#euro
44 articles found
Latest
Grab Your Virtual Seat to Cheer on Ukraine’s National Team!
On March 26, Ukraine's national football team faces a pivotal match in the Euro 2024 qualifiers against the winner of Israel vs. Iceland. The match is in Wrocław, Poland, but you can catch the action from anywhere on the globe or even beyond.
The proposal to create a digital Euro by the European Union is facing academic skepticism, with some specialists forecasting its doom from the get-go.
Two economists from the University of Bern, Cyril Monnetm and Dirk Niepelt, have cited preset storage limits for users as a primary concern.
They also flagged the possible disinterest of banks in the digital Euro's success if it doesn't lead to significant revenue. Without the backing of commercial entities, they believe, widespread adoption might remain a distant dream. ECB Official Panetta Casts Doubt on the Future of Digital Euro
Some members of the European Parliament and numerous public representatives increasingly question the necessity of implementing a digital euro across the European Union. Protests against the introduction of the Central Bank Digital Currency (CBDC) periodically occur in various European countries. ECB representatives also harbor certain doubts. Montenegro Explores Digital Currency with Ripple Collaboration
Montenegro's Central Bank has forged a partnership with Ripple to examine the potential for a Montenegrin digital currency, which may take the form of a central bank digital currency (CBDC) or stablecoin. Although not a member of the Eurozone, Montenegro adopted the euro as its official currency in 2002.
Fabio Panetta, a member of the board of the European Central Bank, said that the digital euro does not involve the ability to set limits on how funds can be spent.
This is one of the main concerns in society regarding the proliferation of Central Bank Digital Currencies (CBDCs), since today's technology will allow it to happen.
Well, we'd like to believe... But today it's one thing, and tomorrow another.
Mairead McGuinness, the European Commissioner for Financial Services, believes there's no need to rush the launch of a digital euro before the next EU elections in June 2024. She advises the next EU Commission to take a careful and measured approach to the CBDC rollout. Furthermore, McGuinness mentioned that the European Central Bank will finalize its stance on the project this coming October. Lead the Pack with EURS: STASIS Pioneering EU Stablecoin
STASIS (EURS) is a blockchain platform headquartered in Malta that facilitates asset tokenization. EURS, a stablecoin, provides feeless transactions on the Ethereum network. With a 1:1 peg to the Euro, it holds a solid position as a Euro-backed digital asset. More information is on the website. Slovakia Opposes Digital Euro Dominance
The European Central Bank's ambiguity regarding the implementation and circulation of the digital euro has spurred Slovakian legislators to take preemptive action. Slovakia's Parliament has ratified a constitutional amendment, reinforcing the right to transact with physical euros for goods and services within the nation's borders. An overview of EUR & CHF stablecoins
All traders are familiar with stablecoins pegged to the US dollar, which dominate the cryptocurrency market. However, some traders may prefer to trade stablecoins that are pegged to other currencies, such as the euro or Swiss franc. Let's go over the types of these assets and the exchanges where they can be found. 









