ECB Appoints Advisory Group for Digital Euro Project

digital EuroThe European Central Bank (ECB) has appointed an advisory group for the digital euro project. Called the Digital Euro Market Advisory Group, it was founded with 30 members from business backgrounds. The council will have a say in the design, distribution, and value that this new digital currency can provide for the payments ecosystem. The […]

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Venezuela Considers Selling Its ”Oil-Backed” Cryptocurrency With a 60% Discount

Venezuela Considers Selling Its Oil-Backed Cryptocurrency With a 60% DiscountThe advisors of the Venezuelan government have recommended that the country’s oil-backed cryptocurrency, the petro, be sold in private placements at a discount of up to 60 percent. 38.4 million petros, with a face value of around $2.3 billion, could go on sale starting on February 15. Also read: South Korea Urges 23 Countries, EU, and […]

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