ECB Backs Digital Euro, Trump Supports Dollar Stablecoins

January 30, 2025

Catenaa, Thursday, January 30, 2025 – The European Central Bank (ECB) has renewed its call for a digital euro, citing U.S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins as a key motivator for Europe to advance its own digital currency plans. ECB board member Piero Cipollone said Trump’s Jan. 23 order could disintermediate […]

ECB Rejects Bitcoin for EU Reserves Citing Security Risks

January 31, 2025

Catenaa, Friday, January 31, 2025 – European Central Bank(ECB) President Christine Lagarde on Thursday ruled out Bitcoin as part of the ECB’s reserves, citing security, liquidity, and regulatory concerns. Speaking after the ECB’s widely expected decision to cut interest rates by 25 basis points to 2.75%, Lagarde dismissed speculation that the central bank could adopt […]