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Fiery Public Hearing on Digital Euro Sees Experts Diverge on Key Issues

Expert witnesses answered lawmaker questions on holding limits, impact on banking systems and privacy for an EU central bank digital currency.
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Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says

A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing...
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Binance Says It Has Onboarded New Euro Fiat Partners for Deposits, Withdrawals

Paysafe, the crypto exchange's former service provider for euro transfers, ended support last month.
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Digital Euro Project Moves to ‘Preparation’ Phase

The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday.
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EU Privacy Watchdog Takes Aim at ‘Excessive Centralization’ of Digital Euro

The central bank digital currency has met significant opposition from lawmakers worried over the potential for state snooping
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Italy’s Cipollone Defends Digital Euro as He Seeks ECB Role

Remarks at a parliamentary hearing suggest no digital currency swerve when Fabio Panetta steps down from his role at the European Central Bank in November.
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EU Plans for Wholesale CBDC Out Within Weeks, French Central Banker Says

A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens.
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Digital Euro at Least 2 Years Away, ECB’s Lagarde Says

The European Central Bank chief said she wanted to address “conspiracy theories” about CBDCs and government snooping.
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Some Binance EU Users Find Fiat Withdrawals Cut Off Even Before Paysafe Ends Service

Binance says Paysafe gave it short notice that a “very small portion” of European users will be subject to an earlier closure before the payments provider officially pulls support...
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