#EuropeanCentralbank

[farademetre]

InvestTalk - 7-24-2023 – Could This Be A 'Momentous Week' for Bank Rate Pivot Points?

This week will see important interest rate announcements from the European Central Bank, the U.S. Federal Reserve, and the Bank of Japan. All three institutions may be approaching a turning point in their own monetary policy paths.

[usnewsper-business]

Eurozone Inflation Hits 10-Year High: What It Means for You #europeancentralbank #Eurozoneinflation

[todayonglobe]

IMF Forecasts Global Economic Resilience Amid Inflation

Read more:👇

[nextquotes]

My father passed away after three years of a debilitating disease, which transformed a very strong and bright man into a real wreck. And that is hard. You have to get out of that stronger, if you can, which I was lucky to be able to. I was the eldest of the family, and I had to support my mother and help my brothers.

- Christine Lagarde

[maxmi1979]

#GoodMorning #Foggy #Frankfurt #SeeYouSoon. . . . . . . . . . . . . . . #FrankfurtMain #FrankfurtAmMain #Main #River #Bridge #EZB #ECB #EuropeanCentralBank #Water #Fog #Skyline #Skyscraper #Winter #Architecture #FrankfurtDuBistSoWunderbar #IGersFrankfurt #IG_Frankfurt #Hessen #Germany #Deutschland #MainHatten #CYA #SeeYou #City #CityLife #Sexyhausen (hier: Osthafenbrücke) https://www.instagram.com/p/Co9pxaRofmJ/?igshid=NGJjMDIxMWI=

[bitcoincables]

European Central Bank Criticizes Bitcoin: Misunderstanding or Misinformation?

Bitcoin faces criticism from the European Central Bank, claiming it has failed as a currency and investment, with a fair value of 'zero dollars.' The ECB's repeated debunked claims seem to miss the recent surge in bitcoin's price and adoption, especially with the approval of bitcoin exchange-traded funds in the U.S. Bitcoin's rally is seen as a result of various economic factors, despite the ECB's continued skepticism.

The ECB's stance on bitcoin's criminal usage and lack of regulation overlooks the potential benefits of cryptocurrencies. While acknowledging the challenges in regulating decentralized systems like Bitcoin, the ECB's negative outlook may hinder progress in understanding and utilizing these technologies effectively. It is crucial for regulators to adapt and create suitable frameworks to address the growing interest and innovation in the cryptocurrency space.

Read the original article for a deeper dive into the ECB's perspective on bitcoin. #EuropeanCentralBank #BitcoinCriticism #CryptocurrencyRegulation #CryptoInnovation

[news247worldpressposts]

#Breaking: #EuropeanCentralBank. "We’ve just taken our latest monetary policy decisions, determining what’s needed to return inflation to our 2% goal in a timely manner."

We’ve just taken our latest monetary policy decisions, determining what’s needed to return inflation to our 2% goal in a timely manner. Tune in to #TheECBPodcast to hear President Christine  @Lagarde present the decisions in our press conference Source: X

[primorcoin]

New Post has been published on https://primorcoin.com/european-central-bank-president-christine-lagarde-calls-for-crypto-regulation-in-eu-following-ftx-collapse-says-it-is-very-much-needed/

European Central Bank President Christine Lagarde Calls For Crypto Regulation in EU Following FTX Collapse, Says It is ‘Very Much Needed’

Christine Lagarde. Source: europeancentralbank / Instagram

Christine Lagarde, head of the European Central Bank (ECB), has once again reiterated the need for bringing crypto under regulatory oversight in the European Union (EU) amid the collapse of cryptocurrency exchange FTX.

In a speech at the Hearing of the Committee on Economic and Monetary Affairs on Monday, Lagarde mentioned that the EU has already made significant strides toward limiting the harm by digital assets. She cited Facebook’s Libra as an example of the ECB’s involvement, saying that it was “helpful to stop some of the players” from engaging with the industry. 

She also noted that the EU has been partly successful in introducing regulations to the crypto markets. In particular, the ECB has announced the Markets in Crypto Assets bill (MiCA), which addresses key crypto elements such as consumer protection, anti-money laundering (AML), environmental impact, and business accountability.

“At least Europe is ahead of the pack [in terms of regulation],” Lagarde said. “But as I said previously, it’s one step in the right direction. This is not it — there will have to be a MiCA II, which embraces broader what it aims to regulate and to supervise, and that is very much needed.”

The MiCA is currently making its way through the European Parliament and is awaiting final approval. As reported, the European Parliament economics committee passed the MiCA crypto regulation bill in October. Many expect the policy to go into effect starting in 2024.

The EU first reached an agreement on MiCA in July this year. Back then, representatives of the crypto industry, such as Rebecca Rettig, a board member at the crypto-friendly bank Silvergate, applauded the effort to “provide clarity in the crypto space” while also noting that there is “more work to be done.”

