Queen Máxima of the Netherlands comes out in support of digital euro
"Let us envision that better future and build a digital euro that works for all Europeans," said the queen in virtually addressing members of the European Commission.
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Bitcoin is cooling its rally — Here are the BTC price levels to watch next
Bulls have a lot of work left to do, say Bitcoin analysts as consolidation enters for BTC price.
ECB Raises Benchmark Rate by 75bps and Tones Down Long-Term Refinancing Operations
On Thursday, the European Central Bank (ECB) announced the central bank’s third consecutive benchmark bank rate increase this year, raising the rate by 75 basis points (bps). In addition to…
FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around…
How Central Banks Will Be Forced to Print Money Again: Arthur Hayes
Arthur Hayes – co-founder of the crypto trading platform BitMex – published a lengthy blog post on Thursday arguing that central banks will be forced back into “money printing” due…
ECB reports on digital euro validation, privacy one year into investigative phase
The ECB’s two-year investigative phase is halfway completed, with key use and policy issues clarified; more stakeholder engagement is planned before the decision is made to proceed.
Crypto startup to save iconic fiat money sculpture with 1M euros in funding
The crypto industry is coming to save the troubled “Euro-Skulptur” monument in Frankfurt after traditional banks refused to support the symbol of eurozone decision-making.
Fed Chair Powell Sees ‘Real Need’ for More Appropriate Defi Regulation Citing ‘Very Significant Structural Issues’
Federal Reserve Chairman Jerome Powell says decentralized finance (defi) has “very significant structural issues,” emphasizing a “real need” for more appropriate regulation of the defi ecosystem. Fed Chair Jerome Powell…
ECB should have DLT wholesale settlements when the market wants it, official says
Executive board member Fabio Panetta says it would undermine financial stability if the ECB were unprepared to use distributed ledge technology, but that’s the best he can say for it.
Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’
On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S.…
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