{"id":46454,"date":"2021-06-02T20:29:00","date_gmt":"2021-06-02T16:29:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=46454"},"modified":"2021-06-03T02:09:41","modified_gmt":"2021-06-02T22:09:41","slug":"digital-currency-could-increase-demand-for-euro-ecb","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/digital-currency-could-increase-demand-for-euro-ecb\/06\/02\/market-updates\/","title":{"rendered":"Digital Currency Could Increase Demand for Euro \u2013 ECB"},"content":{"rendered":"\n<p>The European Central Bank (ECB) said on Wednesday that creating a digital Euro (EUR) could boost global demand for the currency, making it easier for broader use, Reuters reported.<\/p>\n\n\n\n<p>\u201cSafety, low transaction costs and bundling effects, could ease international adoption of a currency.\u201d<\/p>\n\n\n\n<p>\u201cTransparency or selective privacy would enable better compliance and know-your-customer checks to be implemented, thereby controlling illicit payment flows, for instance for large transactions.\u201d<\/p>\n\n\n\n<p>\u201cThese safeguards would strengthen the reputation and credibility of the digital euro.\u201d<\/p>\n\n\n\n<p>The European Commission, the European Union\u2019s executive arm, has vowed to enhance the use of the single currency outside of the bloc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Central Bank (ECB) said on Wednesday that creating a digital Euro (EUR) could boost global demand for the currency, making it easier for broader use, Reuters reported. \u201cSafety, low transaction costs and bundling effects, could ease international adoption of a currency.\u201d \u201cTransparency or selective privacy would enable better compliance and know-your-customer checks to &hellip;<\/p>\n","protected":false},"author":10,"featured_media":44251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,37,36],"tags":[6923,6928,6992],"class_list":["post-46454","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-forex-markets","category-market-updates","tag-ecb","tag-euro","tag-european-union"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=46454"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46454\/revisions"}],"predecessor-version":[{"id":46455,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46454\/revisions\/46455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=46454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=46454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=46454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}