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As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom. Go to Source
Binance’s European debanking woes continue as it urges Paysafe users to convert their euros to digital dollars. Go to Source
The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche. Go to Source
The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking. Go to Source
Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via email. Go to Source
Private payment services can gain a monopoly over services with no benefit to other market players or economic stability, ECB board member Fabio Panetta said. Go to Source
Banco de España deputy governor Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial services providers. Go to Source
In a deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended EUR transactions through SEPA. Go to Source
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.” Go to Source Powered by WPeMatico
Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies. Go to Source Powered by WPeMatico
