The European Central Bank has declared its technical work on a digital euro complete, shifting the project’s fate to the political arena of the European Union. With systems built and safeguards defined, the ECB now awaits legislative authorization from the European Council and Parliament for a retail central bank digital currency (CBDC) designed to fortify monetary sovereignty against the rising tide of private stablecoins and shifting U.S. crypto policy.
about ECB Ready for Digital Euro, Awaits EU Legislative ApprovalChristine Lagarde
0 posts last weekECB’s Digital Euro Plan Sparks Crypto Backlash
European Central Bank President Christine Lagarde’s endorsement of the digital euro has triggered significant criticism from cryptocurrency communities and political influencers. The ECB’s announcement positions the central bank digital currency as a unifying payment solution for the European Union, with technical infrastructure development already approved for a potential 2029 rollout. However, the push for CBDC implementation has drawn overwhelming backlash from crypto advocates who view the initiative as a threat to financial decentralization.
about ECB's Digital Euro Plan Sparks Crypto BacklashDigital Euro Set for 2027 Pilot, 2029 Europe Rollout
The European Central Bank is accelerating development of its digital euro, targeting a pilot launch in mid-2027 followed by a full European rollout in 2029. ECB President Christine Lagarde announced the move to the ‘next and final phase’ of CBDC preparation, emphasizing the importance of digitizing cash. However, crypto enthusiasts remain skeptical about privacy and centralization risks as Europe joins a growing global race to develop central bank digital currencies.
about Digital Euro Set for 2027 Pilot, 2029 Europe RolloutECB Holds Rates Steady Amid Trade, France Fiscal Woes
The European Central Bank is maintaining its current interest rates for the third consecutive meeting as policymakers await critical year-end economic projections. Officials indicate monetary policy remains in a ‘good place’ with inflation nearing the 2% target while the eurozone economy shows modest growth, balancing between controlling price pressures and supporting fragile expansion amid global trade tensions and France’s fiscal challenges.
about ECB Holds Rates Steady Amid Trade, France Fiscal WoesEU Warns of Stablecoin Risks, Urges Policy Action
European regulators have issued a stark warning about vulnerabilities in cross-border stablecoin schemes that could trigger systemic shocks. The European Systemic Risk Board chaired by ECB President Christine Lagarde calls for urgent policy action to address potential redemption pressures. With the stablecoin market now exceeding $300 billion, regulators fear insufficient reserves could force central bank intervention.
about EU Warns of Stablecoin Risks, Urges Policy ActionECB Advances Digital Euro with Key Service Providers
The European Central Bank has selected multiple technology firms to develop core infrastructure for a potential digital euro, marking a significant advancement in the eurozone’s preparations for a central bank digital currency. This strategic initiative aims to position Europe competitively in the rapidly evolving digital payments landscape while reducing reliance on private stablecoins and strengthening financial sovereignty. The move comes amid growing calls from regulators and lawmakers to accelerate development of both retail and wholesale versions of the digital currency.
about ECB Advances Digital Euro with Key Service ProvidersEU Watchdog Pushes Ban on Multi-Issuer Stablecoins
European financial authorities are escalating their scrutiny of multi-issuer stablecoins with a potential ban recommendation that could reshape the crypto landscape. The European Systemic Risk Board has reportedly called for restrictions on stablecoins issued jointly across EU and non-EU jurisdictions, targeting major players like Circle and Paxos. This regulatory push follows recent warnings from ECB President Christine Lagarde about dangerous gaps in crypto oversight and reflects growing concerns about financial stability risks posed by cross-border digital assets.
about EU Watchdog Pushes Ban on Multi-Issuer StablecoinsFrance Defies EU Fiscal Rules, Barclays Economist Warns
Silvia Ardagna, Head of European Economics Research at Barclays, stated that France is likely to disregard the European Commission’s fiscal consolidation guidelines despite ECB President Christine Lagarde’s insistence on compliance. Ardagna highlighted a conflict between political stability and fiscal discipline, predicting the French government will weaken former Prime Minister’s proposals to avoid instability. The remarks, made on Bloomberg TV’s The Opening Trade on September 11, underscore growing tensions between EU fiscal expectations and national political realities in France.
about France Defies EU Fiscal Rules, Barclays Economist WarnsECB’s Lagarde Urges Tighter Stablecoin Rules to Protect EU
ECB President Christine Lagarde has identified critical gaps in the EU’s Markets in Crypto-Assets (MiCA) regulation that could make Europe vulnerable to stablecoin-related financial instability. She highlighted particular concern about ‘multi-issuance schemes’ where EU and non-EU entities jointly issue stablecoins, noting that redemption pressure would fall disproportionately on EU reserves if investors rush to redeem. Lagarde warned that without stronger safeguards and international coordination, Europe risks becoming the weak link in global redemption flows, potentially facing scenarios similar to bank runs. She urged lawmakers to restrict schemes lacking equivalent protections in other jurisdictions and implement robust equivalence regimes.
about ECB's Lagarde Urges Tighter Stablecoin Rules to Protect EUECB Staff Revolt Over ‘Anti-Democratic’ Practices
The European Central Bank (ECB) is facing internal turmoil as staff members accuse the institution of ‘anti-democratic’ practices, including favoritism, high burnout rates, and reliance on temporary contracts. In a letter to ECB President Christine Lagarde, the staff committee, led by Carlos Bowles, criticized the bank for becoming an ‘unaccountable legal fortress’ and failing to uphold the rule of law internally, despite Lagarde’s public advocacy for it. Lagarde, meanwhile, has promoted the euro’s global role, citing Europe’s stability and institutional independence as key strengths. The growing dissent within the ECB raises questions about its internal governance and credibility.
about ECB Staff Revolt Over 'Anti-Democratic' PracticesBitcoin Eyes $112K as Whales Move BTC Amid ECB, Fed Signals
Bitcoin is consolidating near $108,000, with bullish technical indicators suggesting a potential push toward $112,000. On-chain data reveals whales moving BTC to exchanges, hinting at incoming volatility ahead of macroeconomic events, including the ECB Forum and Fed Chair Powell’s speech. Derivatives markets show rising volatility bets, with traders positioning for central bank commentary. Powell’s remarks could influence short-term liquidity in crypto markets, particularly regarding interest rate expectations. Analysts remain cautiously optimistic, provided Bitcoin holds key support levels.
about Bitcoin Eyes $112K as Whales Move BTC Amid ECB, Fed SignalsBitcoin Volatility Looms as Traders Eye ECB Forum, Powell
Bitcoin remained steady near $108,000 as traders braced for a pivotal week of macroeconomic events, including the ECB Forum and Fed Chair Jerome Powell’s appearance. Analysts warn of potential volatility due to aggressive whale movements onto exchanges, declining reserves, and weakening stablecoin inflows. Derivatives markets reveal a defensive skew for Bitcoin options but bullish positioning for Ethereum ahead of ETHCC. On-chain analyst Axel Adler Jr. suggests that as long as Bitcoin holds $108,000, an upward move toward $112,000 is likely. Central bank rhetoric could significantly influence risk appetite across both crypto and traditional markets.
about Bitcoin Volatility Looms as Traders Eye ECB Forum, Powell