ECB Includes Amazon Over Prototype Interfaces For Digital Euro
Amazon will develop a payment processing interface for online stores. Payer-initiated transactions will be the primary emphasis of EPI’s solution.
European Central Bank chooses Amazon and 4 other firms to prototype digital euro app
The five fintech, payments, and e-commerce firms will create front-end prototypes for the digital euro, which will not be used in later phases of the CBDC project.
Digital Euro Will Focus on Personal Use First, Not Web3
A retail digital euro will, in the first stage, only enable payments initiated by people, rather than allowing businesses to settle invoices, issue paychecks or be used in decentralized finance,…
ECB’s Rehn says investigation for digital euro to conclude in October 2023
The investigation phase for a possible digital euro currency is expected to be concluded in October 2023, Finnish ECB policymaker Olli Rehn said on Tuesday.
Digital Euro Would Be a Success Only If Widely Used, ECB Says
The European Central Bank expects to complete the investigation phase of its digital euro project in the autumn of 2023.
ECB starts working on the digital euro
There are conflicting views between cryptocurrencies in general and a potential CBDC
European Commission receives more than 10,000 public comments amid digital euro consultation
Public, professionals consulted on possible establishment and regulation of digital currency. The post European Commission receives more than 10,000 public comments amid digital euro consultation appeared first on The Block.
Decentralization and Data Privacy: What a Digital Euro Should Prioritize
HEC Paris Affiliate Professor Marina Niforos discusses the European Union’s plans for a digital euro, addressing user privacy concerns of a centralized digital currency. Plus, a conversation on financial inclusion…
Digital euro will be subject to fewer AML laws than other cryptocurrencies
The digital euro for the European Union will have anti-money laundering provisions that are used for private cryptocurrencies. However, an EU Commissioner has said that the AML laws adopted for…
Lagarde Says ECB Will Decide on Digital Euro by Mid-2021
European Central Bank President Christine Lagarde said the ECB’s Governing Council will make a decision on whether to move forward with a digital currency by mid-2021, and that the process…
