International financial group finds gaps in digital euro legislative package
The Institute of International Finance looked at seven areas where digital euro legislation, which is being developed alongside the technology, is lacking. Go to Source
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Bitcoin will bring global payments out of the ‘fax era’ — Ex-PayPal boss
Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via email. Go to Source
Digital euro can ward off a host of private payment service ills: ECB official
Private payment services can gain a monopoly over services with no benefit to other market players or economic stability, ECB board member Fabio Panetta said. Go to Source
Spanish central bank official talks about private payment services in era of digital euro
Banco de España deputy governor Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial services providers. Go to Source
Binance limits withdrawals in Europe, cites payment processor issues
In a deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended EUR transactions through SEPA. Go to Source
Crypto asset investment in Latvia declines by 50% over past year, per central bank
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.” Go to Source Powered by WPeMatico
Germany is dragging Europe’s economy down — and that’s great for crypto
Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies. Go to Source Powered by WPeMatico
Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC; it all looks rosy, he said. Go to Source Powered by WPeMatico
JPMorgan bank deploys JPM Coin for euro-denominated payments
Germany’s conglomerate Siemens AG was reportedly the first company to process euro-denominated payments using JPM Coin. Go to Source Powered by WPeMatico
Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says
François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages. Go to Source Powered by WPeMatico
