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ECB President Lagarde Aims to Seize Shifting Global Order to Strengthen Euro’s Global Position
17.6.2025
In a recent blog post, Christine Lagarde, President of the European Central Bank, emphasized the need for Europe to strengthen three foundational pillars—geopolitical credibility, economic resilience, and legal and institutional integrity—to enhance the euro’s global prominence. Lagarde noted...
The Blockchain Group Buys Nearly $70M Worth of Bitcoin, Boosting Total Holdings to 1,471 BTC
3.6.2025
Major capital operations fuel acquisition valued at 60.2 million euros, leading to an impressive BTC yield of 1,097.6% YTD
DekaBank Rolls Out Crypto Trading, Custody Services for Institutions: Bloomberg
24.2.2025
The bank, with over 370 billion euros in assets under management, is emphasizing security and regulatory compliance
Hungary Threatens to Block EU Sanctions on Russia, Citing 19 Billion Euros in Losses
1.2.2025
Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU’s Russia Sanctions at Risk—Hungary Says Economic Damage Is Too High Hungary is prepared to block...
EU Seizure of Russia’s Assets Could Erode Euro’s Reserve Status
13.12.2024
Seizing Russia’s frozen assets risks catastrophic fallout, including collapsing trust in global financial systems, destabilizing the euro, and sparking severe retaliatory measures. Confiscating Russia’s Assets Could Backfire Catastrophically, Euroclear Cautions EU Euroclear Ltd., the Belgian...
ECB paper claims older Bitcoin holders are exploiting new holders
19.10.2024
Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation
German Authority Seizes 13 Unauthorized Crypto ATMs
22.8.2024
Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transactions and posed money laundering risks. Under German...
EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets
24.7.2024
The European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest on frozen Russian assets. This decision, announced by EU High Representative for Foreign Affairs and Security Policy Josep Borrell during a Council on Foreign Affairs...
ECB Publishes Digital Euro’s First Progress Report
26.6.2024
The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, highlighting key design features and ongoing developments. The report emphasizes high privacy standards for both online and offline payments, aiming to provide users with a cash-like level...
Italy to Increase Surveillance of Crypto Market With Fines as High as 5M Euros: Reuters
20.6.2024
Italy is set to adopt measures that will include high fines for those who manipulate the crypto asset market as part of a wider scheme to beef up surveillance of risks tied to the sector
Moscow Exchange Stops Trading in Dollar and Euro Due to US Sanctions
14.6.2024
On Wednesday, the Moscow Exchange (MOEX) announced new restrictions on its trading activities. The exchange revealed that, due to the enactment of U.S. sanctions against its platform, it would stop activity in all trading pairs involving the U.S. dollar and the euro. These measures came into effect...
Euro’s Reserve Currency Status Threatened as Its Share of Foreign Reserves Holdings Drops
13.6.2024
A report from the European Central Bank indicated that the euro’s share of foreign exchange reserves declined by one percentage point to 20% in 2023. According to the report, the continued diversification of global reserve portfolios into nontraditional currencies threatens to further erode...
Bitcoin Price Hits Record Highs in Euros and Pounds – Here’s Where BTC Is Headed Next
4.3.2024
The Bitcoin price just hit new record highs in euros and British pounds and is fasting heading to record highs in USD terms.
The post Bitcoin Price Hits Record Highs in Euros and Pounds – Here’s Where BTC Is Headed Next appeared first on Cryptonews
Iron Bank Euro’s Stablecoin Crisis: No Clear Path to Repeg After 60% Value Drop
20.12.2023
Source: Adobe / Skórzewiak Iron Bank Euro (IBEUR), a low-cap alternative stablecoin, has found itself in the midst of a crisis with no immediate route back to its stablecoin peg after experiencing a sharp 60% drop in value on Monday. The stablecoin, with a $3.7 million issuance, tumbled from...
SocGen’s Own Stablecoin Set to Debut Trading on Bitstamp Exchange
6.12.2023
Source: AdobeStock / AUFORT Jérome French banking giant Societe Generale is listing its stablecoin, dubbed EUR CoinVertible, on the Luxembourg-based Bitstamp crypto exchange. EUR CoinVertible will be fully backed by Euros and issued on the Ethereum public blockchain, SocGen said in a release....
Societe Generale Issues First Digital Green Bond as Security Token on Ethereum Blockchain
5.12.2023
Source: iStock/AdrianHancu Societe Generale, the third-largest bank in France, has marked a significant milestone by issuing its inaugural digital green bond on the Ethereum public blockchain. Societe Generale announced Monday that it issued its first green bond on the Ethereum blockchain....
ECB Chief Christine Lagarde Reveals Her Son Invests in Crypto Despite Her Warnings — ‘He Ignored Me Royally’
24.11.2023
The president of the European Central Bank (ECB), Christine Lagarde, has reportedly revealed that her son invested in crypto despite her warnings. “He ignored me royally,” Lagarde shared, noting that after he lost 60% of the money he invested, she had another talk with him about crypto investing....
Germany’s Third-Largest Bank Unveils Blockchain-Based Digital Custody Platform for Institutional Investors
6.11.2023
DZ Bank, one of Germany’s leading financial institutions with assets totaling 300 billion euros, has launched its own blockchain-powered custody platform. According to an announcement by the bank, the platform is specifically designed to cater to institutional clients, enabling them to engage...
Euroclear Unveils RWA Tokenization Service With World Bank's 100M Euros Digital Bond Issuance
24.10.2023
The digital bond was issued on R3's Corda blockchain, while global bank Citi and investment manager TD Securities assisted in the issuance
Crypto exchange Binance restores euro services after new fiat partners
20.10.2023
Euro payments, deposits, and withdrawals are back on for European Binance users months after the severance of services by PaySafe