Tag Archives: ECB

ECB: bitcoin threatens Europe’s financial stability

Yves Mersch, a member of the executive committee of the European Central Bank (ECB) said bitcoin and similar unregulated cryptocurrencies pose a real risk to the established financial order.  In an interview with the German newspaper Boersen Zeitung, Mersch warned the entirely speculative nature of bitcoin’s value was a ‘cause for concern.’ Mersch also warned against banks investing in cryptocurrency. ... Read More »

ECB ponders mesh canopy technology aimed at solving rain delays

A company in the United States has put forward proposals for a new canopy technology to solve the issue of rain delays in cricket The ECB and MCC have entered into discussions over potentially funding research into a new technology which could see mesh netting used at cricket grounds to solve the problem of rain stopping play. Tests are currently ... Read More »

Trade it: How to play king dollar if ECB eases

The European Central Bank’s Mario Draghi warned Thursday that downside risks are increasing and it may be necessary to revise monetary policy in March. If he follows through on his talk it has the potential to tank the euroversus the U.S. dollar, reigniting the multiyear king dollar trade. CNBC Pro searched for the big winners and losers under this scenario. ... Read More »