Dutch Companies Set to Launch First Regulated Digital Euro In a groundbreaking move that is set to revolutionize the digital currency landscape, Dutch companies are gearing up to introduce the first regulated digital euro to the market. Known as EURQ, this innovative currency is fully compliant with European regulations, particularly the Markets in Crypto-Assets Regulation […]
Russia denies digital rouble expiry rumours
Russia Denies Digital Rouble Expiry Rumours In recent weeks, speculation has been swirling around the alleged expiration of digital roubles in Russia. However, senior bank executive Alla Bakina has stepped forward to clarify that these rumors are unfounded. According to Bakina, digital roubles, much like physical cash, remain the property of the wallet holder and […]
Lawmakers push for Michigan’s crypto investment strategy
Lawmakers Advocate for Michigan’s Crypto Investment Strategy In a move that signals a shift towards embracing the digital economy, lawmakers in Michigan are pushing for the development of a comprehensive crypto investment strategy. This initiative not only sets the stage for the state to capitalize on the growing trend of digital assets but also aligns […]
Jerome Powell confirms US will not issue CBDC under his leadership
Jerome Powell Confirms US Will Not Issue CBDC Under His Leadership In a recent announcement, Jerome Powell, the Chairman of the Federal Reserve, has made it clear that the United States will not be issuing a Central Bank Digital Currency (CBDC) during his tenure. This decision comes as a confirmation of Powell’s stance on the […]
Central Bank of Papua New Guinea moves forward with digital currency plans
Central Bank of Papua New Guinea Advances Digital Currency Plans The Central Bank of Papua New Guinea is setting the stage for a significant shift in the country’s financial landscape as it moves forward with plans to introduce its own digital currency. This move comes as part of a broader effort to modernize the nation’s […]
ECB pushes for faster digital euro launch
ECB Pushes for Faster Digital Euro Launch The European Central Bank (ECB) has been steadily moving towards the introduction of a digital euro, but recent developments have added a new sense of urgency to the process. The push for speed comes in the wake of former U.S. President Donald Trump’s vocal support for stablecoins, a […]
ECB official pushes for digital euro in response to Trump’s stablecoin strategy
ECB Official Urges Swift Action on Digital Euro Amidst Concerns Over Dollar-backed Stablecoins As the world of finance continues to evolve, the European Central Bank (ECB) finds itself at a crossroads, facing pressure to adapt to the rapidly changing landscape of digital currencies. The recent warning from ECB board member Cipollone has underscored the urgency […]