European central bank pushes for CBDC launch in 2029: Report

CointelegraphThursday, October 30, 2025 at 4:50:44 AM
European central bank pushes for CBDC launch in 2029: Report
The European Central Bank is making strides towards launching a Central Bank Digital Currency (CBDC) by 2029, a move that could revolutionize the financial landscape in Europe. This initiative is significant as it follows the footsteps of countries like Nigeria, the Bahamas, and Jamaica, which have already implemented their own CBDCs. The push for a digital euro reflects a growing trend among nations to modernize their financial systems and enhance transaction efficiency, potentially leading to greater economic stability and innovation.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Nigerian Regulator Warns Crypto and Gambling Threaten Infrastructure Investment
NegativeCryptocurrency
A Nigerian regulator has issued a warning that the rise of cryptocurrency and gambling activities could jeopardize vital infrastructure investments in the country. This is significant as it highlights the ongoing tension between emerging financial technologies and traditional investment frameworks, raising concerns about the stability and future of Nigeria's economic development.
Bitcoin Beats The Euro — France Chooses Crypto Over CBDC
PositiveCryptocurrency
In a significant move, France's National Assembly has decided to block the European Central Bank's plans for a digital euro, opting instead to support Bitcoin and euro stablecoins. This resolution, filed by Éric Ciotti and members of the UDR on October 22, 2025, highlights France's commitment to embracing cryptocurrency as a viable alternative to traditional digital currencies. This decision could pave the way for greater adoption of crypto in Europe, signaling a shift in how governments view digital assets.
Bitchat hits No. 2 on app charts in Jamaica as Hurricane Melissa strikes
PositiveCryptocurrency
Bitchat, a decentralized messaging app, has soared to No. 2 on the app charts in Jamaica amidst the chaos caused by Hurricane Melissa, which is bringing 185-mile-per-hour winds and disrupting communication. This surge in downloads highlights the app's importance in providing a reliable communication channel during emergencies, showcasing how technology can play a crucial role in keeping people connected when traditional methods fail.
Latest from Cryptocurrency
Solana Steps Into Wall Street Arena: Grayscale ETF Launches On NYSE
PositiveCryptocurrency
Grayscale Investments has launched a new Solana-focused ETF on the NYSE, marking a significant step for Solana in the financial markets. This ETF, known as the Grayscale Solana Trust ETF (GSOL), not only allows investors to gain exposure to Solana but also includes a staking feature that passes network rewards directly to them. This move is important as it positions Grayscale as a major player in the Solana ecosystem, potentially attracting more investors and boosting the cryptocurrency's visibility in traditional finance.
OpenAI eyes trillion-dollar IPO amid global AI arms race: Report
PositiveCryptocurrency
OpenAI is gearing up for a massive trillion-dollar IPO in 2026, aiming to secure funding for the next phase of ChatGPT's development. This move comes as the global competition in artificial intelligence heats up, highlighting OpenAI's ambition to stay at the forefront of AI innovation. The IPO could significantly impact the tech landscape, attracting attention from investors and setting the stage for future advancements in AI technology.
Ethereum Developer Consensys Inches Closer To IPO: Report
PositiveCryptocurrency
Consensys, a key player in the Ethereum ecosystem known for its MetaMask wallet and Infura toolkit, is making significant strides toward an initial public offering (IPO). By selecting JPMorgan and Goldman Sachs to guide this process, Consensys is positioning itself for a major financial milestone. This move is important not just for the company but also for the broader cryptocurrency market, as it signals growing institutional interest and legitimacy in blockchain technology.
Taurus Opens New York Office as US Regulatory Clarity Spurs Institutional Push
PositiveCryptocurrency
Taurus has opened a new office in New York, a move that highlights the growing interest from institutional investors in the U.S. as regulatory clarity improves. This development is significant because it signals a shift in the financial landscape, where clearer regulations can encourage more institutions to engage with cryptocurrency markets, potentially leading to increased investment and innovation in the sector.
Analysis: Prediction Market Bettors Miscalculated Dutch Election Results
NegativeCryptocurrency
Recent analysis reveals that bettors in prediction markets significantly miscalculated the outcomes of the Dutch elections. This misjudgment highlights the challenges and unpredictability of using such markets for political forecasting. Understanding these discrepancies is crucial as it raises questions about the reliability of prediction markets in shaping public opinion and influencing electoral strategies.
Indonesia’s digital rupiah CBDC to get ‘stablecoin’ companion backed by government bonds
PositiveCryptocurrency
Indonesia is taking a significant step in the digital finance world by introducing a stablecoin backed by government bonds, which will be integrated with its digital rupiah CBDC. This move not only enhances the stability of the digital currency but also aims to foster greater trust and adoption among users. By leveraging government bonds, the stablecoin is expected to provide a secure and reliable option for transactions, potentially transforming the financial landscape in Indonesia.