#europeanunion

Nov 16, 2020
2 min

Lagarde's Feeling: The European Central Bank's Cryptocurrency Is Coming

Christine Lagarde, President of the European Central Bank, has indicated that the institution she heads could create its own cryptocurrency in the coming years, which could significantly change the monetary policy of the euro area, writes Bloomberg. “My hunch is that it will come,” Lagarde said Thursday during a virtual panel discussion hosted by the ECB. “If it’s cheaper, faster, more secure for the users then we should explore it. If it’s going to contribute to better monet

EU works chasing the updated trends in crypto, reining stablecoins, and DeFi

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Oct 25, 2020
6 min

EU works chasing the updated trends in crypto, reining stablecoins, and DeFi

The proposed EU crypto market guideline will raise numerous consistence obstructions for the following Libra-like venture trying to work in Europe. In cryptoland, the fall will, in general, be controllers' open season. As uncommon as it's been, 2020 is no special case to this pattern. Pressures are intense on the two sides of the Atlantic: As business sectors were all the while handling the updates on the United States Commodity Futures Trading Commission getting serious abou

First Successful Digital Euro Test at the Bank of France

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May 24, 2020
1 min

First Successful Digital Euro Test at the Bank of France

The Bank of France has reported the first digital euro test that has succeeded. Banque de France announced on May 20 that France is the first country that has successfully tested a digital euro, operational on a blockchain, after a call for new innovation to such an improvement at the end of March. Under the same initiative, similar tests will continue in the coming weeks. On May 14, the national bank tried an offer of protection for computerized money (CBDC), flagging the be