The European Central Bank is monitoring the crypto market, viewing it as a potential alternative.
1 report, 1 independent
Updated Jul 31
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What happened
The European Central Bank is monitoring the crypto market, viewing it as a potential alternative.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Isabel Schnabel advised on the European Central Bank's strategic direction regarding blockchain.Sub-event
ECB is observing the crypto market as a possible alternative.1 source
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The entities involved
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Bitcoin
digital cash system and associated currency
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European Central Bank
central bank of the European Union and the eurozone
Related events
- The ECB is connecting blockchain markets, including Ethereum, to payment infrastructure through new services involving Deutsche Bank and Santander.
- Capital flows are shifting from crypto to stocks, while a potential deal to reopen the Strait of Hormuz is being discussed.
- Midterm elections are introducing market uncertainty into the cryptocurrency space.
- DeFi exchange market share competition is underway involving the Pepeto project and Bitcoin.
- A hack impacted Binance, the largest crypto exchange, while FED rate hikes pulled money from cryptocurrencies like Bitcoin and Ethereum.