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According to market news, European Central Bank President Christine Lagarde is considering stepping down before her term ends in October 2027, so that French President Macron and German Chancellor Merz can reach an agreement on her successor before the French elections in April 2027.A spokesperson for the European Central Bank later responded that Lagarde is "fully focused on her mission and has not made any decisions regarding the end of her term." Lagarde's potential early departure comes at a critical time for the advancement of the digital euro by the European Central Bank. Under her leadership, the European Central Bank has been continuously advancing the preparations for the digital euro and has repeatedly emphasized the need to manage the risks of private digital currencies such as stablecoins within the framework of the EU's Markets in Crypto-Assets Regulation.Lagarde herself has long held a critical stance towards cryptocurrencies like Bitcoin, describing them as "highly speculative," "worthless," and "not backed by any underlying assets." If there is a change in the leadership of the European Central Bank, it could affect the institution's communication focus and priorities regarding the digital euro, stablecoin regulation, and crypto-related payment arrangements, although the overall regulatory direction has already been established at the EU level.

According to Cointelegraph, European Central Bank Executive Board member Piero Cipollone stated that the escalating geopolitical tensions have further highlighted the necessity of establishing a Europe-led digital payment system.In an interview released by the European Central Bank on Wednesday, Piero Cipollone described the proposed digital euro as a "digital form of public money," and pointed out that the digital euro is crucial for complementing cash and addressing Europe's increasingly fragmented payment landscape, especially in the context of the booming e-commerce. Piero Cipollone noted that cash transactions account for about a quarter (24%) of daily transactions, a significant drop from 40% in 2019. He stated that the European Central Bank has a responsibility to adjust the way it provides money as a public good.Piero Cipollone directly linked this task to geopolitics, warning that "all possible tools have been weaponized" and that the increasingly tense global situation further underscores the necessity of establishing a European retail payment system that is "fully under our control," which should be based on European technology and infrastructure rather than non-European suppliers.

According to Jin10, ECB Governing Council member Villeroy stated that the inflation impact of a weaker dollar may influence interest rate decisions.

According to Jinshi reports, ECB Executive Board member Schnabel stated that she feels "reassured" by the market's bets on the next policy move being an interest rate hike.

According to Jin10, ECB Governing Council member Vujicic stated that in order to cut interest rates again, a downward trend in inflation must be observed.

ChainCatcher news, according to Decrypt, BitMEX co-founder Arthur Hayes warned in his latest blog post that France's high debt issue, as the second largest economy in the Eurozone, will force the European Central Bank to print money on a large scale, which will drive up the price of Bitcoin.

ChainCatcher news, according to Bloomberg, European Central Bank Executive Board member Piero Cipollone stated that with the increased efforts to implement the digital euro project, the digital euro is expected to become a reality by 2029.Last week, Eurozone finance ministers reached an agreement on setting customer holding limits, which Cipollone considers a "significant breakthrough," and he sees positive momentum. On Tuesday, he mentioned at the Bloomberg Financial Future event that discussions at the member state level are progressing smoothly, and a mid-2029 launch date seems reasonable. The current biggest obstacle is the need for legislative support from the European Parliament. After submitting a progress report on October 24, lawmakers will have six weeks to propose amendments and then spend another five months discussing them. By early May, it may be possible to know the Parliament's position. Cipollone also stated that a general framework should be reached by the end of the year, meaning an agreement among member states.

ChainCatcher news, according to Jin10, ECB board member Iskriwa stated that the large-scale expansion of stablecoins could strengthen the position of the US dollar.

ChainCatcher news, according to Jinshi reports, European Central Bank President Lagarde stated that the EU's regulation on crypto assets (MiCAR) aims to address the risks of stablecoins in two ways. First, stablecoin issuers must allow EU investors to redeem their held assets at face value at all times. Second, stablecoin issuers must hold a significant proportion of reserves in bank deposits.

ChainCatcher news, according to Jinshi reports, ECB board member Simkus hinted that the bank may consider cutting interest rates in December.

ChainCatcher news, according to Jinshi reports, ECB Executive Board member Schnabel stated that interest rates are currently slightly accommodative.

ChainCatcher news, according to Jinshi reports, ECB Executive Board member Schnabel stated that global interest rate hikes may come earlier than people think.

ChainCatcher news, according to Jinshi reports, ECB Executive Board member Schnabel stated that current inflation risks are tilted to the upside and that relevant economic data changes need to be closely monitored.

ChainCatcher news, according to Jin10, European Central Bank official Dolenc stated that interest rates can remain at the current level.

ChainCatcher news, a survey shows that European Central Bank officials will wait until December to implement the next rate cut, which is likely to be the last step in this round of rate cuts. Compared to the July survey, economists have pushed back their expectations for the next rate cut by three months.They believe that by then, the deposit rate will be lowered to 1.75% and will be maintained at that level for 9 to 10 months, after which, as demand rebounds, the European Central Bank will be forced to reverse its policy direction. Waiting until the last decision in 2025 to take action will give the ECB policymakers more time to assess the impact of the trade turmoil triggered by U.S. President Trump.By December, policymakers will have the economic performance data for the third quarter, which will more clearly reflect the underlying momentum of the economy after the distortion effects caused by businesses acting in advance of U.S. tariffs at the beginning of the year have faded. The new forecast report will also provide them with their first insights into growth and inflation trends for 2028. (Jin Ten)

ChainCatcher news, despite reports that the EU is about to reach a trade agreement limiting U.S. tariffs, Capital Economics economist Andrew Kenningham pointed out that the European Central Bank is likely to maintain a cautious stance.The Wall Street Journal previously reported that Brussels plans to accept a proposal for a 15% tariff on most EU goods exported to the U.S.—though lower than the 30% threatened by Trump, it is significantly higher than the current rates faced by European goods.Kenningham analyzed that this move would have a limited impact on the Eurozone economy. This means that European Central Bank President Christine Lagarde and her colleagues, who are holding a policy meeting in Frankfurt, are unlikely to change their policy stance as a result. "While the agreement could avoid a destructive escalation of trade barriers, the actual impact would be slightly adverse compared to the economic assumptions underlying the ECB's baseline forecasts," Kenningham stated.

ChainCatcher news, according to Jinshi reports, ECB board member Vujcic stated that the pace of interest rate cuts by the European Central Bank is nearing its end.

ChainCatcher news, according to Jin10, ECB board member Panetta stated that the rise of crypto assets requires technical responses, such as the digital euro project. The reputational risks associated with banks providing crypto assets need to be closely monitored. Crypto assets cannot be controlled solely through rules and restrictions.

ChainCatcher news, according to Jin10 data reports, ECB board member Müller stated that the possibility of further rate cuts in the future cannot be ruled out.A clear reason is needed for a significant further rate cut. It is not yet clear whether we must significantly lower interest rates.

ChainCatcher news, according to Jin10 data report, ECB board member Simkus stated that there is no core scenario for ECB interest rates, and it is necessary for the ECB to cut interest rates in June.