Category: Euro

Curve Finance wants to promote euro stablecoins in DeFi

December 21, 2020

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New pool allows European and Asian users to avoid US dollar exposure. 336 Total views 3 Total shares Decentralized stablecoin exchange Curve Finance has added the euro as a secondary currency option following demand from users. As announced in a Dec. 20 tweet, Curve now has a liquidity pool for switching between the Stasis euro […]

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European central bankers predict that the digital euro is at least five years away

November 30, 2020

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Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition. 2050 Total views 17 Total shares Several experts from various European banks agreed that even a proof of concept for a digital euro is four or five years away. In a panel on Monday called “Upgrading […]

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Exchanges outdo auctions for governments cashing in criminal crypto, says exec

November 27, 2020

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Earlier this week, Lithuania’s tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations.  The occasion marked the first time that the Lithuanian government liquidated confiscated cryptocurrencies. In doing so, the country joined the growing number of jurisdictions worldwide that have […]

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Binance exchange partner Simplex to roll out Tether to euro offramp

October 29, 2020

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Over 200 firms in Simplex’s network can enable euro cashouts from Tether. 2700 Total views 28 Total shares Simplex, a crypto-to-fiat payments provider, is adding another fiat offramp to enable its partner exchanges like Binance and Huob to sell major stablecoin Tether (USDT) to the euro. According to an Oct. 29 announcement, Simplex has rolled […]

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Will they or won’t they? Central banks eye each other’s digital currency moves

October 29, 2020

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Canada doesn’t want any “surprises” regarding central bank digital currencies. In a recent interview with Reuters, Bank of Canada Governor Tiff Macklem doubled down on the country’s contingency-plan approach to CBDCs, stressing that he sees no urgent need to issue one right now.  For Macklem, inter-state competition and coordination remains the key question when it […]

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Gemini Exchange Launches Crypto Trading Against the Euro

October 28, 2020

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Oct 28, 2020 at 15:14 UTCUpdated Oct 28, 2020 at 16:21 UTC Gemini founders Tyler and Cameron Winklevoss(Wikimedia Commons/TechCrunch Disrupt) Gemini, the cryptocurrency exchange founded by the Winklevoss brothers, has launched trading denominated in the euro. In an announcement Wednesday, the company said all listed cryptocurrencies could be purchased and traded with euros. Euro deposits […]

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Stablecoins race ahead: Fiat-backed crypto booming amid uncertainty

October 17, 2020

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Despite this year’s uncertainty that has plagued the global economy, 2020 will go down as the year of the stablecoins due to the digital sector’s tremendous growth, with new developments emerging across the board. While some attribute this growth to the booming interest in decentralized finance among crypto enthusiasts, others see it as a bullish […]

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