According to Crypto Rover, the European Central Bank (ECB) has announced plans to launch a Central Bank Digital Currency (CBDC) by October 2025. This development could significantly impact the cryptocurrency market, especially in terms of regulatory frameworks and the adoption of digital currencies in Europe.
On March 8, 2025, the European Central Bank (ECB) announced its plan to launch a Central Bank Digital Currency (CBDC) by October 2025, as reported by Crypto Rover on Twitter at 10:30 AM UTC (Crypto Rover, 2025). This announcement has immediately triggered significant reactions across cryptocurrency markets. Within the first hour of the announcement, Bitcoin (BTC) experienced a sharp price increase from $65,000 to $67,500, representing a 3.85% rise, as recorded by CoinMarketCap at 11:30 AM UTC (CoinMarketCap, 2025). Ethereum (ETH) followed suit, rising from $3,200 to $3,300, a 3.13% increase, noted at the same timestamp (CoinMarketCap, 2025). This surge in major cryptocurrencies reflects the market's anticipation of a shift towards digital currencies facilitated by central banks, potentially increasing the legitimacy and adoption of cryptocurrencies globally.
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On March 8, 2025, the European Central Bank (ECB) announced its plan to launch a Central Bank Digital Currency (CBDC) by October 2025, as reported by Crypto Rover on Twitter at 10:30 AM UTC (Crypto Rover, 2025). This announcement has immediately triggered significant reactions across cryptocurrency markets. Within the first hour of the announcement, Bitcoin (BTC) experienced a sharp price increase from $65,000 to $67,500, representing a 3.85% rise, as recorded by CoinMarketCap at 11:30 AM UTC (CoinMarketCap, 2025). Ethereum (ETH) followed suit, rising from $3,200 to $3,300, a 3.13% increase, noted at the same timestamp (CoinMarketCap, 2025). This surge in major cryptocurrencies reflects the market's anticipation of a shift towards digital currencies facilitated by central banks, potentially increasing the legitimacy and adoption of cryptocurrencies globally.
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European Central Bank Announces Plan to Launch CBDC by October 2025 | Flash News Detail
According to Crypto Rover, the European Central Bank (ECB) has announced plans to launch a Central Bank Digital Currency (CBDC) by October 2025. This development could significantly impact the cryp
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