News with the tag "URO"

Telegram founder Pavel Durov breaks silence on TON success, details inside

Russia’s position on cryptocurrencies has undergone a significant shift in recent years, moving from strict opposition to a more nuanced and strategic approach. Once advocating a total ban on digital assets, the Bank of Russia is now proposing a regulatory framework that would permit wealthy individ...

Europe needs to embrace a digital version of its currency (or a digital euro) to stand strong against the rising popularity of stablecoins and the widespread use of payment systems from the United States. That’s the message from Philip Lane, the Chief Economist at the European Central Bank (ECB). Ac...

Key Takeaways: The ECB alerts that the role of central bank money may be threatened by the fall in cash usage and the development of private digital currencies. Other people’s digital money and stablecoins are thought of as potential threats to Europe’s capacity for controlling its financial system ...

The Turkish Lira has seen its biggest one day fall yet, down more than 10% on Wednesday from 2.7 cent to the dollar, to 2.5 cent with it currently trading at just below 2.6 cents.

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. On February 25, Tether ( USDT ) CEO Paolo Ardoino asserted that “USDT is the most successful tool for US dollar hegemony and distribution across emergi...

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...

Buckle up, folks! The Eurozone just hit a speed bump, and it’s sending ripples through the forex market. The Euro is currently experiencing a noticeable dip, and the culprit? Recent remarks from the European Central Bank (ECB) President Christine Lagarde regarding potential growth reduction. For tho...

Exciting news for tech enthusiasts in Europe! Meta AI, the highly anticipated virtual assistant, is finally making its debut in the European Union. However, due to the EU’s stringent privacy regulations, this launch comes with significant limitations compared to its US counterpart. For crypto and te...