According to the ECB Crypto update, currently, Bitcoin is no threat to Europe's financial stability. As the report points out, cryptocurrencies are not currently regulated in Europe.
The ECB says that the functioning of ESMA clearing houses regulation proposal has a direct impact on banks’ lending capacity and violate its independence.
The ECB will issue its interest rate decision at 12:45 GMT. What should we expect from today’s meeting? Peer into the 25 January ECB Monetary Policy Outlook and get updated.
ECB will not regulate cryptocurrencies, according to the latest remarks from the EU central bank's President, Mario Draghi. He also has discussed whether he would recommend buying Bitcoin in response to a question from one of the college student. He has signaled that he would think “carefully” prior to buying Bitcoin.
Draghi held a positive tone yesterday, reassuring investors that inflation is underway as growth continues to take effect. But what impact does his speech have on the Euro? Learn this from the Draghi Speech EUR Impact Analysis.
21/01/15 EURUSD slightly bearish, trading below resistance 1.160
Weekly fundamental outlook: Minutes of the Bank of Japan Monetary Policy meeting early Monday. Other highlights are ECB Press Conference, US CPI & more