Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, European Central Bank head touts CBDC as symbol of ‘trust,’ Spot Solana ETFs continue to attract investor interest amid “capital rotation” from Bitcoin and Ether funds, Meanwhile, Bitcoin ended October at a 3.69% monthly decline, the first time in seven years.
European Central Bank (ECB) president Christine Lagarde said on Friday that the digital euro, a central bank digital currency (CBDC), is a “symbol of trust,” and that the ECB is aiming to launch it “as early as possible.”
Lagarde said that traditional “banknotes” would continue to circulate and that the digital euro CBDC would function like cash but for online payments. She continued:
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