Remove Digital Currency Remove Instant Payments Remove Liquidity Risk
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ECB Supports Central Bank Digital Currencies

PYMNTS

A European Central Bank ( ECB ) official is throwing his support towards wholesale central bank digital currencies (CBDCs). A wholesale CBDC could be used to boost payments and securities settlement efficiency, as well as to reduce counterparty credit and liquidity risks, he said, according to CoinDesk. “[A

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Banks and Stablecoins: a first step towards bridging traditional finance and the crypto world

Finextra

MiCA does not cover central bank digital currencies (CBDCs), but it allows regulated financial institutions (e.g. banks) to issue or support stablecoins, including acting as custodians or liquidity providers. Issuers operating in the EU should adhere to specific financial standards. Stablecoins influence extends beyond yields.