18 Oct 23 @ 17:24

The Governing Council of the European Central Bank (ECB) decided today to move to the next phase of the digital euro project: the preparation phase. This decision follows the completion of... read more

10 Oct 23 @ 18:21

As the European Central Bank (ECB) progresses towards a final decision on its digital euro retail CBDC, the Spanish banking sector has put together use cases that would see the... read more

18 Sep 23 @ 14:50

In May 2023, the European Commission published a draft proposal to mandate the use of instant payments for all Euro transactions between member states into and out of the Euro... read more

15 Sep 23 @ 14:42

Non-cash transaction volumes maintained upward momentum as consumers and businesses adopted digital payment schemes. The World Payment Report 2023 estimates suggest that from 2022 to 2027, non-cash transaction volume growth will... read more

13 Jul 23 @ 09:37

A new report from BIS presents the results of a survey of 86 central banks conducted in late 2022 about their involvement in central bank digital currencies work, as well... read more

14 Jun 23 @ 17:25

Recent thinking published by HM Treasury and the European Central Bank show divergence between the UK and European Union (EU) visions for digital currency. At present, the UK seems to... read more

02 Jun 23 @ 10:00

Amid all the hype about a digital future in which consumers transact instantly between their accounts using digital wallets, it can be easy to lose sight of the present –... read more

31 May 23 @ 11:53

The European Central Bank (ECB) has published two reports on its market research and prototyping exercise, which were both conducted as part of the investigation phase of the digital euro project. The... read more

10 May 23 @ 12:51

Giorgio Andreoli took up the post of Director General of the European Payments Council (EPC) on 1 April 2023. To get his views on the direction of the payments landscape... read more

10 May 23 @ 09:37

The European Parliament has published a paper entitled, Digital Euro: When in doubt, abstain (but be prepared) ahead of a vote on whether to proceed with the technical implementation phase... read more

19 Apr 23 @ 17:15

In October 2022, the European Union finalised the text of its regulatory framework called Markets in Crypto-Assets or MiCA. The final vote on the new regulation is scheduled for April 19, 2023, meaning the... read more

31 Mar 23 @ 11:36

Not wanting to go unheard in this important period of discovery with the digital euro project, the ESBG has been taking an active role in digital euro-related discussions and overall... read more

29 Mar 23 @ 10:26

The European Banking Federation (EBF) has published a vision paper on a Digital Euro Ecosystem. The EBF sets forth its perspective on the digital money ecosystem of the future, where... read more

21 Mar 23 @ 14:21

EBA CLEARING says its systemically important payment system EURO1 has successfully migrated to ISO 20022. The RTGS-equivalent payment infrastructure closed its first business day operating on the new message standard.... read more

07 Feb 23 @ 18:08

Digitalisation has changed, and will continue to change, the way people make payments. Today’s payment options are in some ways unrecognisable from what was available a decade ago. Using a... read more

07 Feb 23 @ 15:00

The UK’s Treasury and the Bank of England have announced a new, bullish timeframe for the build and launch of a digital pound CBDC. The UK Treasury and Bank of... read more

17 Jan 23 @ 11:00

Since the launch of the investigation into the possible issuance of a digital euro in October 20211 in response to the invitation by Leaders at the Eurosummit, the Eurogroup has held... read more

13 Jan 23 @ 12:50

There are worrying signs that the war on cash is not going well…Payments Cards & Mobile recently reported that in the UK consumers are switching back to cash in a... read more

12 Jan 23 @ 14:05

The EU has set out the world’s first comprehensive set of rules for regulating crypto markets in its MiCA regulation. They are due to receive final approval in the coming... read more

12 Dec 22 @ 12:56

Such is the volatile nature of cryptocurrencies that the market can all too easily enter one of its periodic downturns — what’s referred to as a “crypto winter.” This happened... read more