Polygon Labs announced the launch of EUROe. EUROe is a new digital euro on the GEN-X network. The digital euro will aid the enterprises in the ecosystem to make lighting speed transactions. Polygon La...
Tag: Euro
EU Merchants Could Be Required to Accept Digital Euro, Ministers Told
Legal tender status “would imply a legal obligation for (certain) payees to accept payments in digital euro … thereby increasing its network effects, and potentially affecting its distribution,” said ...
Investigation Phase Of Digital Euro To End In Autumn Of 2023
Advertisement     Supervised intermediaries like banks and payment service providers would facilitate the distribution of a digital euro. This is according to Fabio Pa...
EUR/USD Forecast – Euro Sits On the 200-Day EMA
EUR/USD Forecast Video for 10.03.23 Euro vs US Dollar Technical Analysis The Euro initially tried to rally during trading on Thursday but gave back early gains to show signs of hesitation. Ultimately,...
Crypto.com’s Future in Jeopardy Amid Euro Banking Woes
Crypto.com struggles to provide Euro banking services to EEA users amid digital asset crises. Crypto.com also previously lost the ability to accept USD deposits. The firm allows consumers to purchase ...
EUR/USD Forecast – Euro Pulls Back Again
EUR/USD Forecast Video for 08.03.23 Euro vs US Dollar Technical Analysis The Euro initially tried to rally during the trading session on Tuesday but gave back gains near the 1.07 level. The 1.07 level...
Stablecoins have plentiful machine-payment use cases in absence of euro CBDC: Report
Europe could lead the world in developing the Internet of Things (IoT) by harnessing the potential of stablecoins, the Digital Euro Association argues in a new report. Machine-to-machine (M2M) payment...
European Central Bank chief economist Lane says rate rises will continue after March
Philip Lane, the chief economist of the European Central Bank, said interest-rate rises will have to continue beyond the March meeting, when a 50 basis point rate hike is seen as almost 100% certain. ...
Euro zone prices dip to 8.5% as ECB flags rate hiking not over.
All eyes on the latest inflation numbers out of the euro zone as market players consider what the ECB will do next. Bloomberg | Bloomberg | Getty Images Inflation in the euro zone eased slightly in th...
Coinbase Adds Circle Issued Euro Coin (EUROC) Stablecoin
Exchange News The EUROC was added to the exchange’s listing roadmap earlier this month. Circle has launched a stablecoin which is pegged in value to the Euro at a 1:1 ratio. The Euro-backed stablecoi...
Euro Area’s Core Inflation Problem to Come to the Fore
(Bloomberg) — Fresh data from the euro zone are set to highlight why European Central Bank officials are hanging onto their hawkish tone, even as the region’s worst-ever spike in prices recedes....
ECB Says Digital Euro Should Focus on Online Payments First & Onboard Other DeFi Functionality Later
Although yet to decide on a digital euro, the ECB already believes the CBDC should prioritize online payments and peer-to-peer transactions. According to the European Central Bank (ECB), the upcoming ...
EUR/USD Weekly Forecast – Euro Gets Waxed
EUR/USD Forecast Video for 27.02.23 Euro vs US Dollar Weekly Technical Analysis The Euro has fallen rather hard during the course of the trading week, breaking below the 50-Week EMA. At this point, it...
ECB plans prioritizing P2P and online payments in digital euro rollout
The European Central Bank (ECB) has recently declared that its digital euro enrollment should prioritize e-commerce and person-to-person payments, with remaining use cases to follow in the second phas...
EUR/USD Forecast – Euro Continues to Look at Support
EUR/USD Forecast Video for 24.02.23 Euro vs US Dollar Technical Analysis The Euro has gone back and forth during the trading session on Thursday, as we continue to hang around the 1.06 level. The 1.06...
Circle Euro Stablecoin Finally Gets A Run On Coinbase
Coinbase, one of the largest centralized crypto exchanges in the world, is adding Circle’s euro-pegged stablecoin (EUROC) to its token roster. EUROC is a stablecoin issued by Circle pegged one-to-one ...
