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MiCA Spurs Major Shift in Euro Stablecoin Market, Kaiko Analysis Shows
15.10.2024
The European Markets in Crypto-Assets Regulation (MiCA) has made a noticeable impact on the euro stablecoin landscape, according to a fresh report by Kaiko. The research points out that MiCA’s rollout has triggered several delistings and adjustments to offerings on major exchanges. Study:...
Publicly-listed Samara Asset Group to buy Bitcoin using $33M bond
14.10.2024
Samara Asset Group CEO Patrick Lowry said “it would be a dream” to stack as much Bitcoin as MicroStrategy co-founder Michael Saylor
BRICS Slashes US Dollar and Euro Transactions to Below 30%
12.10.2024
BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less than 30% of payments among member states, signaling a strategic shift to reduce dependency...
BBVA to Launch Visa-Backed Euro-Pegged Stablecoin Next Year
5.10.2024
BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch...
UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings
1.10.2024
Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies...
Societe Generale Forge partners with Bitpanda for euro stablecoin ahead of MiCA
25.9.2024
The partnership comes shortly ahead of the implementation of the MiCA regulatory framework for crypto service providers
Societe Generale Forge partners with Bitpanda for euro stablecoin ahead of MiCA
25.9.2024
The partnership comes shortly ahead of the implementation of the MiCA regulatory framework for crypto service providers
Societe Generale Forge partners with Bitpanda for euro stablecoin ahead of MiCA
25.9.2024
The partnership comes shortly ahead of the implementation of the MiCA regulatory framework for crypto service providers
SocGen's Crypto Unit Takes Euro Stablecoin to Solana After Flopping on Ethereum
20.9.2024
Stablecoins are becoming systemically important to the global financial economy, Bernstein wrote in a recent report
BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official
17.9.2024
BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without relying on currencies used as political tools...
Ripple Partners With Digital Euro Association for Euro CBDC
11.9.2024
Ripple, has partnered with the Digital Euro Association (DEA- a Frankfurt-based company specializing in CBSCs, stablecoin, and crypto…
Mastercard Unveils Crypto-Euro Debit Card with Mercuryo!
5.9.2024
Mastercard and Mercuryo, two well-established payment networking companies, have come together to work in unison and have announced…
UBS Predicts Further Weakening of US Dollar
31.8.2024
UBS predicts further depreciation of the U.S. dollar due to narrowing interest rate differentials, ongoing U.S. fiscal deficit concerns, and a shift in global central bank strategies. Despite a brief rally, UBS has downgraded the U.S. dollar to its Least Preferred status, while upgrading the euro...
Circle’s Euro-Pegged Token EURC Surpasses €50 Million Market Cap
20.8.2024
EURC, a Euro-pegged stablecoin by Circle, the issuer of USDC, has reached a market cap of over €50 Million ($55.37 million). According to Patrick Hansen, Circle’s Senior Director, EU Strategy & Policy, the stablecoin has experienced significant growth, registering a 36% increase in...
Privacy Concerns Worry Germany About the Possible Implementation of a Digital Euro
19.8.2024
While the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about the privacy aspects of this implementation, as most transactions and payments are still made using cash...
Privacy Fears Undermine Support for Digital Euro in Germany
18.8.2024
Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel...
Anchored Coins warns of potential issues for AEUR amid FlowBank collapse
15.8.2024
The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank's bankruptcy in June
$2.3 Billion in Dollar, Euro Bills Shipped to Russia Despite Ban
14.8.2024
Despite Western restrictions imposed after Russia invaded Ukraine, billions of dollars and euros in banknotes have flowed into the country. This suggests that Russia has found ways to circumvent these restrictions. Despite official efforts to reduce reliance on foreign currency, Russian citizens...
Euro stablecoin market surges under MiCA
6.8.2024
French and Irish fintech companies have partnered to introduce a euro-backed stablecoin. The coin will launch on the Stellar blockchain a month after MiCA stablecoin laws were enacted
Digital euro to be ‘most private electronic payment option’
30.7.2024
Since the inception of the digital euro, many critics have called the proposed digital currency a surveillance tool