ECB may cap digital euro at 1.5T tokens — Executive board member

by Aurelia Butler 15 June 2022, 22:00 179 Views

In a Wednesday speech for the Committee on Economic and Monetary Affairs of the European Parliament, Panetta hinted the ECB could cap the number of digital euros between 1 and 1.5 trillion tokens. The proposed limit would be part of an effort aiming to disincentivize residents from HODLing tokens as an investment like crypto assets, with “with larger holdings subject to less attractive rates.”

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Source: Cryptocurrency - investing.com

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ECB may cap digital euro at 1.5T tokens — Executive board member

Gulf central banks raise rates as U.S. Fed lifts to 75 bps

China's holdings of U.S. Treasuries skid to 12-year low; Japan also cuts holdings

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