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The latest report from the European Central Bank predicts that the digital euro will replace a portion of the banknotes in circulation, fundamentally reshaping how Europeans use money. Bank deposits will also be impacted. Digital Euro to Reshape How Europeans Use Banknotes and Bank Deposits While the digital euro, the project that seeks to implement … Read more
Telegram is firing back with force, slamming false claims and exposing how French authorities only recently started playing by EU rules after misreporting its compliance. Durov Calls out Misinformation as French Police Only Followed EU Law After His Arrest Telegram founder Pavel Durov pushed back against a media narrative on Thursday, criticizing a French report … Read more
European Commission President Ursula von der Leyen warns that global tensions, tariffs, and wars are reshaping the world order, with the West no longer holding its former influence. She highlights the U.S.-China power struggle and Putin’s ambitions as key disruptors, calling for the EU to take an active role in shaping the new global landscape. … Read more
Italian Economy Minister Giancarlo Giorgetti warns that dollar-based stablecoins pose a greater threat to the euro’s standing than trade disputes. Bolstering the Euro’s Prominence The European Union (EU) must urgently address the growing appeal of dollar-based stablecoins among its citizens, as they pose a greater threat to the euro’s standing than ongoing trade disputes, Italian … Read more
Bitpanda has announced that it has become the first major cryptocurrency exchange to secure the Markets in Crypto-Assets Regulation (MiCAR) license from Austria’s Financial Market Authority (FMA). This achievement marks Bitpanda’s third MiCAR license, following similar approvals in Germany and Malta, further solidifying its position as a leader in regulatory compliance within the European crypto … Read more
The securities regulator believes that crypto assets currently pose a minimal risk to financial stability due to their relatively small size and limited integration with traditional financial systems. Crypto Assets 1% of Global Financial Assets The European Securities and Markets Authority (ESMA) said crypto assets currently pose no significant risk to financial stability. The regulator … Read more
The European Union said it is implementing retaliatory tariffs on $20.9 billion worth of U.S. goods in three phases in response to President Donald Trump’s steel and aluminum import taxes. The EU’s delayed response is due to the need for unanimous approval from its 27 member states. However, the EU stated that the tariffs could … Read more
Elon Musk expressed his vision for a future of unrestricted trade between the United States and Europe during a video-link address at a congress in Florence, Italy. His comments came after U.S. President Donald Trump announced a 20% tariff on Italy and other EU countries. Musk, who serves as an adviser to Trump, advocated for … Read more
European Central Bank (ECB) President Christine Lagarde has urged the European Union to develop its own digital payment platform, moving away from reliance on foreign giants like Visa, Mastercard, Paypal, and Alipay. Speaking on The Pat Kenny Show, Lagarde emphasized the need for a “European offer” to secure financial sovereignty, highlighting the risks of dependence … Read more
European Union regulators are reportedly preparing to impose significant penalties on Elon Musk’s social media platform X for violations of the Digital Services Act, which aims to combat illicit content and disinformation, according to a report by the New York Times. Sources familiar with the situation indicate that the penalties may include a substantial fine, … Read more
