The post How an ECB Digital Euro Could Be a Huge Catalyst for ETH, SOL appeared on BitcoinEthereumNews.com. The decision is likely driven in part by increasing concern over the growing dominance of US dollar–pegged stablecoins Public blockchains offer many benefits because they are easy to use and can be adopted quickly, but they also have major privacy issues ECB has not yet made a definitive technical choice, as it remains open to a hybrid approach and is exploring both centralized and decentralized technologies The Financial Times reports that the European Central Bank (ECB) is accelerating its Digital Euro planning and actively considering public blockchains like Ethereum and Solana (instead of a private, ECB-controlled ledger) as possible platforms for issuing the central bank digital currency (CBDC). This decision is likely driven in part by increasing concern over the growing dominance of US dollar–pegged stablecoins, especially following the United States’ passing of the GENIUS Act, which has heightened the urgency to protect the euro’s global role. It’s worth noting that even though public blockchains offer many benefits because they are easy to use and can be adopted quickly, they also have a big problem with privacy because everything on them is visible to everyone. Related: Ethereum Runs the Game While Solana Struggles for Identity, Hayes Warns In other words, choosing a public blockchain for the digital euro is a major change. Unlike China’s highly centralized CBDC or other traditional private systems, launching the digital euro on a platform like Ethereum or Solana could genuinely blur the distinction between government-issued money and public blockchain ecosystems. As such, the ECB has not yet made a definitive technical choice. It remains open to a hybrid approach and is exploring both centralized and decentralized technologies, with final decisions still pending. What this means for crypto If the ECB goes through with its plan, it could position Ethereum and Solana as more than just… The post How an ECB Digital Euro Could Be a Huge Catalyst for ETH, SOL appeared on BitcoinEthereumNews.com. The decision is likely driven in part by increasing concern over the growing dominance of US dollar–pegged stablecoins Public blockchains offer many benefits because they are easy to use and can be adopted quickly, but they also have major privacy issues ECB has not yet made a definitive technical choice, as it remains open to a hybrid approach and is exploring both centralized and decentralized technologies The Financial Times reports that the European Central Bank (ECB) is accelerating its Digital Euro planning and actively considering public blockchains like Ethereum and Solana (instead of a private, ECB-controlled ledger) as possible platforms for issuing the central bank digital currency (CBDC). This decision is likely driven in part by increasing concern over the growing dominance of US dollar–pegged stablecoins, especially following the United States’ passing of the GENIUS Act, which has heightened the urgency to protect the euro’s global role. It’s worth noting that even though public blockchains offer many benefits because they are easy to use and can be adopted quickly, they also have a big problem with privacy because everything on them is visible to everyone. Related: Ethereum Runs the Game While Solana Struggles for Identity, Hayes Warns In other words, choosing a public blockchain for the digital euro is a major change. Unlike China’s highly centralized CBDC or other traditional private systems, launching the digital euro on a platform like Ethereum or Solana could genuinely blur the distinction between government-issued money and public blockchain ecosystems. As such, the ECB has not yet made a definitive technical choice. It remains open to a hybrid approach and is exploring both centralized and decentralized technologies, with final decisions still pending. What this means for crypto If the ECB goes through with its plan, it could position Ethereum and Solana as more than just…

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more