ECB defines digital euro standards to save 6 billion euros in bank costs
According to the recent speech by Cipollone, the European Central Bank plans to establish the digital euro standards this summer to facilitate its integration. This...
europe
ECB warns that 312 billion stablecoin adoption weakens traditional bank lending mechanisms
by Luis Malavé
The stablecoin adoption in Europe has reached critical milestones according to the working paper published by the European Central Bank this Tuesday. The organization warns...
European and Asian bank test blockchain to digitize trade between Shanghai and Hong Kong
by Luis Malavé
The Hong Kong Monetary Authority (HKMA) and Shanghai authorities have signed a landmark agreement to digitize cargo trade using distributed ledger blockchain technology. According to...
Guernsey authorities successfully seize 11.4 million dollars from the fraud of the Cryptoqueen Ruja Ignatova
Guernsey authorities recently confiscated more than eleven million dollars linked to the fraud of the Cryptoqueen Ruja Ignatova, according to the local newspaper Guernsey Press...
Europol Dismantles Massive 815 Million Dollar Scam Network in Europe
by Luis Malavé
In a striking blow against organized financial crime, Europol announced on Thursday the successful dismantling of an immense crypto fraud network. This coordinated international operation...
EU finance ministers back a framework to cap digital euro holdings
by Logan Pierce
The Finance Ministers of the European Union have agreed to set limits on individual holdings of the digital euro, giving the European Central Bank (ECB)...
Tether CEO Paolo Ardoino criticizes EU MiCA and flags potential impact on USDT in Europe
by Mason Clarke
Paolo Ardoino, CEO of Tether, criticized the European Union’s strategy on digital currencies and the MiCA framework. His stance exposes difficulties for the digital euro...
Young Platform Builds the First Crypto‑native Neobank in Europe: Conversation with its co-founder
The Young Platform is a crypto native neobank in Europe that combines payment accounts and cards with digital asset marketplaces within a MiCA framework. The...
Gemini Brings Wall Street to Europe with 14 New Tokenized Stocks
by jose
TL;DR Gemini has added 14 new tokenized US stocks, bringing its EU offering to 37 24/7 tradeable tokens, unlocking access to brands like Nike, McDonald’s,...
EU Markets Regulator Warns of Crypto’s Growing Financial Stability Risks
by jose
TL;DR Widening Risk Exposure: ESMA warns that the growing integration of crypto with traditional finance could trigger systemic issues if crypto prices decline sharply. Unpredictable...