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euro

MetaZone secures funding03

14 Jun 23

EU firms up plans for introduction of digital euro

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The European Union’s executive branch is set to propose a plan for a digital euro, mandating the ECB to establish usage regulations. The European Union’s executive branch is preparing to introduce a plan for a digital euro. This plan, which is […]

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25 May 23

Crypto.com lists euro pairs for bitcoin, ethereum traders

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto.com, a popular cryptocurrency exchange, is listing the Euro and pairing it with several crypto assets, according to an update on May 24. The exchange is taping into Euro’s liquidity, enabling the trading of bitcoin (BTC), ethereum (ETH), and USDT. Euro […]

INTOverse Achieves Remarkable Milestone04

25 May 23

Euro coin (EUROC) now live on the Avalanche blockchain

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Stablecoin issuer Circle has introduced euro coin (EUROC) on the Avalanche network, marking the second blockchain to support the asset. EUROC, backed by the euro at a 1-1 ratio, offers developers another avenue to serve users through integration into decentralized applications […]

Blockchain Week Rome03

26 Apr 23

ECB approves third digital euro design options set

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The European Central Bank (ECB) released its third progress report on the digital euro today, along with the findings of focus groups commissioned to gather people’s views on the features of a potential digital wallet. The announcement presents a third set […]

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25 Apr 23

Digital euro to complement cash, privacy challenges addressed

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Fabio Panetta, European Central Bank (ECB) board member, assures the digital euro will enhance existing cash options while tackling privacy concerns amidst the need for security in the evolving financial landscape. In a recent gathering of the European Parliament’s Committee on […]

Silicon Valley Bank1

22 Apr 23

Societe Generale’s crypto division launches euro stablecoin amidst criticism from Stasis CEO

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied STASIS CEO comments on the launch of Societe Generale’s competing stablecoin EUR CoinVertible, questioning its viability due to the “single point of failure” problem. Societe Generale’s Crypto Division, SG-FORGE, has announced the launch of EUR CoinVertible, a euro-denominated stablecoin, which aims […]

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21 Apr 23

New euro stablecoin receives backlash from crypto community

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A new euro-pegged stablecoin introduced in France has received negative feedback from several industry experts, but the general public is still waiting to get their hands on it. On April 20, the Ethereum-based stablecoin known as EUR CoinVertible (EURCV) was introduced by the […]

European Union

17 Jan 23

EU finance ministers’ group state political aspects of digital euro

The Eurogroup reaffirmed its support for digital euro research but underlined that some of the design and application features under consideration would necessitate political decisions. Following a meeting in Brussels, the eurozone finance ministers issued a statement on the launch of the digital euro. According to the report, Eurogroup meets regularly to examine the political […]

European Union

21 Dec 22

Private banks to manage future digital euro transactions

The European central bank (ECB) wants intermediaries, like payment service providers and credit institutions, to be responsible for digital euro transactions. European Union joined an extensive list of countries willing to launch their central bank digital currencies (CBDCs). The ECB’s latest report reveals that EU leaders will decide the digital euro’s final destiny after October […]

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