Several central banks hold gold, but Europe’s won’t be buying“digital gold” anytime soon
ECB supervisory board member warns crypto asset markets could hit a point where they are a “threat to global financial stability” if international regulation isn’t enforced
The risk-off sentiment in markets is here to stay, analysts say
EU officials are confident that they are, but offer few details
As the ECB does due diligence on a possible CBDC, executives issue warnings about other digital assets
Policymakers in the UK opted to raise interest rates for the first time since 2018, while the ECB retains a relatively more accommodative stance
Customers and businesses without access to a central bank digital currency will be forced to turn to outside providers for the services, potentially undermining central bank dominance, the European Central Bank said.