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Nalezeno "EU euro": 956

Spanish central bank official talks about private payment services in era of digital euro

25.8.2023
Banco de España deputy governor Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial services providers

Ministry of Economic Development of Russia Pessimistic About Quickly Advancing BRICS Common Currency Proposal

25.8.2023
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 unlikely to happen during the ongoing BRICS summit...

BRICS Discussing Single Unit of Account, Alternative to Dollar, Russian Finance Minister Says

24.8.2023
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 example, but not a single currency like the euro...

SEPA-related Issues Affect Euro Withdrawals for Binance Cryptocurrency Exchange Customers in Europe – What's Going On?

22.8.2023
Binance cryptocurrency exchange customers in Europe reportedly encountered problems with fiat withdrawals due to Single Euro Payments Area (SEPA) transfer issues. In response to a complaint from a European user of Binance who asserted that they had recently purchased "a large sum of EUR" on...

Binance limits withdrawals in Europe, cites payment processor issues

21.8.2023
In a deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended EUR transactions through SEPA

Nobel Laureate Paul Krugman States Argentina Should Adopt the Euro Instead of the US Dollar

21.8.2023
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 the European Union as it does with the U.S., stating...

Crypto asset investment in Latvia declines by 50% over past year, per central bank

4.8.2023
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.”

Germany is dragging Europe’s economy down — and that’s great for crypto

4.8.2023
Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies

Eritrean President Isaias Afwerki: ‘We Need a New Financial Architecture Not Controlled by the Dollar or the Euro’

31.7.2023
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, on top of dollar hegemony, was printing money...

ECB Tightens Grip With 12th Consecutive Rate Hike; Lagarde Asserts ‘No Cuts’ Amid Lingering Inflation Concerns

27.7.2023
The European Central Bank (ECB) has raised the benchmark bank rates by 25 basis points (bps) citing that inflation was down but still remained “too high for too long.” When ECB president Christine Lagarde was pressed about cutting rates by reporters, Lagard insisted the central bank was “not going...

Former Central Banker Discusses How Chinese Yuan Could Become on Par With US Dollar

26.7.2023
A former central banker has explained that three conditions must be met for the Chinese yuan to become a currency on par with the U.S. dollar and the euro. Noting that the yuan is already the third-largest international currency after the USD and the euro, he emphasized that the Chinese...

Economist Analyzes Challenges of BRICS Currency Competing With US Dollar

26.7.2023
An economist has shared her analysis of how a common BRICS currency could compete with the U.S. dollar. “You need foreign exchange reserves and you need the trust of the investment community,” she explained, noting that the only country in the BRICS economic bloc to carry such a reserve...

Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience

25.7.2023
The stablecoin economy continues to shrink, with more than $3 billion in value removed from today’s top stablecoin valuations in less than 40 days. The dollar-pegged tokens USDP and GUSD experienced the largest 30-day reductions, shedding 45.1% and 27.2%, respectively. Top Stablecoins...

Čínská norma 6b je ještě přísnější než Euro 7. Začne platit ještě letos. Co to znamená pro český autoland?

23.7.2023
Státy Evropské unie se rozhodly, že prodej nových vozů se spalovacími motory skončí nejpozději v roce 2035. Ačkoli se v Česku jedná o velmi kontroverzní krok, v kontextu globálního trhu s novými auty pravděpodobně nebude mít tak velký význam. Stejně dopadne i nová emisní norma Euro 7. Za

Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec

17.7.2023
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC; it all looks rosy, he said

It's Time for a Euro Stablecoin

12.7.2023

Eurozone Inflation to Remain Higher Than 2% Target in Next 2 Years, ECB’s Lagarde Admits

9.7.2023
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 stable consumer expectations about rising prices...