Quantcast

President of Les Engagés Bruxelles Party: ECB's digital euro is 'useless, costly, and dangerous waste'

Customs duties: faced with Trump, Europe has chosen submission rather than confrontation
Europe risks USD dominance without common stablecoin rules: ECB adviser
ASIC Warns Against Bitget’s “Unlicensed” Crypto Offerings
Bitcoin, XRP… PayPal opens in-store payment to 100 cryptocurrencies
Changpeng Zhao's fortune surpasses $70 billion thanks to rising BNB
Mercurity Fintech to build $200 million SOL treasury with backing from Solana Ventures Ltd.
Out with gold, in with Bitcoin: India's ultra-rich are betting everything on crypto
Trump’s media company reports $2B in Bitcoin after crypto bills pass US House
UK to sell $7.2 billion worth of Bitcoin (BTC)
BloFin Adds Apple Pay Support; An Even Smoother Crypto Buying Experience for Traders
Bitcoin creator Satoshi Nakamoto is the world’s 11th richest person
Binance Launches TGE Bonding Curve with Four.Meme: Everything You Need to Know
Bernstein expects 'long and exhausting' crypto bull market with bitcoin to hit $200,000 by early 2026
Strategy bags another $472M in BTC as Bitcoin jumps to new highs
Bank of England puts a stop to stablecoins: here's why
UAE Golden Visa is ‘being developed independently‘ — TON Foundation
SEC Sets July Deadline for Solana (SOL) ETF Refilings, Clearing Path for Pre-October Approval
Robinhood's OpenAI-linked token drop triggers demand debate
US Secret Service cracks down on crypto scams
Donald Trump Signs His “One Big Beautiful Bill” Budget Law — What’s the Takeaway?
Crypto exchange OKX wants to go public on Wall Street
Federal Reserve removes 'reputational risk' from bank examinations in a 'win' against crypto debanking
India wants 30% of your crypto gains, but that’s not the worst part
This payment giant announces a stablecoin for 6 million merchants and 10,000 financial institutions
Bitcoin at $21 million by 2046? Michael Saylor revises his predictions upwards
JPMorgan files trademark application for JPMD, citing multiple blockchain use cases
Geopolitical tensions: Gold soars, Bitcoin hesitates
Bitcoin on the rise, towards a new ATH likely
Gemini, Coinbase expected to secure EU licenses under MiCA — Report
Justin Sun lance une Tron Treasury Company avec le soutien de la famille Trump
President of Les Engagés Bruxelles Party: ECB's digital euro is 'useless, costly, and dangerous waste'
Web3/Crypto
Webp christophe de beukelaer 1
Christophe De Beukelaer, President for Les Engagés Bruxelles Party | Facebook

Christophe De Beukelaer, President of Les Engagés Bruxelles Party, expressed concerns regarding the European Central Bank's (ECB) development of a digital euro. He described it as unnecessary and problematic, suggesting it is a reaction to the U.S. approach to cryptocurrency technology. The statement was made on X.

"After demonizing Bitcoin and cryptos, thus preventing € stablecoins from emerging, the ECB is panicking in the face of the $, which, on the contrary, is embracing this new tech," said De Beukelaer. "To cover up this mistake and this blindness, it is inventing the digital euro, which is useless, costly, and dangerous waste."

Recent policy developments have seen the ECB transition from an investigation phase to a preparation phase in 2024 for the digital euro. The ECB aims to provide a secure digital currency option that complements cash while enhancing financial sovereignty within the European Union (EU). According to the ECB, ongoing debates among EU policymakers focus on privacy, security, and potential impacts on banks. The ECB emphasizes that the digital euro is crucial for maintaining monetary autonomy and public trust in an increasingly digital economy.


Christophe De Beukelaer, President for Les Engagés Bruxelles Party | Facebook

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

The European Central Bank reported that a 2024 public consultation revealed 55% of Europeans are aware of the digital euro, with 43% supporting its introduction provided there are strong privacy protections. Several pilot projects, including the ECB’s digital euro prototype and the European Payments Initiative, have tested features like digital wallets and merchant acceptance in major EU countries, indicating growing interest and ongoing development.

As noted by the Bank for International Settlements, efforts toward digital currency in the Eurozone are advancing through government-led pilots, with 80% of Eurozone central banks involved in Central Bank Digital Currency (CBDC) research. In contrast, the U.S. remains focused on private stablecoins amid ongoing Congressional debate over a retail CBDC. This contrast highlights Europe's more unified public sector approach compared to the U.S.'s fragmented market-driven adoption.

According to Les Engagés Bruxelles’ official site, Christophe De Beukelaer serves as President of Les Engagés Bruxelles Party and has previously been a Brussels Regional Parliament member and city councilor. Known for his focus on digital innovation, he gained attention as the first European politician to take his salary in Bitcoin and is recognized for modernizing his party’s platforms.

Les Engagés Bruxelles was founded in its current form in 2022 as a centrist movement promoting citizen participation, transparency, and sustainable development in Brussels. Its organizational structure includes a president, executive committee, and thematic working groups rooted in Belgium’s Christian Democratic tradition with a renewed civic mission for local governance.

Organizations Included in this History
More News

Christophe De Beukelaer, President of Les Engagés Bruxelles Party, expressed concerns regarding the European Central Bank's (ECB) development of a digital euro.

Jul 31, 2025

Binance has announced the launch of DEX Pro Mode for its Binance Wallet, as said in a press release.

Jul 31, 2025

Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), announced that the company has continued to increase its Bitcoin holdings and reported a strong year-to-date yield, reinforcing its leadership in corporate cryptocurrency...

Jul 31, 2025

The Australian Securities and Investments Commission (ASIC) has issued a warning to investors regarding unlicensed crypto asset futures products offered by Bitget, as said in a public announcement.

Jul 29, 2025

Binance has announced an expansion of its institutional off-exchange settlement services, introducing support for two tokenized real-world assets, USYC and cUSDO, which can now be pledged as collateral.

Jul 28, 2025

Vitalik Buterin, co-founder of Ethereum, has said that approximately half of the network's stake supports an increase in the Ethereum Layer 1 (L1) gas limit.

Jul 28, 2025