Digital currencies

AI, data and Europe’s quest to simplify

How can the EU adapt its rulebook to meet tomorrow's technology environment?

The European Union should embrace decentralised finance and make it safe

A hybrid system with a digital euro and regulated private money would safeguard the EU from dollar-denominated stablecoin dominance

Digital euro: why now and what's next

ECB’s Cipollone and Spain’s Hernández de Cos talk timing and strategic arguments for a new Central Bank Digital Currency

Updated assessment: Memo to the commissioner responsible for digital affairs

Memo to the commissioner responsible for digital affairs

On the digital euro holding limits

The plan for a retail digital euro holding limit, combined with a ‘waterfall approach’ to smooth transactions, sets up an apparent clash of objectives

De-dollarisation is all about de-risking

China’s third attempt to internationalise its currency

What will happen if China manages to strengthen the RMB?

The US and euro area must move faster on their digital currencies for wholesale purposes

The value added of central bank digital currencies: a view from the euro area

Central bank digital currencies do have added value, but this is not the same for every country.

Holdings limit will prove central to the digital euro’s future

The European Central Bank says its digital currency will not be a store of value, in contrast to global counterparts.

De-dollarisation

There are no shortcuts to finance

The basic underpinnings of regulation, reserves and (legal) recourse are missing in decentralised finance, or DeFi.