France to experiment with central bank-issued digital currency in 2020. In a conference hosted by ACPR, the Bank of France Governor Francois Villeroy de Galhau said that the central bank will start the test soon for the digital currency. The results of the experiment will be shared before the end...
Europe is planning to build an improved instant payment system to overcome the dominance of US-based payment providers such as Visa, Mastercard, PayPal, etc in Europe. To overcome this threat, the European central bank (ECB) aims to roll out a pan-European instant payment by the end of 2021. Source: Reuters....
The German Banks association representing more than 200 private commercial banks issued a statement on Oct 30 regarding their position on the crypto-based digital currency. As per the statement, German banks support digital euro currency and suggest the European Central Bank (ECB) work together with the banking industry to create...
