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Sanctions Backfire: European Exporters Suffer More Than Russia

European sanctions against Russia are impacting small European exporters, particularly in Italy, more severely than Russia itself, according to Ferdinando Pelazzo, president of the Italian-Russian Chamber of Commerce. Small and…

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How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim

Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth…

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‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction

Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer…

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ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is Questionable

A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make…

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Privacy Fears Undermine Support for Digital Euro in Germany

Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a…

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Slovenia Launches First Digital Bond in EU Sovereign History

On July 25, 2024, Slovenia issued its first digital bond, marking a significant milestone as the first EU sovereign and one of the earliest worldwide to do so. The bond…

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Digital Euro Holding Limit: Debate Continues

The president of Germany’s central bank has highlighted the ongoing debate about the holding limit for the digital euro, Europe’s central bank digital currency (CBDC). He noted that recent Bundesbank…

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Study: Half of Surveyed Germans ‘Imagine Using a Digital Euro as an Additional Payment Option’

A new report has found that half of Germans who participated in a survey study can “imagine using a digital euro as an additional payment option.” However, the study also…

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