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ECB Addresses Banking Industry s Concerns on Digital Euro

The European Central Bank (ECB) has responded to concerns from financial institutions regarding the central bank digital currency’s (CBDC) role. ECB’s report…

Digital euro: Debunking banks fears about losing deposits

Digital euro: Debunking banks fears about losing deposits
ecb.europa.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecb.europa.eu Daily Mail and Mail on Sunday newspapers.

Central Bank Digital Currency as a Store of Value and Banks

Central bank digital currencies are increasingly regarded worldwide as viable means of payment. But how do CBDCs affect welfare when used as stores of value? A recent study investigates the ramifications of CBDCs as public money serving as stores of value, customers’ heterogeneous beliefs about bank stability and how it all impacts banks.

Colombia central bank recommends limiting CBDC holdings and spending

CBDC holdings and spending should be limited in order to reduce its demand as a store of value in competition with banks, the central bank of Colombia said.

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