Euro
The European Central Bank (ECB) plans to launch the digital euro, with the testing phase set to end by October 2025.
ECB Targets October to Finish Digital Euro Preparation Phase
European Central Bank President Christine Lagarde has said the ECB is looking to issue a digital euro by October 2025, once legislation comes into effect - if the central bank has its way. However, lawmakers recently raised doubts on whether a digital euro can take flight, according to a Reuters report on Monday.
European Central Bank sets October 2025 target for digital Euro launch
The European Central Bank (ECB) aims to launch its digital Euro by October 2025, though the final decision depends on lawmakers approval.
ECB’s Villeroy: Digital euro project more important than ever
The U.S.’s rejection of a central bank-designed digital currency has lent even more importance to the project in Europe, Bank of France Governor François Villeroy de Galhau said on Wednesday.
EU Targets October 2025 for Digital Euro Rollout Amid Legislative Scrutiny
The European Central Bank has announced plans to introduce a digital euro by October 2025, contingent upon the completion of necessary legislative processes. ECB President Christine Lagarde emphasized the significance of this timeline,
A 2025 Overview Of What You Need To Know About The Digital Euro
A big part of the European Central Bank's drive towards the Digital Euro is to compete and pry Europeans away from Bitcoin, ...
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Trump’s Stablecoin Embrace Pushes European Union to Accelerate Digital Euro Plans
The European Union appears to be feeling the pressure to fast-track its digital euro project as the Trump administration ...
Despite Bitcoin’s (BTC) Plunge, European Central Bank Moves Forward with ‘Digital Euro’ Currency
Despite the current selloff in cryptocurrencies such as Bitcoin (BTC), the European Central Bank (ECB) says it is proceeding ...
The digital euro: a silent threat to private banking?
Unfair competition: While private banks must attract deposits by offering interest rates and managing risks, a retail digital ...
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Is Ireland ready to buy into the digital euro?
BearingPoint Ireland’s Martin Deere discusses the digital euro in relation to Irish consumers and how the currency is ...
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Can GIFT City Be Testing Ground for India’s Sovereign Digital Currency (CBDC)?
The Promise of CBDC and Gift City’s Role. Is the Digital Rupee ready for real-world testing? At a time when countries like China and the European Union are pioneering their own ...
Euro has ‘clear path’ towards greater reserve currency use, says Eurogroup president
The euro has a “clear path” to bolster its position as a global reserve currency to rival the US dollar and must take advantage of the huge opportunities it now faces, according to the president of ...