Euro Financial News

05.06 / 05:59

CBDC Euro Half of Germans Open to Using Digital Euro, Despite Limited Awareness

Despite limited awareness and understanding, half of the German respondents have expressed openness to using the digital euro as an additional payment option.

05.08 / 11:29

Stablecoin Europe Euro Next Generation Partners with Decta to Launch Euro-Pegged Stablecoin EURT

Next Generation has partnered with Ireland’s electronic money institution Decta to spearhead the launch of a stablecoin pegged to the Euro with ticker EURT.

20.12 / 20:38

Stablecoin Euro Iron Bank Euro’s Stablecoin Crisis: No Clear Path to Repeg After 60% Value Drop

Iron Bank Euro (IBEUR), a low-cap alternative stablecoin, has found itself in the midst of a crisis with no immediate route back to its stablecoin peg after experiencing a sharp 60% drop in value on Monday.

06.12 / 10:53

Stablecoin BitStamp Euro SocGen’s Own Stablecoin Set to Debut Trading on Bitstamp Exchange

French banking giant Societe Generale is listing its stablecoin, dubbed EUR CoinVertible, on the Luxembourg-based Bitstamp crypto exchange.

22.11 / 13:33

Blockchain Adoption Europe European Union Euro Belgium seeks to reboot EU blockchain infrastructure project

According to the country's government, Belgium plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union in early 2024.

16.11 / 17:31

Adoption regulation Europe European Union Euro Bitcoin German parliament member ’staunch opponent’ of digital euro, all in on Bitcoin

The European Union has been actively preparing for what it envisions as the future of money. In the past year, it finalized its landmark comprehensive crypto legislation, the Markets in Crypto-Assets Regulation (MiCA), which is due to take effect in 2024 after closing its second consultation in October.

07.11 / 20:15

Stablecoin Euro seed funding Euro Stablecoin Startup StablR Secures €3.3 Million in Seed Funding

StablR, a euro stablecoin startup that began operating just over a year ago, has successfully raised €3.3 million ($3.5 million) in a seed funding round.

06.11 / 14:19

Crime Euro BaSe Today in Crypto: US Treasury Sanctions Crypto-Using Russian Money Launderer, Northern Data Expects Loss and May List Cloud Unit

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

01.11 / 10:21

CBDC regulation Europe European Union Euro Survey: 65% of Spaniards aren’t interested in using digital euro

As the Bank of Spain embraces the potential adoption of a digital euro, the country’s population doesn’t appear to have the same strong appetite for the European Central Bank’s digital currency project.

25.10 / 11:19

CBDC Adoption regulation Europe European Union Euro Bank of Spain Bank of Spain embraces ‘digital euro,’ explains its benefits

Banco de España, Spain’s central bank, has joined a chorus of European banking institutions preparing their customers for the potential benefits of a digital euro. The central bank published a short text on Oct. 19 explaining the nature and uses of the European Union’s potential central bank digital currency (CBDC).

20.10 / 18:09

business Binance Payments VISA Europe European Union Euro Binance shutting down European Visa debit card in December

Binance Visa debit card services will close down in the European Economic Area (EEA) on December 20, according to an announcement by the cryptocurrency exchange on Oct. 20. Binance accounts will be unaffected.

20.10 / 09:53

CBDC regulation Europe European Union Euro EU data protection regulators urge anonymity for smaller transactions in digital euro

On Oct. 18, the European Data Protection Board and the European Data Protection Supervisor issued a joint statement on regulating a digital euro, as proposed by the European Commission in July 2023. The regulators made several recommendations to enhance the personal data protection standards for the European Union central bank digital currency (CBDC).

20.10 / 07:07

Binance Europe Euro services Binance Announces Alliance With Fiat Partners to Offer EUR Services – Here’s the Latest

Crypto behemoth Binance has introduced new fiat alliances to provide Euro transactions. The exchange confirmed that the initiative has commenced and users have already migrated to the new services.

20.10 / 04:49

business Binance regulation Europe European Union Euro services Crypto exchange Binance restores euro services after new fiat partners

Crypto exchange Binance has announced it has onboarded new partners to handle euro deposits and withdrawals, months after losing its previous fiat partner PaySafe in September.

19.10 / 12:39

CBDC Digital Currency regulation Europe European Union Euro ECB officials move to 'preparation phase' for digital euro

The governing council of the European Central Bank (ECB) has announced it will begin the ”preparation phase” for the digital euro project following a two-year investigation.

19.10 / 12:39

CBDC Adoption regulation Europe European Union Euro Finland works on instant payments system, embraces digital euro

The Bank of Finland (BOF) is coordinating the creation of a Finnish instant payment solution compatible with European standards. Tuomas Välimäki, BOF board member and member of the Governing Council of the European Central Bank (ECB), made the announcement on Oct. 19.

29.09 / 19:15

CBDC Adoption Digital Currency Europe European Union Euro Georgia preparing limited live CBDC pilot, considering Ripple among tech providers

The National Bank of Georgia (NBG) has announced that it will advance its research on a digital lari central bank digital currency (CBDC) in a limited-access live pilot environment. Nine companies, including Ripple Labs, will take part in the project, and one of them will be selected to move forward to the next stage of testing.

28.09 / 06:45

Binance Euro end Binance Asks Paysafe Users to Convert EUR Balances to USDT by End of October

Binancehas asked Paysafe users to convert their euro balances to USDT by the end of October as the payments provider has stopped processing euro deposits for the exchange's users.

28.09 / 05:45

Binance regulation Europe Euro Binance urges users to convert Euros to USDT after Paysafe debank

Crypto exchange Binance has urged users to convert their Euros into Tether (USDT) before the end of October, after losing the support of its banking partner.

26.09 / 18:54

Blockchain Ethereum Stablecoin defi Europe European Union Euro Circle launches native euro stablecoin on Stellar

Stablecoin issuer Circle has launched a Stellar network version of its euro-backed stablecoin, EURC, according to a Sept. 26 announcement. EURC was previously only available on the Ethereum and Avalanche networks.

20.09 / 21:59

CBDC regulation Europe European Union Euro International Financial International financial group finds gaps in digital euro legislative package

The Institute of International Finance (IIF) has published an assessment of the European Commission’s proposed legislation on the digital euro. It gave the bill middling marks.

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