European Central Bank (ECB)
Major central banks set out CBDC policy debates
BIS and central banks discuss major policy issues that still need to be solved
Saxo Bank: Lagarde may declare monetary policy overreached limits
In one of its ‘outrageous predictions’ for 2020, the Danish bank says the ECB may wake up to the sad reality of negative interest rates
Swedish central bank considers joining Target2 and T2S
Sveriges Riksbank says Eurosystem platforms could enhance policy but has security concerns
Bank of Israel accelerates work on CBDC
Central bank has been exploring pros and cons of issuing a digital shekel since 2017
ECB’s digital euro consultation reveals public’s privacy fears
Nearly half of responses to ECB come from Germany
OTC FX options market gears up for faster electronification
Share of electronic trading remains low but host of factors promise to change that for good
ECB pushes for greater crypto asset powers
Central bank suggests changes to afford it greater oversight of e-money issuers
Ulrich Bindseil on the launch of the digital euro
The ECB’s director-general for market infrastructure and payments speaks about the functionality, tiering approaches, privacy policies, ledger technology and ecosystem impact of the eurozone's planned CBDC
ECB steps up research on ‘digital euro’
Central bank analysing both centralised and decentralised options for a digital currency
Major economies already engaging in ‘currency wars’ – former IMF chief
De Larosière floats new commodity-based exchange rate regime; says “trust” is key to avoiding “beggar-thy-neighbour” policies
ECB and BoJ point to major problem in DLT-based payments
Project Stella report says central source of information could create single point of failure
ECB paper offers tiering solution to CBDC structural concerns
Separating CBDC functions could disincentivise use during crisis, but disintermediation of banking sector still a risk
Eurochain: CBDC project seeks secure anonymity
Proof of concept blends anonymity with AML/CFT regulation
Lagarde promises wide-ranging review of ECB monetary policy
ECB to form digital currency task force as Lagarde calls for EU action on green finance
Central banks should collaborate on multicurrency CBDC – research
Lithuania’s central bank notes national CBDC projects will not solve global payment inefficiencies
ECB: Libra a “black hole” of legal certainty
But current global standards fit for purpose to underpin digital assets
ECB and PBoC renew bilateral currency swap
Euro-renminbi currency swap agreement will stay in place until October 2022
Bankers are ignoring crypto assets’ flaws – expert
Technologists are more worried than financiers by problems, expert tells IMF panel
RBC: yield differentials will favour dollar over others
Despite falling US interest rates, the dollar will remain a high-yielding currency
ECB prepares for ‘big-bang’ move to new market infrastructure
Eurozone's payments, instant payments and securities settlement systems will merge by end of 2021
Swift conducts 13-second cross-border payment
Trials complete payments from origination through to clearing and settlement within seconds