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The European Central Bank appears serious about a digital euro.
The European Central Bank (ECB) shut down one of its websites on Aug 15 after it was hacked and infected with malicious software.
European Union countries must foster payment services that work across the continent to boost its financial sector and reduce dependence on third countries like the United States, a top European Central Bank official said on Sept 3.
The European Central Bank will set up a database to register incidents of cyber crime at commercial banks, aiming to create an early warning and analysis system for big lenders, it told a German newspaper.
Italian police arrested two siblings on Tuesday for hacking into the e-mails of European Central Bank President Mario Draghi, former prime minister Matteo Renzi and thousands of others.
FRANKFURT (Reuters) - European Central Bank President Christine Lagarde called on Wednesday for global regulation of Bitcoin, saying the digital currency had been used for money laundering activities in some instances and that any loopholes needed to be closed.
Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble.
The world's largest central banks – and even some of the smaller ones – are toying with the idea of issuing digital currencies.
Blockchain technology could reduce the role of intermediaries such as banks and settlement houses, the Bank for International Settlements - or "the central bankers' central bank" - said in a report.