Ever since Facebook, now Meta, launched the Libra (Diem) project in 2019, in partnership with twenty or so other companies, including MasterCard and Visa, nation-states worldwide have been in a hurry ...
Tag: Euro
EU finance chief says digital euro bill coming in early 2023
The European Commission has announced that a bill for a digital euro will be proposed in 2023. As first reported by Politico, EC finance chief Mairead McGuinness officially disclosed the EU’s formal c...
European Union to Consider Digital Euro Legislation by Next Year: Report
In brief The European Union has been talking about central bank digital currencies for some time now. Yesterday, the EU finance chief said that early next year a bill for a digital euro would be propo...
EU Considering Digital Euro Legislation for 2023
Share this article The European Commission is aiming to create a legal framework for issuing a digital euro. Digital Euro May Get Green Light Next Year The EU may get a digital euro one day, but it wi...
Digital euro legislation planned for next year, EU official says
advertisement The European Union is set to formally consider legislation around a digitized euro in 2023. A senior official from the European Commission announced the move Wednesday, which was first r...
Eurex Reports Record Volumes in Euro Clearing during January
A leading international derivatives exchange and a member of the Deutsche Börse Group, Eurex reported its volumes for January 2022 today and saw an increase in overall activity across different produc...
US Job Data Boosts Dollar’s Rebound, Causes Euro to Dip
The week started with the US data jobs hitting the market. As expected, the release affected the market, boosting the US dollar’s rebound and the euro’s fall. The primary reason behind the outcome lie...
Will Inflation Led To Unrest?
The Execution of Louis XVI in the Place de la Revolution on 21 January 1793, 1790s. Found in the … [+] collection of Musée Carnavalet, Paris. (Photo by Fine Art Images/Heritage Images/Getty Imag...
Euro Has Explosive Week
The Euro has rallied rather significantly during the course of the trading week, reaching towards the 1.1450 level. Having said that, we have not broken above the psychologically important 1.15 handle...
Here’s why the euro is surging and what to expect next
The euro is on track for its best day in months as investors react to the hawkish comments by Christine Lagarde. The EUR/USD jumped by more than 1.20% and reached its highest level since January 14th....
Euro Spikes Against The Dollar as Lagarde Hints at Tightening – Trustnodes
The European Central Bank (ECB) has kept interest rates at zero but Christine Lagarde, ECB’s president, said there was “unanimous concern” among policy makers about inflation. “Compared with our expec...
EUR/USD: Here’s why the euro is surging this week
The EUR/USD pair rose for the third straight day as investors reacted to the latest Eurozone consumer inflation data. The pair rose to a high of 1.1312, which is about 1.70% above the lowest level in ...
Bulgaria Won’t Waver on Euro Adoption, Finance Chief Says
Vassilev says Bulgaria to become euro part on Jan. 1, 2024 Bulgaria is unlikely to become a major hub for crypto miners Bulgaria to investigate crypto installment component, serve says Assen Vassilev,...
How a Russian invasion of Ukraine could trigger market shock waves
The threat of a devastating European ground war hasn’t done much to rattle financial markets so far, but investors still appear likely to snap up traditional safe-haven assets should Russia attack Ukr...
European bridge between Crypto and the Euro launched
The largest crypto exchange BitMEX is buying one of Germany’s oldest banks. This means that the European Union must more intensively introduce blockchain technology into the continent’s traditional ec...
Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates – Economics Bitcoin News
The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepare...
Corrado Passera: digital euro to avoid being left behind
Corrado Passera is calling for a digital euro to be introduced as soon as possible in order to guarantee the European Union not only its monetary sovereignty, but also to maintain its leading role wit...