ECB Executive: Digital Euro Can Protect Privacy Better Than Private Alternatives – BeInCrypto

A member of the European Central Bank’s (ECB) said in an interview that the digital euro is more capable of protecting privacy than private alternatives because it will not focus on the commercialization of data.

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ECB leader floats 3K threshold for digital euro holdings

In an interview today, Fabio Panetta, executive member of the European Central Bank said the ECB may only allow digital euro holdings “up to a certain threshold” but added that the rollout of the central bank digital currency was unlikely to cause banks to lose deposits.

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ECB Sees Digital Euro as Useful for ‘All Citizens’ – BeInCrypto

ECB President Christine Lagarde pointed out that a digital euro is not only for just the elite, or the young.

The European Central Bank (ECB) posted a tweet on Jan. 23 in which ECB President Christine Lagarde calls a properly-implemented digital euro “of service for all citizens”.

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China-based BSN Readies International CBDC Platform – BeInCrypto

China’s initial CBDC trials captured the attention of the world’s central bankers. Now, they’re planning on going global.

China’s Blockchain Service Network (BSN) laid out its plans for 2021 on Jan. 15.

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ECB Asks For Opinions on Digital Euro – BeInCrypto

It seems that the European Central Bank (ECB) is inching closer to digitizing the Euro.

In a Jan. 8 tweet, the ECB asked for public opinion on digital Euro implementation. This form of Euro will be a central bank digital currency (CBDC) under the ECB.

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