Earlier this month, European Parliament economics committee member Stefan Berger compared the collapse of FTX, once the third largest crypto platform in the world, to the fall of “Lehman Brothers” and the 2008 financial crises. 

“The FTX/Alameda case has cost enormous trust. Such Lehman Brothers moments must be prevented in the crypto space. That’s exactly what MiCA is for. Crypto assets are not play money. Crypto asset service providers must ensure internal risk management mechanisms,” he said.

FTX announced that it had filed for Chapter 11 bankruptcy in Delaware, putting an end to the desperate attempt to raise funds. The collapse of FTX has also sent crypto prices into a free fall. Bitcoin has been trading around the $16,000 mark for the last couple of weeks, its lowest level in two years. 

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#Blockchain #Crypto #CryptoNews #TraedndingCrypto

[newzzwired]

European Central Bank President Christine Lagarde Calls For Crypto Regulation in EU Following FTX Collapse, Says It is ‘Very Much Needed’

European Central Bank President Christine Lagarde Calls For Crypto Regulation in EU Following FTX Collapse, Says It is ‘Very Much Needed’

Christine Lagarde. Source: europeancentralbank / Instagram Christine Lagarde, head of the European Central Bank (ECB), has once again reiterated the need for bringing crypto under regulatory oversight in the European Union (EU) amid the collapse of cryptocurrency exchange FTX. In a speech at the Hearing of the Committee on Economic and Monetary Affairs on Monday, Lagarde mentioned that the EU has…

[usnewsper-business]

European Markets: Stocks, Earnings, Tensions, Inflation, Tech, COVID-19 - A Day of Ups and Downs! #corporateearnings #COVID19pandemic #europeancentralbank #Europeanmarkets #geopoliticaltensions #inflationconcerns #InterestRates #oilprices #stockperformance #technologystocks

[nomadicvision]

A night time version of my earlier image. European Central Bank in Frankfurt, Germany. It was designed by @coophimmelblau_wolfprix • • #europeancentralbank #frankfurt #commercialarchitecture (at European Central Bank) https://www.instagram.com/p/BuHH0YfFMgh/?utm_source=ig_tumblr_share&igshid=1x1p69ce7tm55

[therealmoltencheeseonpatty]

“L'amour est la capacité de percevoir quelque chose de semblable à quelque chose de différent. " T.W. Adorno . . . #frankfurt #francfort #est #roemer #staedel #skyline #sunsetdawn #dusk #frankfurtairport #offenbach #osthafen #osthafenbrücke #honsellbrücke #port ##igersfrankfurt #rhei #mai #mainz #ezb #europeancentralbank (hier: Kunstverein Familie Montez - Frankfurt) https://www.instagram.com/p/Bt_yATNHCw4/?utm_source=ig_tumblr_share&igshid=1izrdnc4ximy1

[nextquotes]

I think there are multiple studies now to demonstrate that diversity, a better balance between genders, but also between different fields as well, is actually conducive to better growth, better bottom line, and better results.

- Christine Lagarde

[europeanbusinessmagazine-blog]

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[radiosat24web]

#radiosat24web #easternmediterraneanarea #middleeast #gulfcountries #gulfcooperationcouncil #easternmediterraneaneurope #mediterraneanregion #states #communities #localgovernment #economydevelopingcountries #socialopportunities #sportsandfreetime #dailypressreview #thursday #morningpressreview #europeancentralbank The yen is falling against the euro as the policies of the Japanese and European central banks divergent NICOSIA (Radiosat24web) - The euro hit a seven-year high against the Japanese yen, buoyed by an upward revision of first-quarter growth data and ahead of Thursday's European Central Bank meeting likely to pave the way for a rate hike later this year. The European Central Bank is scheduled to end its bond purchases this month, which means that a rate hike could start in the second half of 2022, making the Bank of Japan the only central bank among its peers to implement a policy of monetary easing. The price of the yen fell for the tenth consecutive session against the euro, its first decline in eight months, and reached its lowest level in seven years, recording 143.89 yen per euro in European trading. The euro rose 0.2 percent against the dollar to $1.07225, after declining earlier by 0.3 percent, after an upward revision to economic growth data in the euro zone in the first quarter of the year. The dollar index, which measures the performance of the US currency against six major currencies, including the euro and the yen, rose 0.1 percent to 102.53. The price of the pound sterling fell 0.4 percent to $ 1.2540, as the pound was affected by political risks and a slowdown in the economy. With regard to crypto currencies, Bit coin fell 2.4%, but remained above the $30,000 level, and Ether fell 0.5% to $1,802. #radiosat24web https://www.instagram.com/p/CeksqHxNTvH/?igshid=NGJjMDIxMWI=