Europe is one step away from registering its own digital euro
ECB applied for digital euro trademark registration
ECB’s official position on digital currencies yet unknown
Financial regulators for all the world is actively conducting research on the benefits of digital currencies
European regulator applied for trademark registration for digital euro
The European Central Bank (ECB) has applied for the registration of the “digital euro” trademark, Bloomberg writes, citing the ECB’s legal representative Bock Lega.
The decision to register a trademark takes place against the background of the preparation of a report assessing the advantages and disadvantages of creating a digital version of a paper currency.
Central banks around the world actively testing central currencies central banks (CBDC paper bills and coins may remain in the past due to new financial instrument – digital currency central banks (CBDC). As of… More) to identify the potential benefits of the digital economy over traditional. Earlier, ECB representatives stressed the need to stay in course global changes in payments due to the rapid development of technology.
A group of eurozone central bank experts plans to publish their own assessment of the potential impact of digital currency on traditional financial markets soon.
The Bank has already announced the benefits of CBDC international calculations. According to a financial institution’s report, countries that tested CBDC reported growth banking services. However, effectiveness of implementation digital currency varies depending on the very position of the country, noted in the bank.
Editorial staff BeInCrypto also reported that the central bank of France, Banque de France, has called for an experiment to use the digital euro issued by for interbank settlements. Despite to initial skepticism about digital currencies, the Central Bank of France decided to find out the benefits of CBDC for clearing and calculating tokenized financial assets.
Besides its own digital euro, Europe also intends create a regulatory framework in which all cryptocurrency-focused companies will be required to obtain special crypto passports. What exactly of myself will be to present such passports remains unknown.
In Russia too looking closely to the massive use of tokens, though until that at the level of large companies. The largest bank in Russia, Sberbank, does not exclude the possibility of issuing its own token for settlements for digital financial assets.
Director of the Transaction Business Division of Sberbank Sergey Popov does not exclude the possibility of launching a certain stablecoin, which will be pegged to the ruble exchange rate and will be match the national currency Of Russia in the ratio 1: 1.
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