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Crédit Agricole S.A. has launched a euro-backed stablecoin called EURXT and used it to settle the first subscription into a tokenized money market fund in Europe. According to the announcement…
Euro-denominated trading accounts for around 1% of Binance's spot volume, according to CryptoQuant data, as the exchange faces uncertainty ahead of MiCA's July 1 deadline.
The European Commission is seeking comment on how it can tweak MiCA, its regulatory framework for the crypto and blockchain industries.
Malta-based stablecoin issuer StablR suffered a security incident on Sunday, after an attacker exploited a weak multisig configuration to mint millions of unbacked EURR and USDR tokens and dump them…
25 additional banks have joined Qivalis, a European stablecoin initiative now backed by 37 financial institutions across 15 countries. The project reflects growing efforts by European lenders to build blockchain-based…
French Finance Minister Roland Lescure has called on European banks to aggressively develop euro-based stablecoins and tokenized deposits to challenge the overwhelming dominance of the U.S. dollar in digital payments.…
The ECB updates the Eurosystem repo facility for central banks (EUREP) to provide standing access against euro collateral, extending reach and flexibility. This lets foreign central banks more easily obtain…
The EU Council has agreed its negotiating stance on introducing a digital euro and reinforcing the legal tender status of cash. The Council of the European Union announced its position…
European Central Bank outlines comprehensive strategy for digital euro implementation, targeting first issuance by 2029 with pilot exercises beginning in 2027. The European Central Bank (ECB) announced its comprehensive digital…
Ten major european banks collaborate to develop regulated digital euro payment solution through newly established Qivalis entity. BNP Paribas has joined a consortium of ten European banks to launch a…