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UBS and Deutsche Bank participating in DLT settlement trial with ECB.
Blockchain

UBS and Deutsche Bank Trial Tokenized Deposits in ECB DLT Settlement

UBS and Deutsche Bank have participated in an ECB trial to explore DLT for wholesale settlements. This included simulating tokenized deposit payments, highlighting blockchain’s potential to enhance...

ECBEuropean Central Bank meeting and economic analysis.

ECB Official Discusses Market Expectations for Rate Cuts

Klaas Knot from the ECB notes market expectations for interest rate cuts and emphasizes the need for cautious assessments. He advocates for flexible policy decisions and predicts a soft landing for...

ECBECB official Robert Holzmann doubts December rate cut justification.

ECB Member Questions Data for December Rate Cut

Robert Holzmann, ECB Governing Council member, expresses skepticism about the data supporting a 50 basis point rate cut in December. He remains unconvinced of the economic indicators justifying thi...

Christine LagardeChristine Lagarde discusses future interest rate cuts and economic strategy.

ECB President Lagarde Discusses Future Rate Cuts

Christine Lagarde, President of the European Central Bank, emphasizes caution in determining the pace of interest rate cuts, arguing against arbitrary decisions based on economic forecasts. She cal...

BitcoinChart illustrating Bitcoin's unpredictable market value according to the ECB report.

ECB Report Highlights Bitcoin's Unpredictable Market Value

The ECB's recent report reveals that Bitcoin's market value fluctuates between $50,000 and $60,000, but prices could surge as high as $10 million. This underscores the cryptocurrency's volatility a...

cryptocurrencyA visual representation of stablecoins affected by U.S. monetary policy.

ECB Raises Concerns Over Stablecoin Stability Amid U.S. Monetary Policy Effects

The ECB questions the reliability of stablecoins as safe investment havens, citing their vulnerability to U.S. monetary policy shifts. A recent study links these digital currencies to traditional f...