Nie je k dispozícii v slovenčine.
Publications on Crypto-assets
- 23 June 2023
- SPEECHSpeech by Fabio Panetta, Member of the Executive Board of the ECB, at a panel on the future of crypto at the 22nd BIS Annual Conference, 23 June 2023
- 10 February 2023
- INTERVIEWInterview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted and published on 10 February 2023
- 5 January 2023
- THE ECB BLOGTrading in unbacked digital assets should be treated by regulators like gambling.Related
- 30 November 2022
- THE ECB BLOG
- 7 December 2022
- SPEECHKeynote speech by Fabio Panetta, Member of the Executive Board of the ECB, at the Insight Summit held at the London Business School
- 30 November 2022
- THE ECB BLOGAmid the widespread fallout in crypto markets following the collapse of a major crypto exchange, The ECB Blog takes a look at where we stand with Bitcoin.Details
- JEL Code
- E42 : Macroeconomics and Monetary Economics→Money and Interest Rates→Monetary Systems, Standards, Regimes, Government and the Monetary System, Payment Systems
Related- 13 July 2022
- THE ECB BLOG
- 19 November 2021
- THE ECB BLOG
- 14 July 2021
- THE ECB BLOG
- 25 March 2021
- THE ECB BLOG
- 2 December 2020
- THE ECB BLOGEnglishOTHER LANGUAGES (15) +
- 2 October 2020
- THE ECB BLOG
- 5 January 2023
- THE ECB BLOG
- 11 July 2022
- MACROPRUDENTIAL BULLETIN - FOCUS - No. 18Details
- Abstract
- This article describes the main features and risks of decentralised finance (DeFi), focusing in particular on similarities and differences between DeFi and traditional finance. While the financial services provided through DeFi mainly replicate those of traditional financial services but within the crypto-asset ecosystem, they are provided in a novel way that relies on automated protocols and cuts out centralised intermediaries. The article explains how this novel method of service provision entails specific financial stability risks and regulatory challenges.
- JEL Code
- G23 : Financial Economics→Financial Institutions and Services→Non-bank Financial Institutions, Financial Instruments, Institutional Investors
G28 : Financial Economics→Financial Institutions and Services→Government Policy and Regulation
G01 : Financial Economics→General→Financial Crises
- 11 July 2022
- MACROPRUDENTIAL BULLETIN - ARTICLE - No. 18Details
- Abstract
- Some crypto-assets have a significant carbon footprint and are estimated to consume a similar amount of energy each year to individual countries like Spain, the Netherlands or Austria. As the mining and expansion of these crypto-assets are fully dependent on energy supply, their valuation is particularly vulnerable to jurisdictions’ climate policies. Increasing financial exposures to such crypto-assets are therefore likely to contribute to increased transition risk for the financial system. This article provides an overview of the estimated carbon footprint of certain crypto-assets such as bitcoin and its causes. It also discusses the primary policy role of public authorities, which need to evaluate whether the outsized carbon footprint of certain crypto-assets undermines their green transition commitments. Finally, it analyses policy options for prudential standard-setters and the need for climate-related considerations in crypto-investors’ practices.
- JEL Code
- G28 : Financial Economics→Financial Institutions and Services→Government Policy and Regulation
- 1 June 2022
- SPEECHIntroductory remarks by Fabio Panetta, Member of the Executive Board of the ECB, at the seventh meeting of the Euro Cyber Resilience Board for pan-European Financial Infrastructures
- 30 May 2022
- INTERVIEWInterview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Nuño Rodrigo and Laura Salces on 25 May 2022
- 16 May 2022
- SPEECHKeynote speech by Fabio Panetta, Member of the Executive Board of the ECB, at the National College of Ireland
- 5 May 2022
- INTERVIEWInterview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Marco Zatterin
- 25 April 2022
- SPEECHSpeech by Fabio Panetta, Member of the Executive Board of the ECB, at Columbia University
- 9 February 2022
- INTERVIEWInterview on Twitter with Isabel Schnabel, Member of the Executive Board of the ECB, conducted and published on 9 February 2022
- 30 November 2021
- INTERVIEWInterview with Luis de Guindos, Vice-President of the ECB, conducted by Guillaume Benoit, Édouard Lederer and Thibaut Madelin on 24 November and published on 30 November
- 8 October 2021
- SPEECHSpeech by Fabio Panetta, Member of the Executive Board of the ECB, at the panel on “Cross-border dimensions of non-bank financial intermediation: what are the priorities for building resilience globally?”, as part of the UK G7 Presidency Conference on “Safe Openness in Global Trade and Finance” hosted by the Bank of England
