Euro

Fintech & Ecommerce

U.S. Dollar Dominates SWIFT Payments

In August 2024, the dollar accounted for almost half (49.1%) of payments handled by the global payment network SWIFT, with no other currency presenting solid competition to the dollar’s role in international payments.

Blockchain & Crypto

Binance Stikes New Fiat Partnership to Restore Euro Support

The crypto exchange signed agreements with a number of new regulated and authorized fiat partners after losing its previous partner PaySafe in September.

News

Spain’s Deputy Central Bank Governor Suggests Tools to Mitigate Digital Euro’s Unintended Consequences

Deputy head of the Central Bank of Spain Margarita Delgado said that before making a final decision on the launch of the digital euro, the European Central Bank should analyze the potential impact of the virtual currency on the banking system of the eurozone.

Blockchain & Crypto

ECB Introduces Timeline for CBDC Rollout

The European Central Bank (ECB) has announced its plans for a step-by-step rollout of a digital euro CBDC. The final realisation phase may come later this year

Blockchain & Crypto

EU Tightens Rules for Banks Holding Cryptocurrency

European lawmakers voted on Tuesday that banks must fully cover crypto holdings with capital.