Business

Could cryptocurrency dethrone the dollar?

Bank of England governor Mark Carney has suggested that a virtual currency, modelled on Facebook's Libra, could one day replace the dollar as king of the foreign exchange market.

Security

ECB uncovers data breach in bank newsletter

Hackers had access for months to the contact information of hundreds of financial industry subscribers to a European Central Bank newsletter, the Frankfurt institution said Thursday.

Business

Facebook's Libra prospects dim, but cryptocurrencies roll on

Facebook's planned global digital coin Libra has run into a wall of opposition in Washington that could prevent its launch as envisioned, but analysts say cryptocurrencies are likely to make gains around the world nonetheless.

Business

ECB greenlights next stage of digital euro project

The European Central Bank moved closer to creating a "digital euro" Wednesday by greenlighting the next stage in the project, even as questions persist about the potential benefits and risks.

Business

Arm listing may boost return to IPOs

The initial public offering of British chip designing giant Arm, announced on Monday, could signal a rebound in companies introducing their shares on stock markets after a year of relatively few such listings.

Security

Germany appoints central bank IT chief to head cybersecurity

The German government announced the appointment Tuesday of the European Central Bank's head of IT systems to lead the national cybersecurity agency, months after her predecessor was removed following reports of possible problematic ...

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