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Euro Stablecoin EURR Issuance Ceased
10.1.2023
Stablecoin issuing protocol e-Money has ended its issuance of EEUR, a coin pegged to the euro, citing current market conditions as the reason
Cosmos EUR stablecoin project to unwind after 2 years
10.1.2023
"The lack of real-world applications for blockchain has led to low demand for non-USD stablecoins," e-Money wrote
ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’
6.1.2023
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regulated. In an opinion piece, Panetta states that while cryptocurrency regulation is a good answer...
Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says
30.12.2022
Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. In a string of tweets, Dmitry Medvedev gave his two cents on what the future holds for the world, a “humble contribution,” as he...
Locker Token and Euro Ice Hockey Champs Rögle BK To Host In-Person NFT Event
24.12.2022
PRESS RELEASE. Locker Token & Ice Hockey extraordinaires Rögle BK have officially announced an In-Real-Life (IRL) NFT, event set to take place at the Catena Arena – the home of the European champions. The event is designed to showcase the innovative asset class that is NFTs, while also...
ECB to Decide Whether to Issue Digital Euro in 2023
24.12.2022
The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year with the regulator planning to make a decision whether to proceed to the realization of the project in the fall of 2023....
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says
22.12.2022
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than...
Digital euro settlement, distribution options detailed in latest progress report
21.12.2022
The ECB is continuing its digital euro investigation with more pieces of the potential system filled in, but no commitment to blockchain technology or even its issuance has been made
Private Banks to Manage Future Digital Euro Wallets, Transactions
21.12.2022
The European Central Bank's progress report on a central bank digital currency outlines the role of financial intermediaries
European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized
10.12.2022
The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on cash payments and to exert stronger oversight on crypto transactions of over...
Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program
8.12.2022
The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central bank digital currency (CBDC). The institution clarified this new program has no relation with the current investigation on a possible digital euro, and has...
Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report
7.12.2022
Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% to $626 billion, the World Bank Migration and Development Brief has said. Africa, where the cost of sending $200 averaged 7.8% in 2022, is the “most severely exposed...
France, Luxembourg Test CBDC for 100M Euro Bond Issue
29.11.2022
The Venus Initiative is the latest attempt to use digital representations of money for financial-market settlement
EIB settles €100 million digital bond on private blockchain
29.11.2022
"Unlike some cryptocurrencies using blockchain technology, the EIB's blockchain bond issues do not lead to extensive energy use," the bank wrote
Vybrali jsme nejlepší relaxační hry. Odpočiňte si u zahradničení ve Stardew Valley nebo při cestování v Euro Truck Simulator 2
27.11.2022
Akce už je někdy už moc, a tak je lepší trochu zpomalit. Vybrali jsme hry, u kterých můžete vypnout a přijít na jiné myšlenky
Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro
10.11.2022
Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital euro to channel financial support to low-income households. This would deepen longer-term...
Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says
10.11.2022
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expected to define the new currency’s legal tender status and determine its privacy features....
Queen Máxima of the Netherlands comes out in support of digital euro
7.11.2022
"Let us envision that better future and build a digital euro that works for all Europeans," said the queen in virtually addressing members of the European Commission
Payment Firm Circle to Bring Euro Coin to Solana in Early 2023
7.11.2022
Circle, the US-based payments company that issues the stablecoin USD coin (USDC), announced its plans to bring its Euro Coin and cross-chain transfer protocol to Solana (SOL) in early 2023.
In a Sunday press release, the company said that it aims to expand native support of Euro Coin and access...
USDC Issuer Circle to Add Solana Support for Euro Coin in 2023
7.11.2022
Stablecoin issuer Circle said it will add support for Euro Coin on the Solana blockchain early next year