21 Jun 21 @ 13:04

The introduction of a digital euro would boost consumers’ privacy and protect the eurozone from the “threat” of competing cryptocurrencies that could undermine the bloc’s monetary sovereignty, according to the... read more

11 Jun 21 @ 15:03

The last time the banks and infrastructure providers in the European payments market tried to build a payments network capable of taking on the US companies that dominate the sector,... read more

14 May 21 @ 10:34

Facebooks cryptocurrency Diem has been forced to abandon plans to gain a license in Switzerland via its financial regulator FINMA and is instead going to set up operations in the... read more

09 Mar 21 @ 09:36

Diem has announced partnership with Fireblocks to launch a new payment solution for institutions, merchants and payment networks, across the global stablecoin and payments system formerly known as libra. The... read more

23 Feb 21 @ 17:00

Throughout history, innovations in money have challenged and altered the structure of the financial system, but perhaps non more so than the concept of a digital euro. Time and time... read more

22 Feb 21 @ 15:19

Almost all countries increased regulation of the crypto finance industry in 2020. The COVID-19 pandemic provoked a significant boost of digital crimes, including money laundering, terrorist financing, online black marketing... read more

04 Feb 21 @ 17:02

The European Central Bank has announced that it will take the enormous decision in spring, whether to move ahead with the initial work to launch a digital euro. The complex... read more

03 Dec 20 @ 13:19

BBVA, Spain’s second-largest lender by assets, and smaller Banco de Sabadell have ended their merger talks due to  disagreement over pricing. Despite numerous calls for consolidation, the Spanish example underlines... read more

14 Oct 20 @ 08:23

The influential Financial Stability Board (FSB) has published the final version of its high-level recommendations for the regulation, supervision and oversight of Global Stablecoin (GSC) arrangements following an earlier public consultation.... read more

09 Oct 20 @ 09:45

A group of seven central banks together with the Bank for International Settlements (BIS) has published a report identifying the foundational principles necessary for any publicly available CBDCs to help... read more

30 Sep 20 @ 18:19

The European Banking Authority (EBA) has launched its 7th annual EU-wide transparency exercise. The objective is to provide market participants with updated information on the financial conditions of EU banks... read more

23 Sep 20 @ 12:43

In July the European Central Bank welcomed the decision brought forward by 16 European banks to launch The European Payments Initiative, a pan-European payment scheme. Although the solution aims to... read more

21 Sep 20 @ 09:01

The ECB says it is still assessing whether to introduce a digital euro and that it will soon share findings of a task force before launching a final public consultation.... read more

01 May 20 @ 09:33

China will begin trialling payments of its new Central Bank Digital Currency in four major cities, according to domestic media. In recent months, China’s central bank has stepped up its... read more

06 Apr 20 @ 16:21

The Latin American e-commerce market in the countries selected for detailed study is worth $50 billion and is growing at a rate of 23% a year. Today, 34% of online... read more

20 Mar 20 @ 12:49

The European Central Bank says it will spend €750 billion in bond purchases to calm down sovereign debt markets, in the strongest signal in the euro area to date that... read more

21 Jan 20 @ 14:06

The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International... read more

12 Nov 19 @ 14:18

Twenty European banks are reported to be working on setting up a pan-European payment system in order to challenge the perceived dominance of Visa and Mastercard as well as technology... read more

17 Sep 19 @ 11:03

Representatives of Facebook were grilled by central bank regulators on its planned Libra coin project amid concerns from EU governments regarding the threat the digital currency poses to financial stability.... read more

09 Sep 19 @ 08:28

As was recently reported from the China Finance 40 Group, a senior official at China’s central bank announced  that the country will soon roll out its central bank digital currency (CBDC.)... read more