# ECB president calls for crypto regulation in response to Russia potentially evading sanctions

# ECB president calls for crypto regulation in response to Russia potentially evading sanctions

“# ECB president calls for crypto regulation in response to Russia potentially evading sanctions ” Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia from getting around economic sanctions. Speaking to reporters at an informal meeting of economics and…

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# Stablecoins are assets — not currencies, says ECB president

# Stablecoins are assets — not currencies, says ECB president

“# Stablecoins are assets — not currencies, says ECB president ” Christine Lagarde, president of the European Central Bank, said all cryptocurrencies, in which she included stablecoins and speculative assets, “are not currencies at all.” In a Sept. 1 interview with World Economic Forum founder and executive chair Klaus Schwab, Lagarde said cryptocurrencies “present themselves…

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# Spanish Socialist Workers’ Party pens public digital currency initiative

# Spanish Socialist Workers’ Party pens public digital currency initiative

“# Spanish Socialist Workers’ Party pens public digital currency initiative ” The Spanish Socialist Workers’ Party (PSOE), the governing political body in Spain, is backing a new national digital currency initiative. PSOE, Spain’s oldest active party and the leading force in the Congress of Deputies, has introduced a non-law proposition to launch a national digital…

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# Demand for digital euro not yet clear, says BBVA exec

# Demand for digital euro not yet clear, says BBVA exec

“# Demand for digital euro not yet clear, says BBVA exec ” An executive at major Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) has raised concerns about the digital euro and questioned what customer demand it would meet. Pablo Urbiola of BBVA’s digital regulation team has called on European financial authorities to carefully explore the…

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# Digital euro offers better privacy protections than private stablecoins: ECB official

# Digital euro offers better privacy protections than private stablecoins: ECB official

“# Digital euro offers better privacy protections than private stablecoins: ECB official ” European Central Bank (ECB) executive board member, Fabio Panetta, has argued that a digital euro offers superior privacy protections than privately issued stablecoins. Panetta criticized the profit motive of private firms, emphasizing it is in their commercial interests to harvest masses of…

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# Decentralization is the final frontier for CBDCs

# Decentralization is the final frontier for CBDCs

“# Decentralization is the final frontier for CBDCs ” As central bank digital currencies, or CBDCs, continue to garner mainstream traction across the global financial landscape in recent years, almost all central banks are actively researching the benefits and risks of offering a digital currency to the public. In its most basic sense, a CBDC…

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