Europeans – DIGIT INFO

Brussels Wants All Crypto Service Providers to Report Transactions of Europeans

DIGIT — Fri, 09 Dec 2022 12:30:00 +0000

The European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax authorities in the Union. According to the proposal, all crypto service providers, regardless of where they are based, will have to abide by the new rules. EU to Consider New Reporting Requirements for Crypto Platforms […]

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Brussels to Spur Rollout of Instant Payments in Euro, Proposes Legislation

DIGIT — Sat, 29 Oct 2022 10:30:48 +0000

The European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately, the executive body said, revealing its intentions to push the industry toward wide adoption. EU Moves to Make Instant Payments Widely Available Throughout Europe A […]

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ECB Raises Benchmark Rate by 75bps and Tones Down Long-Term Refinancing Operations

DIGIT — Thu, 27 Oct 2022 16:00:08 +0000

On Thursday, the European Central Bank (ECB) announced the central bank’s third consecutive benchmark bank rate increase this year, raising the rate by 75 basis points (bps). In addition to the rate hike, the ECB changed the central bank’s targeted longer-term refinancing operations terms and conditions noting that they need to be “recalibrated.” ECB Hikes […]

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Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt

DIGIT — Wed, 19 Oct 2022 18:30:22 +0000

According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September tapped a 40-year high, and investors suspect that the eurozone is “at risk of a financial meltdown.” European Union’s Consumer Price Index Taps a 40-Year […]

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Here’s How Europeans Can Deal With Negative Interest Rates

DIGIT — Mon, 16 Sep 2019 23:33:22 +0000

Low and negative interest rates have been a burden for account holders across Europe for some time. And it’s only getting worse, as the European Central Bank just announced a new rate cut to a record low of -0.5%. Private and corporate customers in many countries on the continent don’t have a lot of options […]

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Survey Shows Europeans Think Crypto Will Last a Decade, but Are Less Confident in BTC

DIGIT — Thu, 25 Apr 2019 22:30:58 +0000

According to a recent survey of 10,000 European residents, 63% believe that cryptocurrencies will still be around in 10 years. However, polled respondents were not so confident about bitcoin core (BTC) lasting over the next decade as only 49% of participants believe BTC will be around. Also read: Researchers Find Hundreds of Ethereum Wallets at […]

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Interest in Bitcoin Set to Double in Europe, New Survey Suggests

DIGIT — Wed, 27 Jun 2018 00:49:03 +0000

People hear and know more about cryptocurrencies with every passing day, and according to a new survey, interest in Bitcoin is expected to increase twofold in Europe. The poll gauges the awareness of cryptocurrencies and the expectations for their future. The research covers over a dozen European nations, but also the United States and Australia, […]

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