Search

Nalezeno "The euro": 678

China Takes Another Step Away From USD Hegemony


The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...

European Central Bank’s CBDC Borrows Bitcoin’s Pseudo-Anonymity


On December 17, the European Central Bank (ECB) published a report that showcased its blockchain technology proof-of-concept. One particular feature the central bank digital chain holds is the ability to issue “anonymity vouchers.” Also read: Lagarde Sees Demand for Stablecoins, Plans...

German Banks Increasingly Charging Retail Clients Negative Interest Rates


A growing number of banks in Germany are charging retail customers negative interest rates, starting with the very first euro deposited into their accounts. At least three German banks are reportedly doing so, with more expected to follow suit in the near future. As the European Central Bank...

ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy


European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in the euro.” Schnabel...

Neufund Aids Greyp Bikes to Pool 1.44m Euro via Equity Token Offering


The globally reputed blockchain-supported fundraising platform Neufund has broadcasted important news about the successful completion of equity token offering or ETO by Croatian automobile firm Greyp Bikes. Taking pride in being an affiliate of Rimac Automobili, the manufacturer of the world’s most...

German Banks Make a Pitch for Government-backed Crypto-based Digital Euro


The Association of German Banks “Bankenverband,” released a position paper titled, “German banks say: The economy needs a programmable digital euro!” on October 30, 2019, which calls for the creation of a government-approved digital euro and rejection of decentralized cryptocurrencies....

Major German Stock Exchange Group Launches Crypto Trading


Boerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker. Also read: Indian...

How Cryptocurrencies Can Mitigate Some of Brexit’s Negative Effects


Brexit, the European divorce saga that has been going on for years, has created a lot of headaches for politicians and ordinary people on both sides of the Channel. The process of Britain leaving the European Union is now heading towards another one of its deadlines while London and Brussels...

Here’s How Europeans Can Deal With Negative Interest Rates


Low and negative interest rates have been a burden for account holders across Europe for some time. And it’s only getting worse, as the European Central Bank just announced a new rate cut to a record low of -0.5%. Private and corporate customers in many countries on the continent don’t...

Nahoru
Tento web používá k poskytování služeb a analýze návštěvnosti soubory cookie. Používáním tohoto webu s tímto souhlasíte. Další informace