The ECB paper argues that bitcoin’s appreciation is increasing wealth gaps, benefiting early adopters at the expense of latecomers. It mentioned bitcoin’s volatility, dismissing it as a ...
The ECB is poised to formally elevate next month the importance of potential hits from political events including wars in its annual list of banking supervisory priorities for the coming years ...
The ECB paper “portrays Bitcoin’s volatility, lack of productive contribution, and wealth concentration as critical flaws,” wrote Murray Rudd from the Bitcoin advocacy organization Satoshi ...
Christine Lagarde, President of the European Central Bank (ECB), has reiterated she will maintain a data-driven approach to monetary policy highlighting that, despite recent disinflationary trends ...
I’m here to shed light on what they got wrong. Last week, Ulrich Bindseil and Jürgen Schaaf of the European Central Bank (ECB) published a paper entitled “The distributional consequences of Bitcoin” ...
In a new paper by the European Central Bank (ECB), Jürgen Schaaf argues that Bitcoin is inherently unfair. “In absolute terms, early adopters exactly increase their real wealth and consumption ...
Now, as Wall Street giant JPMorgan issues a huge bitcoin price prediction, the Federal Reserve and the European Central Bank (ECB) have each published papers "attacking" bitcoin—branded a ...
WASHINGTON, Oct 23 (Reuters) - The European Central Bank will need to be cautious when deciding on further interest rate reductions and take its cue from incoming data, ECB President Christine ...
Despite hovering at the ECB targets, the recent uptick in prices is rekindling questions about how inflation might impact the Bank's monetary policies in the coming months. In a separate release ...
The central bank governors of France, Portugal and Finland argued on Tuesday that there may be excessive drag on prices because the economy is so weak while the ECB is still restricting the ...
Euro Falls to Two-Month Low as ECB Rate-Cut Bets Rise Potential of Trump US election win also weighing on the euro Recent losses have reignited talks about euro-dollar parity ...
EUR/USD holds 1.0800, though its outlook remains uncertain on ECB dovish bets. The Eurozone's economic growth is expected to remain modest. The US Dollar will be influenced by market expectations ...