ECB Chooses Amazon and 4 Other Companies to Help Develop Digital Euro
The European Central Bank (ECB) has selected five companies to help develop user interfaces for a digital euro. Each company will work with the ECB and focus on one specific…
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Amazon Is Testing Digital Euro Prototypes
The European Central Bank (EBC) has partnered with five companies, including Amazon, to test its digital euro. Digital Euro Testing Amazon is one of five companies testing a digital euro....
Amazon Contributing to EU’s Digital Euro Prototype Tests
The European Central Bank (EBC) has partnered with five companies, including Amazon, to test its digital euro. Digital Euro Testing Amazon is one of five companies testing a digital euro....
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped…
Eurozone Inflation Taps Highest Rate Ever Recorded Reaching 9.1%, as Nord Stream, Gazprom Halt Gas Supplies
The Eurozone’s inflation rate reached a record high in August of 9.1%, the highest ever recorded in history, according to Europe’s statistics office Eurostat. The rate was higher than economists…
ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation
According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her…
CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible
Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according to the European Central Bank (ECB). In a new report,…
Ethereum’s bearish U-turn? ETH price momentum fades after $1.6K rejection
Ether risks falling further below $1,350 in August as the ETH price rally is losing steam.
ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto
Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making…
ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi).…