• Mario Draghi, President, European Central Bank, Frankfurt during the special address session at the Annual Meeting 2013 of the World Economic Forum in Davos, Switzerland, January 25, 2013. . . Copyright by World Economic Forum. (via Wiki commons, swiss-image.ch/Photo Remy) Steinegger
    Mario Draghi, President, European Central Bank, Frankfurt during the special address session at the Annual Meeting 2013 of the World Economic Forum in Davos, Switzerland, January 25, 2013. . . Copyright by World Economic Forum. (via Wiki commons, swiss-image.ch/Photo Remy) Steinegger
    Cryptocurrencies

    Outgoing ECB president (somewhat) optimistic on stablecoins

    European Central Bank President Mario Draghi says crypto-assets are not yet ‘suitable substitutes for money’ but have potential

    September 27, 2019 /

    The biggest obstacle to a European Central Bank-issued digital currency is not the technology, according to departing European Central Bank President Mario Draghi. Rather, he said, the “key issue is … its utility in terms of costs and benefits to the public.”

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  • French Finance Minister Bruno Le Maire (via the government of France's website).
    French Finance Minister Bruno Le Maire (via the government of France's website).
    Europe,  Libra,  Technology

    Vive the digital euro?

    French Finance Minister Bruno Le Maire and ECB board member Benoît Coeure call for the EU to create its own digital currency

    September 13, 2019 /

    Shortly after calling for a ban on Facebook’s Libra cryptocurrency, French Finance Minister Bruno Le Maire suggested the European Union should create its own digital currency.

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