European Central Bank announces digital euro advisory group members
The European Central Bank (ECB) has announced the formation of a market advisory group for the purpose of exploring the infrastructural and circulation potential of the digital euro from the perspective of industry spearheads. The group also aims to uncover the digital euros optimal function within the pan-European currency’s vast payments ecosystem. The group includes […]
Digital euro offers better privacy protections than private stablecoins: ECB official
European Central Bank (ECB) executive board member, Fabio Panetta, has argued that a digital euro offers superior privacy protections than privately issued stablecoins. Panetta criticized the profit motive of private firms, emphasizing it is in their commercial interests to harvest masses of data on their users. “We are not like private companies,” the board member […]