EUR/USD Forecast – Euro Threatening Support
EUR/USD Forecast Video for 23.02.23 Euro vs US Dollar Technical Analysis The Euro has gone back and forth during the trading session on Wednesday, as we are sitting just above the 1.06 level. The area...
Ethereum adds support for Euro Coin [EUROC]: All you need to know
Circle rolls out new Euro-based stablecoin as an ERC20 token on Ethereum. Ethereum’s on-chain metrics rose as a result of the announcement. The Ethereum [ETH] network just added support for another st...
Euro-backed stablecoin, Euro Coin set to trade on Coinbase
Support for Euro Coin (EUROC), a euro-backed stablecoin, will go live on Coinbase in regions where trading is supported, the exchange said on Twitter. Trading is slated to begin on or after 9 a....
EUR/USD Forecast – Euro Continues to Hang Around Support
EUR/USD Forecast Video for 21.02.23 Euro vs US Dollar Technical Analysis The Euro has done very little during the trading session on Monday, as we continue to see a lot of hesitation around the 50-Day...
Euro Area Braces for Era of Central-Bank Losses After QE Binge
(Bloomberg) — The euro area’s central banks will disclose their first significant losses from a decade of money printing in the coming weeks, heralding a new era of scrutiny and the prospect of ...
Euro Stoxx 50 index outlook as European stocks rally gains steam
The Euro Stoxx 50 index is having a good year as investors bet on a strong recovery of the European economy. The index, which is made up of the biggest public European companies, rose to a high of €4,...
Not So Fast, Euro Major BP Reconsiders Pace Of Energy Transition
BP announced it had reconsidered its ambitious zero carbon goals after rising oil prices delivered … [+] strong second-quarter profits. (Photo by Matt Cardy/Getty Images) Getty Images How much c...
EUR/USD Forecast – Euro Starts to Fall Again
EUR/USD Forecast Video for 08.02.23 Euro vs US Dollar Technical Analysis The Euro initially tried to rally a bit during the trading session on Tuesday, but then rolled over to show signs of weakness a...
Why the 2023 stock market rally might depend on the U.S. dollar
The U.S. dollar may be losing its appeal as one of the few reliable safe-haven assets in times of economic and geopolitical uncertainty after an 18 month rally, and a further fall by the currency coul...
EUR/USD Weekly Forecast – Euro Gets Turned Around
EUR/USD Forecast Video for 06.02.23 Euro vs US Dollar Weekly Technical Analysis The Euro has rallied early during the week but gave back gains as we ended up forming a massive shooting star. Ultimatel...
Finnish Fintech Company Launches Euro Stablecoin on Ethereum
The company claims EUROe is the first regulated stablecoin in Europe. According to a recent announcement, Membrane Finance, a Finnish fintech company, has launched a fully-reserved euro stablecoin on...
Finnish firm launches fully-backed and regulated Euro stablecoin
Enabling near-instant payments at a fraction of cost, the EUROe stablecoin is the first such to be regulated as an electronic money institution across Europe. On Thursday, Helsinki-based fintech compa...
EUR/USD Forecast – Euro Gives Up Early Gains
EUR/USD Forecast Video for 03.02.23 Euro vs US Dollar Technical Analysis The Euro initially shot higher during the trading session on Thursday but gave back gains rather quickly. By doing so, it shows...
Bitstamp Now Offers Euro IOU Services on the XRP Ledger
12 hours ago | 2 mins read Blockchain News Customers of Bitstamp may now use XRP Ledger for EUR transfers. An IOU is a token on the XRP Ledger that represents ownership of an underlying asset. Support...
Euro Zone Economy Pops Higher Than Expected in Q4 2022
Despite surpassing expectations in 2022 Q4, some economists are projecting that the euro zone could transit into a recession later this year. The euro zone economy report for 2022 Q4 came in better t...
Euro zone GDP Q4 2022
The latest euro zone growth numbers are out as the ECB considers what to do next. Nurphoto | Nurphoto | Getty Images The euro zone beat expectations on Tuesday by posting positive growth in the final ...