Visa Approves New DeFi-Enabled Crypto Card in EU and UK
New DeFi-enabled crypto debit card to enable Visa merchants to accept Bitcoin and Ether via conversions into regulated EUR and GBP stablecoins Go to Source Powered by WPeMatico
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Digital Euro Sees First Successful Test at the Bank of France
The French central bank has announced the first successful test of a digital euro. Go to Source Powered by WPeMatico
Austrian Bank Raiffeisen Works on National Digital Currency Pilot
Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of blockchain-based national currency tokenization Go to Source Powered by WPeMatico
ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone
The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. Unprecedented Economic Contraction in Eurozone New data released on Thursday reveals that the 19-member region’s … Read more
France’s CBDC Test Moves Digital Euro One Step Closer to Reality
France has unveiled plans for a CBDC, but how will it affect the cryptocurrency industry and broader financial ecosystem? Go to Source Powered by WPeMatico
Why Betting on Gold-Backed Stablecoins Is a Losing Game
Could the symbiosis of the past and future provide humanity with better financial solutions? Go to Source Powered by WPeMatico
New Italian Fintech Startup Bitsa Adds XMR Support to Its Prepaid Card
Monaco-based financial firm Bitsa has enabled users to top-up their crypto cards with major privacy-focused coin Monero Go to Source Powered by WPeMatico
Crypto Exchange Tokenomica Now Offers OTC Crypto-to-Euro Trading
Malta’s Tokenomica announces OTC trading for all its available cryptocurrencies Go to Source Powered by WPeMatico
Binance Crypto Exchange Adds Support for Australian Dollars and Thai Baht
Binance, the world’s second-largest cryptocurrency exchange, has added support for Australia and Thailand’s fiat currencies Go to Source Powered by WPeMatico
China Takes Another Step Away From USD Hegemony
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro from 16.34% to 17.40%. The change could signal further disassociation … Read more
