Eu Financial News

03.02 / 03:05

Digital digital euro ECB contemplates development of basic digital euro app

At the same time, the app would respond to the preferences of certain end users who have called for an independent access channel in which basic functionalities are available, as expressed by consumer’s associations and market surveys. "The app would ensure that no matter where you travel in the euro area, the digital euro would always be recognised and you would be able to pay with it," says Panetta.

03.02 / 00:31

Government Stablecoin Adoption defi regulation Europe Euro approved Euro stablecoin launched in Finland, claims to be first approved in the EU

Finnish company Membrane Finance has released a fully-reserved stablecoin backed by the euro, according to a Feb. 2 blog post from the company. The company is licensed by the Finnish Financial Supervisory Authority (Fin-FSA) and claims that the new ”EUROe” coin is “the first and only EU-regulated crypto stablecoin.”

02.02 / 21:59

Cooper Deal Global Minimum Tax Deal Advances With Partial Reprieve for U.S.-based Companies

WASHINGTON—The U.S. prodded other major countries to agree to a coordinated global corporate tax increase. Now, international officials are moving ahead with their tax increases while giving U.S. companies a temporary break from some tax hikes in hopes of prompting the U.S. to implement the deal.

02.02 / 16:47

Forced EU clearing could damage capital markets, industry groups warn

Four trade associations have warned new rules forcing euro-denominated products to be cleared through Europe could damage capital markets.

02.02 / 15:59

COST UPS week Economy Week Ahead: U.S. Interest Rates, Labor Market in Focus

The Labor Department releases its employment-cost index for the fourth quarter, which captures employers’ labor costs by measuring wages and benefits paid to workers. Wage gains have been historically strong, fueling but not keeping pace with inflation.

02.02 / 15:59

COST Eurozone’s Economy Outpaced China and U.S. in 2022

The eurozone economy grew faster than China and the U.S. last year, underlining how the fading Covid-19 pandemic continues to scramble traditional patterns of global growth.

01.02 / 19:03

OPEC+ Ministers Stick to Cutting Plan Amid Oil-Demand Uncertainty

A panel of OPEC+ energy ministers Wednesday said the group of petrostates would continue cutting oil production, amid uncertainties about demand in China and the impact of sanctions on Russian crude supplies.

01.02 / 17:57

COST Eurozone’s Economy Outpaced China and U.S. in 2022

The eurozone economy grew faster than China and the U.S. last year, underlining how the fading Covid-19 pandemic continues to scramble traditional patterns of global growth.

01.02 / 16:03

OPEC+ Ministers Set to Stay the Course on Oil Production Amid China Covid Woes

An OPEC+ panel will likely recommend keeping the group’s current oil-production policy unchanged Wednesday, delegates said, amid uncertainties about demand in China and the impact of sanctions on Russian crude supplies.

01.02 / 15:29

COST UPS week Economy Week Ahead: U.S. Interest Rates, Labor Market in Focus

31.01 / 19:35

COST UPS week Economy Week Ahead: U.S. Interest Rates, Labor Market in Focus

31.01 / 13:35

COST Eurozone’s Economy Outpaced China and U.S. in 2022

The eurozone economy grew faster than China and the U.S. last year, underlining how the fading Covid-19 pandemic continues to scramble traditional patterns of global growth.

31.01 / 04:47

COST UPS week Economy Week Ahead: U.S. Interest Rates, Labor Market in Focus

30.01 / 21:35

Stablecoin CBDC Adoption Central Bank ECB Montenegro's central bank teams up with Ripple on digital currency pilot project

Montenegrin Prime Minister Dritan Abazović has announced on Twitter that his country is pursuing a digital currency in conjunction with Ripple. Abazović met with Ripple CEO Brad Garlinghouse and vice president James Wallis at Davos.

30.01 / 20:59

Government Law NFT Europe European Union UK government Opinion: Should Bored Ape buyers be legally entitled to refunds?

Should people who purchase nonfungible tokens (NFT) be entitled to refunds if they decide they don’t like their digital pictures? Some Europeans are beginning to make that case under a 25-year-old law.

30.01 / 18:49

Provident Microchip Russia Boosts China Trade to Counter Western Sanctions

Trade between China and Russia boomed last year, providing a lifeline to Russia’s beleaguered economy and showing the limits of Western sanctions, according to a new report.

30.01 / 15:17

COST UPS week Economy Week Ahead: U.S. Interest Rates, Labor Market in Focus

30.01 / 01:25

COST UPS week Economy Week Ahead: U.S. Interest Rates, Labor Market in Focus

26.01 / 16:41

business Adoption Tether community United Nations Tether moves to combat child abuse content marketplaces

Tether aims to increase visibility and mitigate controls of cryptocurrency payments used in child abuse content marketplaces through a collaboration with INHOPE.

26.01 / 01:23

regulation Central Bank Ireland's Central Bank Governor calls for ban on crypto ads targeting young adults: Report

Gabriel Makhlouf, the governor of the Central Bank of Ireland, reportedly supports legislation which would ban advertising crypto projects to young people.

25.01 / 20:01

Binance SEC Legal USDC Today in Crypto: Digital Surge Saved from Bankruptcy Following FTX Collapse, Circle Blames US SEC for Failed Merger, Celsius Mulling Issuance of a New Token

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

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