Euro – DIGIT INFO

ECB President Lagarde Aims to Seize Shifting Global Order to Strengthen Euro’s Global Position

June 17, 2025 by DIGIT

In a recent blog post, Christine Lagarde, President of the European Central Bank, emphasized the need for Europe to strengthen three foundational pillars—geopolitical credibility, economic resilience, and legal and institutional integrity—to enhance the euro’s global prominence. Lagarde noted the shifting global order, characterized by rising protectionism and uncertainty, which poses risks to Europe’s economy and … Read more

Digital Euro Launch Awaits EU Legislative Approval, Says ECB Chief Lagarde

June 16, 2025 by DIGIT

The European Central Bank is racing toward the launch of a digital euro, driven by surging consumer demand and the need to unify Europe’s digital payment landscape. ECB Close to Digital Euro Launch to Meet Consumer Demand, Maintain Cash and Digital Balance European Central Bank (ECB) President Christine Lagarde confirmed on June 12 during an … Read more

ECB Confirms Gold Dethroned the Euro as the Second Reserve Asset

June 12, 2025 by DIGIT

A recent report by the ECB confirms that gold, following a significant rally in 2024, has become the second-largest asset held by central banks as a reserve. However, the U.S. dollar still represents over 46% of all funds held by these institutions. ECB Report Acknowledges Gold Reached Second Place Amidst World’s Reserve Assets A recent … Read more

Big Brother: Digital Euro Will Substitute Banknotes and Bank Deposits

April 20, 2025 by DIGIT

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

Elliptic, Monerium Partner to Enhance Compliance for EURe Stablecoin

April 15, 2025 by DIGIT

Cryptocurrency analytics firm Elliptic has partnered with Monerium, a Reykjavik-based Electronic Money Institution (EMI), to enhance anti-money laundering (AML) and compliance measures for its EURe stablecoin. Monerium Taps Elliptic to Navigate MiCA Rules Amid Euro Stablecoin Boom According to the announcement shared with Bitcoin.com News, the collaboration aims to automate cross-chain transaction monitoring and reduce … Read more

EU Ministers Fear Trump’s Crypto Policies, Sources Say

March 10, 2025 by DIGIT

According to a report, Eurozone economic ministers are not too keen on Trump’s friendliness toward cryptocurrencies and in their opinion the European Union needs to “prevent any initiative” from having “negative consequences on stability and sovereignty.” EU Warns Trump’s Crypto Stance Risks Stability Donald Trump clearly knows how to shake things up, and his administration’s … Read more

Fears of Price Hikes Fuel Bulgarian Euro Protests

February 24, 2025 by DIGIT

Thousands of ultra-nationalist Revival party supporters in Bulgaria clashed with police while attempting to storm an EU mission building in Sofia, protesting the country’s planned euro adoption in 2026. The demonstrators, fearing economic instability and loss of sovereignty, threw projectiles and set fires, resulting in police injuries and arrests. The Bulgarian government condemned the violence, … Read more

Euro Usage Tanks, Leading Decline Among Currencies on SWIFT Over the Last 10 Years

December 31, 2024 by DIGIT

According to data released by SWIFT, the use of the euro as a settlement currency for international payments has fallen significantly. Its utilization share has decreased by 6.83% compared to 2014, with only 22.29% of global payments employing it. Euro Tanks, Dollar Thrives in Swift Share Charts The future seems bleak for the euro, as … Read more

Tether discontinues support for euro-pegged stablecoin EUR₮

November 27, 2024 by DIGIT

Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin. Go to Source

OKX launches crypto trading platform and wallet in Belgium

November 26, 2024 by DIGIT

OKX’s services in Belgium are offered through an EU-regulated entity as the exchange doesn’t have dedicated regulatory approval in the country. Go to Source