European central bankers predict that the digital euro is at least five years away
Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition. Go to Source Powered by WPeMatico
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Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition. Go to Source Powered by WPeMatico
Over the years, we have been introduced to a digital transformation, which has created and shaped communities around the world. Digital technologies have introduced newly evolved ways of how the world interacts, operates, and most of all, conducts exchanges. In the current economic hardship and the Covid-19 global pandemic, the European Union has had to … Read more
Governments are increasingly liquidating crypto assets seized in criminal investigations. Go to Source Powered by WPeMatico
At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen over 323% since the crypto asset’s $3,600 low in 2020. The price of … Read more
Over 200 firms in Simplex’s network can enable euro cashouts from Tether. Go to Source Powered by WPeMatico
Canada’s central bank recognizes that CBDCs are a necessarily international issue. Go to Source Powered by WPeMatico
Blockchain firm ConsenSys is becoming increasingly active in the central bank digital currency space. Go to Source Powered by WPeMatico
Stablecoins are taking over the crypto space with increased utility and circulation. What is prompting this growth, and is it a threat to the market? Go to Source Powered by WPeMatico
The ECB should grant e-money issuers access to central bank reserves, says Monerium. Go to Source Powered by WPeMatico
A digital euro would not replace cash, but complement it, says the European Central Bank. Go to Source Powered by WPeMatico