While China and the European Union rush forward on creating a digital currency, the U.S. doesn’t see the need for one in at least the next five years, said Treasury Secretary Steven Mnuchin.
France: 2020 national digital currency bridge to e-euro
François Villeroy de Galhau appoints Nathalie Aufauvre to build a French national digital currency leading to an e-euro
Banque de France Governor François Villeroy de Galhau is planning to test a central bank-issued digital currency by 2020 to do it. Along the way, he’s making a play for French leadership of the European economy.
Christine Lagarde’s nomination to head the ECB is good news for Facebook’s Libra, says eToro’s Mati Greenspan
The European Central Bank’s incoming leader will bring a positive outlook on digital assets
Facebook’s new Libra stablecoin got a break in Europe last week with the announcement that Christine Lagarde has been nominated to be the new head of the European Central Bank, says eToro’s senior market analyst, Mati Greenspan.