How important is the euro compared to other currencies on a global scale?
The European Central Bank (ECB) recently published its report on the international role of the Euro. Interesting findings about the role and competitiveness of the Euro can be derived: 1️⃣In the last years, the role of the euro did not change significantly. 2️⃣ The...
How do retail and wholesale CBDC projects across the world compare and where do we stand today?
The Bank for International Settlements (BIS) has recently released its annual survey on CBDC projects globally. Key findings: 1. Share of central banks working on CBDC rose to 93% 2. Work on retail CBDC is more advanced than on wholesale CBDC 3. 15 retail and 9...
Digital Euro and Privacy: Analysis of the Regulatory Proposal by the European Commission
On June 28, the European Commission published a regulatory proposal for the digital euro, a central bank digital currency (CBDC) for the Euro Area. In this proposal, the Commission suggested a way to design a digital euro and how to integrate it into EU laws. In this...