Search results for Digital euro
Crypto
Sweden\'s Riksbank urges legal prep for digital krona amid spread of dollar-pegged stablecoins
Sweden\'s central bank, the Riksbank, has urged parliament to begin legislative preparations for a possible digital krona. It is re-examining the need for a central bank digital currency, citing the European Central Bank’s push for a digital euro and the spread of foreign currency-pegged stablecoins. The bank warned that without a digital version of the krona, Sweden’s payment system could lose competitiveness and krona use could weaken.
Crypto
U.S. moves to expand overseas use of dollar-backed stablecoins
The U.S. government is reviewing steps to expand overseas use of dollar-backed stablecoins, a move the Trump administration is considering as a way to strengthen the dollar’s role as the world’s reserve currency. The review may include joint ventures with private companies and participation by multiple federal agencies, including the Treasury and State departments and the U.S. International Development Finance Corp. Officials also expect increased demand for U.S. Treasuries, key reserve assets for these stablecoins.
Fintech
ECB seeks online merchants to test digital euro payments
The European Central Bank is seeking euro zone online and mobile commerce operators to test real-world payment conditions for a digital euro. The ECB has begun taking applications for its pilot from online retailers and mobile commerce businesses, expanding participation beyond 36 previously selected payment service providers to include merchants. Selected operators will process payments using a beta version that is similar in function but not legal tender. The pilot is planned for 12 months from the second half of 2027.
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Crypto
ECB to boost accessibility of digital euro app above EU legal standards
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Crypto
ECB selects 36 companies to test digital euro ahead of 2027 pilot
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Crypto
ECB warns stablecoin spread could undermine European bank deposit base
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Crypto
JPMorgan says Strategy selling is not a threat, private chains are the issue
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Crypto
ECB warns stablecoin spread could trigger bank runs, undermine monetary policy, urges faster digital euro
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Crypto
a16z crypto says \'stablecoin\' is an outdated term from early crypto era
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Finance
Four major financial groups\' Q1 results split as AI, digital finance spread
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Finance
Digital euro to use European standards instead of Visa, Mastercard
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Crypto
Circle pushes EURC to step up UK push as debate grows over why it gained early lead
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Crypto
Six major Swiss banks test Swiss franc stablecoin
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Crypto
ECB to push digital euro pilot in 2027, select payment firms in Q1 this year
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Crypto
ECB\'s Cipollone says digital euro essential to secure payment sovereignty