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Birds Or Rivers? Europeans Can Weigh In On Themes For New Euro Notes
The European Central Bank launched a survey today asking citizens to weigh in on the redesign of euro banknotes, with rivers, birds and European culture among the shortlisted themes.
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EU Set to Take Next Steps for Launch of Digital Euro, Will Publish Proposal for Legal Framework
EU will publish a proposal on Wednesday that will be the legal foundation on which the ECB could launch a digital euro. The project has come under attack from the public, politicians and banks before it even exists. Critics question the need for a digital euro and banks warn of major risks.
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"Severe Breach": Goldman Sachs Fined $7.2 Million For Misreporting Capital Needs
The European Central Bank (ECB) has fined US financial giant Goldman Sachs 6.63 million euros ($7.2 million) for misreporting its capital needs, it said on Monday.
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Digital Euro to Offer More Choice, Not a 'Big Brother' Project, Senior EU Official Says
The digital euro would offer users a choice when making payments but would not be a "Big Brother Project to control people, according to a senior EU official. While the European Central Bank has yet to decide if it will go ahead with introducing a digital euro, the EU is working on draft legislation that would give the digital euro a legal underpin...
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Bitcoin Is Artificially Propped Up, Akin to Gambling and Should Not Be Legitimised, ECB Says
Bitcoin is artificially propped up and should not be legitimised by regulators or financial companies, the European Central Bank said, adding that it is similar to gambling. The cryptocurrency's recent stabilisation was "an artificially induced last gasp before the road to irrelevance", it said on Wednesday.
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Euro Holds Above 2-Decade Low Before European Central Bank Decision
The euro was hovering above Tuesday's two-decade low on Thursday as investors awaited a policy decision from the European Central Bank (ECB) and comments from the head of the Federal Reserve for insight on the path for global monetary tightening.
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European Central Bank Steps in as Banks Test Crypto Waters Ahead of Pan-EU Licensing Rules
The European Central Bank (ECB) on Wednesday announced that it was taking steps to harmonise the assessment of licensing requests. The ECB, which directly regulates top euro zone lenders such as Deutsche Bank, UniCredit and BNP Paribas, said it would examine if crypto activities were in line with a bank's risk "profile", which determines how much c...
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Oil Slumps $3/bbl On Gasoline Stockpiles, Rate Hikes And Resuming Supply
Oil prices fell more than $3 a barrel on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia's gas flows to Europe eased supply restraints.
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Euro Set For Best Week Since May After Central Bank Hikes Big
The euro headed for its best week since May on Friday after the European Central Bank (ECB) raised borrowing costs more than expected overnight in its first rate hike since 2011.
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Major Central Banks Use Shock And Awe Plan To Tame Inflation, Bar One
Here's a look at where policymakers stand in the race to contain red-hot inflation.
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European Central Bank Set To Hike Rates To Combat Inflation
European Central Bank (ECB) will pull the plug on years of stimulus on Thursday and signal a string of rate hikes to fight surging inflation
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Christine Lagarde, President Of The European Central Bank, Says Cryptocurrencies Are “Based On Nothing”
Even previously, Christine Lagarde had expressed worries about cryptocurrencies’ potential for money laundering
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European Central Bank Chief Christine Lagarde Says Cryptocurrencies Are 'Worth Nothing'
Christine Lagarde, president of the European Central Bank (ECB), has stated that crypto-assets should be regulated and are worthless, but has admitted that her son is a crypto-investor.
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European Central Bank Warns Crypto Markets Pose Financial Stability Risks
Cryptocurrencies will pose a risk to financial stability if the emerging sector maintains its rapid growth of the last two years and financial firms deepen their involvement, the European Central Bank (ECB) said on Tuesday.
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Dollar Hits Fresh 1 Month Low
The dollar hit a fresh one-month low on Tuesday as the euro extended gains
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Birds Or Rivers? Europeans Can Weigh In On Themes For New Euro Notes
The European Central Bank launched a survey today asking citizens to weigh in on the redesign of euro banknotes, with rivers, birds and European culture among the shortlisted themes.
-
EU Set to Take Next Steps for Launch of Digital Euro, Will Publish Proposal for Legal Framework
EU will publish a proposal on Wednesday that will be the legal foundation on which the ECB could launch a digital euro. The project has come under attack from the public, politicians and banks before it even exists. Critics question the need for a digital euro and banks warn of major risks.
-
"Severe Breach": Goldman Sachs Fined $7.2 Million For Misreporting Capital Needs
The European Central Bank (ECB) has fined US financial giant Goldman Sachs 6.63 million euros ($7.2 million) for misreporting its capital needs, it said on Monday.
-
Digital Euro to Offer More Choice, Not a 'Big Brother' Project, Senior EU Official Says
The digital euro would offer users a choice when making payments but would not be a "Big Brother Project to control people, according to a senior EU official. While the European Central Bank has yet to decide if it will go ahead with introducing a digital euro, the EU is working on draft legislation that would give the digital euro a legal underpin...
-
Bitcoin Is Artificially Propped Up, Akin to Gambling and Should Not Be Legitimised, ECB Says
Bitcoin is artificially propped up and should not be legitimised by regulators or financial companies, the European Central Bank said, adding that it is similar to gambling. The cryptocurrency's recent stabilisation was "an artificially induced last gasp before the road to irrelevance", it said on Wednesday.
-
Euro Holds Above 2-Decade Low Before European Central Bank Decision
The euro was hovering above Tuesday's two-decade low on Thursday as investors awaited a policy decision from the European Central Bank (ECB) and comments from the head of the Federal Reserve for insight on the path for global monetary tightening.
-
European Central Bank Steps in as Banks Test Crypto Waters Ahead of Pan-EU Licensing Rules
The European Central Bank (ECB) on Wednesday announced that it was taking steps to harmonise the assessment of licensing requests. The ECB, which directly regulates top euro zone lenders such as Deutsche Bank, UniCredit and BNP Paribas, said it would examine if crypto activities were in line with a bank's risk "profile", which determines how much c...
-
Oil Slumps $3/bbl On Gasoline Stockpiles, Rate Hikes And Resuming Supply
Oil prices fell more than $3 a barrel on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia's gas flows to Europe eased supply restraints.
-
Euro Set For Best Week Since May After Central Bank Hikes Big
The euro headed for its best week since May on Friday after the European Central Bank (ECB) raised borrowing costs more than expected overnight in its first rate hike since 2011.
-
Major Central Banks Use Shock And Awe Plan To Tame Inflation, Bar One
Here's a look at where policymakers stand in the race to contain red-hot inflation.
-
European Central Bank Set To Hike Rates To Combat Inflation
European Central Bank (ECB) will pull the plug on years of stimulus on Thursday and signal a string of rate hikes to fight surging inflation
-
Christine Lagarde, President Of The European Central Bank, Says Cryptocurrencies Are “Based On Nothing”
Even previously, Christine Lagarde had expressed worries about cryptocurrencies’ potential for money laundering
-
European Central Bank Chief Christine Lagarde Says Cryptocurrencies Are 'Worth Nothing'
Christine Lagarde, president of the European Central Bank (ECB), has stated that crypto-assets should be regulated and are worthless, but has admitted that her son is a crypto-investor.
-
European Central Bank Warns Crypto Markets Pose Financial Stability Risks
Cryptocurrencies will pose a risk to financial stability if the emerging sector maintains its rapid growth of the last two years and financial firms deepen their involvement, the European Central Bank (ECB) said on Tuesday.
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Dollar Hits Fresh 1 Month Low
The dollar hit a fresh one-month low on Tuesday as the euro extended gains
