Get unlimited access to our best features
Subscribe now

European Central Bank bets on CBDCs over BTC for cross-border payments By Cointelegraph

Summary by Ground News
ECB's interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19 European Union countries which have adopted the euro. The study highlighted Bitcoin's inherent scaling and speed issues, but failed to consider the timely upgrades to the network.
2 months ago

News Articles

More Filters
All
Left
Center
Right
CointelegraphCointelegraph

European Central Bank bets on CBDCs over BTC for cross-border payments

The ECB recognized CBDCs as a better fit for cross-border payments owing to greater compatibility with forex exchange (FX) conversions.

2 months ago
Read Full Article
Investing.comInvesting.com

European Central Bank bets on CBDCs over BTC for cross-border payments By Cointelegraph

European Central Bank bets on CBDCs over BTC for cross-border payments

2 months ago
Read Full Article

European Central Bank Declines Bitcoin as Cross-Border Payment Method

European Central Bank is aiming to find the best asset for cross-border payments medium.  The European Central Bank, one of the most important central

2 months ago
Read Full Article

European Central Bank Hails CBDC 'Holy Grail' of Cross Border Payments - BeInCrypto

A report by the European Central Bank (ECB) has found that central bank digital currencies (CBDC) could be the “holy grail” of cross-border payments.

2 months ago·Hong Kong
Read Full Article

CBDCs better for cross-border payment than Bitcoin, stablecoins: ECB

Bitcoin is the worst option for cross-border payments while stablecoins occupy an intermediary position, the European Central Bank (ECB) said.

2 months ago
Read Full Article

The Central Bank of Europe Believes CBDCs Will Better Than Bitcoin for Payments

The interest of the ECB in finding the best cross-border payment solution comes from its role as the central bank for the 19 European Union member countries that have adopted the euro.

2 months ago
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

100% of the sources are Center
Cointelegraph
Investing.com
C 100%
See less detail