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Forex Today: Euro, Havens Strong Amid Risk Aversion
21.12.2021
The euro was the standout performer on a largely facing risk that particular day which ordinarily favor conventional FX safe havens such the USD as well as JPY. After rebounding a supporting tool in the form of recent lows, the EUR/USD gained 0.4 percent but was unable to hold above the 1.1300...
Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial
9.12.2021
Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private firms....
Crypto Exchange Bitstamp Lists Shiba Inu as SHIB Adoption Grows
9.12.2021
Another major cryptocurrency exchange, Bitstamp, has listed shiba inu cryptocurrency. Bitstamp users will be able to trade SHIB against the U.S. dollar and the euro. The announcement came as more trading platforms are listing shiba inu and more stores are accepting the meme crypto for payments....
Central Banks of France and Switzerland announce successful trial of digital Euro, Swiss Franc
8.12.2021
Although the project was a success, the central banks warned that significant rulebooks, contingency procedures, and monitoring capabilities were needed to ensure the success of a CBDC
$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells
8.12.2021
During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere ten days, the stablecoin economy gathered another $11 billion in value with origin dollar and terra usd swelling significantly during...
Sčítání lidu, fotbalové Euro i bitcoiny. Google zveřejnil žebříček nejhledanějších výrazů za rok 2021
8.12.2021
V žebříčcích nejhledanějších výrazů za letošní na Googlu se stále výrazně umisťují covidová témata, lidé ale často hledali také informace o bitcoinech, volbách nebo oblíbených seriálech. Vyplývá to z tradičních žebříčků trendů za rok 2021, které zveřejnil Google
ECB Paper Marks Success Factors for CBDCs, Digital Euro
4.12.2021
A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that such projects entail, like the danger of crowding...
Eurosystem Approves New Oversight Framework Concerning Crypto Services
23.11.2021
The monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will complement upcoming EU regulations for cryptocurrencies and stablecoins. ECB Aims for Secure...
Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining
19.11.2021
The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining. The European Commission has revealed it is already working to promote a transition to “more...
FMFW.io Has Listed Audited Asset-Based Stablecoin – EURST
17.11.2021
PRESS RELEASE. EURST will be listed on fmfw.io starting November 17th. The Euro representative digital coin you can purchase with FMFW.io with BTC and ETH pairs. Introduction to EURST Stablecoins, which have arisen due to the digital world’s development, are secured with assets, thus...
Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says
7.11.2021
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European Central Bank. Panetta stressed that both this...
European Central Bank announces digital euro advisory group members
27.10.2021
The group consists of 30 high-ranking financial professional from organizations including BBVA, CRIF and Stripe, among other
ECB Appoints Advisory Group for Digital Euro Project
27.10.2021
The European Central Bank (ECB) has appointed an advisory group for the digital euro project. Called the Digital Euro Market Advisory Group, it was founded with 30 members from business backgrounds. The council will have a say in the design, distribution, and value that this new digital currency...
Pound and Euro Receive Focus on the Economic Calendar
25.10.2021
The economic calendar witnessed a quiet week as there were hardly any statistical changes in market dynamics. The price of the Aussie Dollar has increased to $0.7470, while the value of the Kiwi Dollar dropped to $0.7153. The price of the Japanese Yen fell by 0.05% against the price of the...
Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future
20.10.2021
Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dollar. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other currencies and even...
Bitcoin sees its highest ever daily close as BTC-Euro pair hits all-time highs
20.10.2021
Bitcoin seals new all-time highs against multiple major fiat currencies, but overall mainstream interest from consumers is still at rock bottom
BEUROP Launches DeFi Trading and Marketing Platform for Blockchain Startups
18.10.2021
PRESS RELEASE. Blockchain Euro Project BEUROP has announced the launch of its DeFi trading and Marketing platform for cryptocurrency startups and everyday users. Monday 18th, London, England — Following the launch of it’s deflationary BEPR token, Blockchain Euro Project (BEUROP)...
Dollar Close to 14-Month High Against Euro Amid Inflation Fear
7.10.2021
The US dollar recently came close to its 14-month high against the euro after energy prices surged. The surge came amid market worries about inflation while asking the Fed to normalize the policy quickly. The currency steadied around 1.1558 dollars per euro after establishing a grip at 1.1529...
Italian Payments Giant Nexi Involved in Digital Euro Project
24.9.2021
Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future of central bank digital currencies (CBDC)...
Law Decoded: Hodling like a state
13.9.2021
El Salvador's effects, Coinbase's woes, and the digital euro's prospects