[Oct 20, 2023 2:45 AM] The European Data Protection Board and the European Data Protection Supervisor issued a joint opinion statement on regulating a digital euro.
[Oct 18, 2023 1:59 PM] Though the issuance of a digital euro is not a certainty, officials with the European Central Bank are moving to next phase of the project.
[Oct 18, 2023 7:02 AM] The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto.
[Sep 29, 2023 12:50 PM] As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom.
[Sep 28, 2023 4:30 PM] Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank…
[Sep 25, 2023 3:30 AM] In recent discussions surrounding Bitcoin (BTC) and its potential future price trajectory, crypto-enthusiasts and analysts alike are finding new correlations to dissect. Most notably, a correlation with the EURUSD pair (the euro against the US…
[Sep 20, 2023 3:45 PM] The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking.
[Sep 14, 2023 6:00 PM] 75% of all fiat volume in Binance, the largest cryptocurrency exchange by client count, is dominated by the Turkish Lira (TRY). At this rate, Kaiko, a blockchain analytics firm, confirms that the Turkish Lira is the most preferred currency…
[Sep 11, 2023 5:43 PM] Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via email.
[Sep 8, 2023 3:30 AM] The popular Ethereum wallet Metamask has introduced a new feature allowing users to convert crypto to major fiat currencies. The “Sell” option currently supports cashing out ether (ETH) and is available to users in the U.S., the…
[Sep 4, 2023 2:57 PM] Private payment services can gain a monopoly with no benefit to other market players or economic stability, ECB board member Fabio Panetta said.
[Sep 2, 2023 12:00 AM] The share of currencies other than the U.S. dollar and the euro in international reserves is on the rise, according to a Russian representative. The trend is being observed as a growing number of countries try to use their national currencies in…
[Aug 29, 2023 10:30 PM] Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the potential move comes after the exchange delisted several sanctioned Russian banks from its peer-to-peer…
[Aug 25, 2023 2:23 PM] Banco de España Deputy Gov. Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial service providers.
[Aug 25, 2023 12:30 AM] The Ministry of Economic Development of Russia does not expect the rapid development of a common currency for the BRICS bloc. Deputy Economic Development Minister Vladimir Ilyichev stated that “quick breakthroughs” on this issue are…
[Aug 24, 2023 3:00 AM] The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be an alternative to the U.S. dollar that can be used to denote the cost of some commodities, for…
[Aug 21, 2023 8:41 AM] In a since-deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended euro transactions through SEPA.
[Aug 20, 2023 10:30 PM] Economics Nobel laureate Paul Krugman recently stated that Argentina might be better off adopting the euro instead of the U.S. dollar amidst the devaluation of the Argentine peso. Krugman argued that Argentina has almost twice as much trade with…
[Aug 4, 2023 2:00 PM] According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.”
[Aug 4, 2023 11:00 AM] Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies.
[Jul 31, 2023 5:30 AM] Isaias Afwerki, president of Eritrea, reinforced the need for building a new economic system away from the traditional centers of power. At the second Russia-Africa Summit, Afwerki told Russian President Vladimir Putin that the current world order…
[Jul 9, 2023 12:30 PM] Inflation in the eurozone has started to decline but the area’s monetary authority expects it to remain above its target in the next two years. The European Central Bank has to do more to bring it down, its governor commented on the backdrop of…
[Jun 29, 2023 9:00 PM] Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in…
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