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A recent report prepared by ECB officials found that cash has maintained its relevance even in the EU, with predictions of a cashless society failing to materialize. While cash usage…
In a recent blog post, Christine Lagarde, President of the European Central Bank, emphasized the need for Europe to strengthen three foundational pillars—geopolitical credibility, economic resilience, and legal and institutional…
The European Central Bank is racing toward the launch of a digital euro, driven by surging consumer demand and the need to unify Europe’s digital payment landscape. ECB Close to…
A recent report by the ECB confirms that gold, following a significant rally in 2024, has become the second-largest asset held by central banks as a reserve. However, the U.S.…
The latest report from the European Central Bank predicts that the digital euro will replace a portion of the banknotes in circulation, fundamentally reshaping how Europeans use money. Bank deposits…
Cryptocurrency analytics firm Elliptic has partnered with Monerium, a Reykjavik-based Electronic Money Institution (EMI), to enhance anti-money laundering (AML) and compliance measures for its EURe stablecoin. Monerium Taps Elliptic to…
According to a report, Eurozone economic ministers are not too keen on Trump’s friendliness toward cryptocurrencies and in their opinion the European Union needs to “prevent any initiative” from having…
Thousands of ultra-nationalist Revival party supporters in Bulgaria clashed with police while attempting to storm an EU mission building in Sofia, protesting the country’s planned euro adoption in 2026. The…
According to data released by SWIFT, the use of the euro as a settlement currency for international payments has fallen significantly. Its utilization share has decreased by 6.83% compared to…
BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in…