Quantcast

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

Binance Labs rebrands to YZi Labs with new leadership and investment focus
Crypto influencer: Bitcoin's 'design ensures that no single person or entity can control it'
The New SEC Chairman Is Pro-Crypto and Here's Why That Changes Everything
EUCI co-founder: 'A decentralised product will have different legal consequences in different markets'
US: SEC launches crypto task force led by Hester Peirce
ECB member doubles down on digital euro after Trump’s crypto EO: Report
Binance authorized by Uzbek regulator to provide services
Coinbase CEO on transaction delays: 'We were not anticipating this level of surge'
SEC launches crypto task force led by Hester Peirce
World Liberty Financial: Trump's DeFi project breaks records
Trump inauguration live: Latest crypto market updates, analysis, reactions
Shaping skylines: Developers eye crypto buildings in Dubai, Tokyo
Cryptocurrencies and finance: BlackRock and Hamilton Lane dive into DeFi with Plume
EU’s new ‘DORA’ rules come into effect: What does it mean for crypto?
Judge Bibas on SEC enforcement: SEC repeatedly sues crypto companies, ‘yet it will not tell them how to comply’
Bitcoin in the USA: Senator Lummis is already putting pressure on the former administration
Trump plans to make crypto a national priority
AMF and ACPR announce updated list of unauthorized investment websites
BaFin announces warning on unauthorized services by SNB Capital Limited
Polymarket Threatened With Ban By Thailand Cyber ​​Police
Bitget User on 25% asset loss and account freezing: The 'admin just remove my comment'
Malaysia mulls crypto policy after talks with UAE and Binance founder CZ
Electric Capital co-founder calls regulatory actions 'Chokepoint 2.0'
Bitcoin: Pro-Crypto Cynthia Lummis Heads New Senate Subcommittee
Trump's Future Treasury Secretary Holds $500,000 in Bitcoin ETFs
Bitcoin Difficulty Hits All-Time High, Adjusts Positively for 8th Consecutive Time
Bybit halts India service following string of suspensions in other markets
Hong Kong launches 'supervision incubator' to help banks adopt blockchains
MEP Berger: 'The FDP needs Bitcoin'
Sen. Lummis on Ex-Vice Chair of Federal Reserve: He was 'enabling Chokepoint 2.0'
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

Brian Armstrong, CEO of Coinbase, said that broader cryptocurrency use will emerge from seamless products where users benefit without engaging with the underlying systems.

Oct 22, 2025

Michael Saylor, co-founder of Strategy Inc., announced that the company has expanded its bitcoin holdings and reported a 25.9% year-to-date yield for 2025.

Oct 22, 2025

Lark Davis, founder of Wealth Mastery, advised traders to avoid leverage and risky "revenge trading" amid widespread liquidations and emphasized the importance of protecting capital.

Oct 22, 2025

Kent Lin, Co-founder of Optimum, said that Bitcoin's market capitalization is approximately 7% of gold's, suggesting that the rally in gold expands potential upside for Bitcoin.

Oct 22, 2025

Anna Milne, founding director of research for the CAFE Association, said that membership focuses on industry leadership that combines innovation with consumer protection, rather than merely adhering to baseline compliance.

Oct 20, 2025

Edward "Coach" Weinhaus, the Founding Executive Director of the CAFE Association, emphasized that fraud is a shared problem and detailed the organization's plan to educate consumers and support responsible companies.

Oct 17, 2025