News with the tag "European central bank"

Is Europe at risk of losing control over its financial future? Recent warnings from a top European Central Bank (ECB) official suggest so. As digital payments become increasingly dominant, the ECB is making a powerful push for a digital euro . But why the urgency, and what does it mean for Europe an...

The European Central Bank (ECB) is advancing its plans for a digital euro to counter the growing presence of foreign-currency stablecoins and reduce dependence on U.S. payment firms. ECB Chief Economist Philip Lane emphasized the need for Europe to maintain control over its financial system amid inc...

Cryptocurrency traders are keenly observing traditional financial markets for signals, and the recent sharp decline in EUR/USD is flashing red. The Euro against the US Dollar (EUR/USD) has experienced a significant downturn, breaching the 1.0450 level. This movement isn’t just a blip; it’s a consequ...

The Czech National Bank (CNB) is considering adding Bitcoin to its national reserves , with Governor Aleš Michl proposing to allocate up to 5% of the country’s €140 billion reserves to the cryptocurrency. If approved, this move would make the CNB the first Western central bank to hold Bitcoin. Michl...

In a meeting following the European Central Bank’s (ECB) interest rate cut announcement, the bank’s President, Christine Lagarde, reiterated her long-standing criticism of cryptocurrencies in general, and Bitcoin ( BTC ) in particular. The central bank president, who stated that crypto was worth ‘no...

Christine Lagarde is confident that the central banks that are part of the General Council will not add Bitcoin to their reserves

HashKey Europe, a subsidiary of the HashKey Group of companies, has been awarded a Virtual Asset Service Provider (VASP) license in Ireland. According to a January 7 announcement , the European subsidiary of the Hong Kong-based cryptocurrency exchange will be able to offer services such as fiat-to-c...

Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.

The European Parliament’s Sarah Knafo said it’s time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin.

France is falling apart, and the global economy is in danger of being collateral damage. Marine Le Pen, a far-right powerhouse, teamed up with leftist lawmakers to pull off a political stunt that toppled Prime Minister Michel Barnier’s three-month-old government. This was a full-blown crisis. Lawmak...