The digital Euro debate: Who controls your money?
In March 2023 European Central Bank (ECB) chief Christine Lagarde fell for a prank call where she unwittingly revealed that Europe’s central bank digital currency, the digital euro, will have ...
Digital euro to cut costs for SMEs and reduce reliance on non-European payment providers, ECB says
The digital euro would help lower payment costs for small businesses burdened by expensive international card schemes and reduce Europe’s reliance on non-European payment providers that currently handle nearly 70 ...
The digital euro and its financial implications
By Dorina Mastora
The advent of digital currencies presents us with a new epoch characterised by an innovative breed of money. At the heart of this revolution is the digital ...
Crypto asset volatility a risk to consumers says Central Bank official
Cryptocurrencies are a potential risk to consumers and the economy due to their high volatility, Cyprus Central Bank (CBC) senior director of banking operations division Christos Phanopoulos said on Sunday.
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Cash is dying, time to get ready for the digital euro
General ignorance over what a digital euro is means that Cypriots have no idea how its imminent introduction will impact every aspect of their lives
With the expected rollout of ...