Euro News

The euro is the official currency for the 19 European countries of the Eurozone, along with another nine countries. The euro is the main competitor of the dollar and it has a leading position of being the one of the major reserve currencies. European banks use euro to raise funds in order to secure their core business. This fact makes the euro a funding currency. In terms of cryptocurrency, the euro is used as frequently as the dollar for conversion into digital currency and vice versa, that can be seen for the most popular requests in the Internet such as Euro to Bitcoin, Satoshi in Euro and so on. Besides that, the euro and blockchain technologies are connected, as many investments into these technologies are made in euro by European investors.

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The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking.

International financial group finds gaps in digital euro legislative package

2023-09-20T22:45:00+01:00

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Private payment services can gain a monopoly with no benefit to other market players or economic stability, ECB board member Fabio Panetta said.

Digital euro can ward off many private payment service ills — ECB official

2023-09-04T21:57:47+01:00

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Banco de España Deputy Gov. Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial service providers...

Spanish central bank official talks about private payment services in era of digital euro

2023-08-25T21:23:40+01:00

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According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.”

Crypto asset investment in Latvia declines by 50% over past year, per central bank

2023-08-04T21:00:00+01:00

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Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies.

Germany is dragging Europe’s economy down — and that’s great for crypto

2023-08-04T18:00:00+01:00

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Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC: It all looks rosy, he said.

Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity — Circle exec

2023-07-17T17:36:22+01:00

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German conglomerate Siemens was reportedly the first company to process euro-denominated payments using JPM Coin.

JPMorgan bank deploys JPM Coin for euro-denominated payments

2023-06-23T12:16:05+01:00

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François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages.

Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says

2023-06-22T21:15:00+01:00

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