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press release PRESS RELEASE. Locker Token & Ice Hockey extraordinaires Rögle BK have officially announced an In-Real-Life (IRL) NFT, event set to take place at the Catena Arena – the home of the European champions. The event is designed to showcase the innovative asset class that is NFTs, while also
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Progress continues on the creation of a digital euro, and the European Central Bank (ECB) has documented it in a second progress report that described design and distribution options recently approved by its governing council. The report considered four crucial issues, roughly in keeping with the timeline the ECB set
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"Their responsibilities would include offering user-facing services, such as opening accounts or wallets, payment instruments and onboarding and offboarding, encompassing know-your-customer and anti-money laundering checks. They would also provide devices or interfaces to pay with a digital euro in physical stores, online or person-to-person," the report said. Source
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Place/Date: Singapore - December 12th, 2022 at 4:59 pm UTC · 4 min read Source: STASIS STASIS, the issuer of the largest euro-backed stablecoin, has deployed its EURS stablecoin on XDC Network, enabling the XDC community to advance their crypto journey into stablecoins. Turbulence is
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The Venus Initiative "shows how digital assets can be issued, distributed and settled within the eurozone, in a single day" and "confirms that a well-designed CBDC can play a critical role in the development of a safe tokenised financial asset space in Europe," Nathalie Aufauvre, general director of financial stability
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Máxima Zorreguieta Cerruti, Queen of the Netherlands, said she was encouraged by the work the European Central Bank had accomplished in its efforts to launch a digital euro. Speaking virtually at a European Commission conference ‘towards a legislative framework enabling a digital euro for citizens and for businesses’ on Nov. 7,
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Euro Coin was introduced in June on the Ethereum blockchain and is backed by a mixture of cash and European government debt. Adoption of the coin has been slow since, with a market cap of just $80 million. USDC, in contrast, has a market cap of $42 billion. The largest
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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
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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
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While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists
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