ECB warns dollar-backed stablecoins threaten eurozone sovereignty and stability
Blockchain News

ECB Alarms: Dollar-Backed Stablecoins Jeopardize Eurozone Sovereignty and Stability

The European Central Bank (ECB) has issued a stark warning: the rise of dollar-backed stablecoins poses a serious threat to the eurozone’s financial sovereignty and stability. With private stablecoins now valued at $250 billion globally, the ECB fears a “dollarized” economy could emerge, undermining the euro’s role. Here’s what you need to know. Why is […]

EURAU stablecoin launch by Deutsche Bank for blockchain payments
Blockchain News

EURAU Stablecoin Revolutionizes Crypto Payments with Deutsche Bank Backing and MiCA Compliance

The crypto world is buzzing with the launch of EURAU, a euro-pegged stablecoin backed by Deutsche Bank and compliant with MiCA regulations. This groundbreaking development bridges traditional finance and blockchain, offering a secure and transparent digital euro for traders, investors, and businesses. What is the EURAU Stablecoin? EURAU is a new euro-pegged stablecoin launched by […]

Major Step: COTI Joins ECB's Digital Euro CBDC Development
Blockchain News

Major Step: COTI Joins ECB’s Digital Euro CBDC Development

Exciting news from the world of cryptocurrency and central banking! Layer-1 directed acyclic graph (DAG)-based blockchain network, COTI, has announced a significant collaboration. The project will contribute to the European Central Bank’s (ECB) ambitious Digital Euro project. This move sees COTI helping develop the underlying technology for the eurozone’s central bank digital currency (CBDC), marking […]

ECB Stablecoin Warning: Urgent Concerns Over MiCA's Limits Amid US Stablecoin Boom
Blockchain News

ECB Stablecoin Warning: Urgent Concerns Over MiCA’s Limits Amid US Stablecoin Boom

Crypto enthusiasts and market watchers are paying close attention as a significant regulatory debate unfolds across the Atlantic. At the heart of it is the ECB stablecoin warning: Europe’s central bank believes the continent might not be adequately prepared for the rapidly expanding influence of US-based stablecoins. ECB Stablecoin Warning: Why Europe Fears US Dominance […]

Urgent: Digital Euro is Europe's Key to Financial Independence, ECB Economist Argues
Blockchain News

Urgent: Digital Euro is Europe’s Key to Financial Independence, ECB Economist Argues

In an increasingly digital world, the control over finances is becoming a critical battleground. Imagine a scenario where your daily transactions are largely dependent on systems controlled by entities outside your region. This isn’t a far-fetched future; it’s the present reality that the European Central Bank (ECB) is urgently addressing. ECB Chief Economist Philip Lane […]

Urgent Warning: US Crypto Policies Threaten European Financial Sovereignty
Blockchain News

Urgent Warning: US Crypto Policies Threaten European Financial Sovereignty

Are you keeping up with the rapidly evolving world of cryptocurrency? A significant warning has emerged from Europe, highlighting potential threats to its financial independence due to U.S. crypto policies. Let’s dive into the details of how America’s approach to digital currencies, particularly stablecoins, is raising eyebrows and concerns across the Atlantic. The Looming Shadow […]