- 29 July 2021
- INTERVIEWInterview with Luis de Guindos, Vice-President of the ECB, conducted by Frank Wiebe and Jan Mallien
- 20 June 2021
- INTERVIEWInterview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Martin Arnold on 14 June 2021
- 9 April 2021
- INTERVIEWInterview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Tim Bartz and Stefan Kaiser on 1 April and published on 9 April 2021, in print on 10 April 2021
- 2 March 2021
- INTERVIEWInterview with Luis de Guindos, Vice-President of the European Central Bank (ECB), conducted by Sérgio Aníbal
- 26 February 2021
- INTERVIEWInterview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Andrés Stumpf on 22 February
- 30 November 2020
- INTERVIEWArticle by Christine Lagarde, President of the ECB, in L’ENA hors les murs magazine
- 27 November 2020
- SPEECHSpeech by Fabio Panetta, Member of the Executive Board of the ECB, at the Deutsche Bundesbank conference on the “Future of Payments in Europe”
- 4 November 2020
- SPEECHSpeech by Fabio Panetta, Member of the Executive Board of the ECB, at Il Salone dei Pagamenti 2020
- 11 May 2020
- SPEECHSpeech by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Consensus 2020 virtual conference, 11 May 2020
- 5 May 2020
- MACROPRUDENTIAL BULLETIN - ARTICLE - No. 10Details
- Abstract
- Stablecoins provide an alternative to volatile crypto-assets. Depending on their asset management function, they may fall under different regulatory regimes or – with certain design features – under none at all. Given their potential size, global stablecoins could pose risks to financial stability. Such arrangements need a robust regulatory framework.
- JEL Code
- E42 : Macroeconomics and Monetary Economics→Money and Interest Rates→Monetary Systems, Standards, Regimes, Government and the Monetary System, Payment Systems
G15 : Financial Economics→General Financial Markets→International Financial Markets
G28 : Financial Economics→Financial Institutions and Services→Government Policy and Regulation
- 8 April 2020
- OTHER PUBLICATIONColloquium in honour of Benoît Coeuré, held on 17-18 December 2019
- 5 February 2020
- SPEECHSpeech by Christine Lagarde, President of the ECB, at the "Grand Prix de l’Économie des Echos pour l’année 2019"
- 2 December 2019
- SPEECHIntroductory statement by Christine Lagarde, President of the ECB, at the ECON committee of the European ParliamentAnnexes
- 4 December 2019
- SPEECH
- 26 November 2019
- SPEECHSpeech by Benoît Cœuré, Member of the Executive Board of the ECB, at the Joint Conference of the ECB and the National Bank of Belgium on “Crossing the chasm to the retail payments of tomorrow”
- 25 September 2019
- SPEECHHearing of Benoît Cœuré, Member of the Executive Board of the ECB, organised by the Committee on the Digital Agenda on the topic of “Digital currencies, focusing on Libra”, Deutscher Bundestag
- 17 September 2019
- SPEECHPanel remarks by Benoît Cœuré, Member of the Executive Board of the ECB, at the Banque centrale du Luxembourg-Toulouse School of Economics conference on “The Future of the International Monetary System”
- 2 September 2019
- SPEECHSpeech by Yves Mersch, Member of the Executive Board of the ECB, at the ECB Legal Conference, Frankfurt am Main, 2 September 2019
- 25 July 2019
- INTRODUCTORY STATEMENTMario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 25 July 2019EnglishOTHER LANGUAGES (22) +
- 29 May 2019
- SPEECHSpeech by Yves Mersch, Member of the Executive Board of the ECB, at Zahlungsverkehrssymposium, Deutsche Bundesbank, Frankfurt, 29 May 2019
- 15 November 2018
- SPEECHWelcome remarks by Benoît Cœuré, Chair of the Committee on Payments and Market Infrastructures of the Bank for International Settlements and Member of the Executive Board of the ECB, at the Economics of Payments IX conference, Basel, 15 November 2018Annexes
- 15 November 2018
- ANNEX
- 26 June 2018
- SPEECHSpeech by Benoît Cœuré, Member of the Executive Board of the ECB, at the Central Bank Payments Conference, Singapore, 26 June 2018
- 14 May 2018
- SPEECHSpeech by Benoît Cœuré, Member of the Executive Board of the ECB, at the International Center for Monetary and Banking Studies, Geneva, 14 May 2018
- 14 May 2018
- SPEECHSpeech by Yves Mersch, Member of the Executive Board of the ECB, at the 39th meeting of the Governor’s Club Bodrum, Turkey, 14 May 2018
- 11 April 2018
- SPEECHIntroductory remarks and Q&A with Mario Draghi, President of the ECB, Frankfurt, 11 April 2018
- 8 February 2018
- SPEECHLecture by Yves Mersch, Member of the Executive Board of the ECB, Official Monetary and Financial Institutions Forum, London, 8 February 2018