Euro

60% of Central Banks are Exploring CBDCs: The European Central Bank has Reached the 'Investigation' Stage
Jul 16, 2021 at 10:02
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60% of Central Banks are Exploring CBDCs: The European Central Bank has Reached the 'Investigation' Stage
The European Central Bank has just announced that it has reached the investigative stage of its digital euro project. If successful, the European Union would be the largest economic bloc to implement a Central Bank Digital Currency (CBDC) project. The progress made by the European Central Bank is a step towards a "CBDC era".
Cryptocurrency vs. Fiat: Drug Dealers Prefer Traditional Money to their Digital Alternative
Feb 05, 2021 at 15:13
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Cryptocurrency vs. Fiat: Drug Dealers Prefer Traditional Money to their Digital Alternative
The cryptocurrency market is among the biggest unregulated sectors in the globe. Before the coming of digital money, drug dealers were using cash as the main means of making transactions. Now, things have changed a little bit. However, drug dealers still prefer using fiat than cryptocurrencies.
Bitcoin Is Not Gambling: Relying on Luck Could Drag Traders into Huge Losses
Dec 15, 2020 at 11:04
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Bitcoin Is Not Gambling: Relying on Luck Could Drag Traders into Huge Losses
The crypto industry was overlooked by many people for quite a long time until it proved to be a much more lucrative venture than most investments in the other sectors. As such, many people join crypto trading because of the “Fear of Missing Out” (FOMO) effect which only leads to big losses and disappointments.
European Union Exploring Digital Euro: Central Bank Seeks Public Feedback
Nov 20, 2020 at 13:42
News
European Union Exploring Digital Euro: Central Bank Seeks Public Feedback
The European Central Bank Governing Council is advancing the work on the possible issuance and circulation of a digital euro, a type of central bank electronic money that would foil cash, not substitute it. Authorities want people to access and use these two types of money together, to offer greater choice and easier access to means of making payments.
Anti-terrorist Squad in Latvia Prevented Two Killings and Theft of Cryptocurrency
Oct 23, 2020 at 11:28
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Anti-terrorist Squad in Latvia Prevented Two Killings and Theft of Cryptocurrency
The anti-terrorist squad and state police of Riga, Latvia, have arrested a man who was planning to kidnap and kill two people to steal their cryptocurrencies worth half a million euros.
Latvian Police Arrested Cybercriminals Holding Over 110,000 Euro in Cryptocurrency
Jul 21, 2020 at 13:56
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Latvian Police Arrested Cybercriminals Holding Over 110,000 Euro in Cryptocurrency
Officers of the Cybersecurity Department of Latvian Police exposed the activity of an organized gang of cybercriminals. During the operation, the law enforcers confiscated cash and cryptocurrency in the amount exceeding 110,000 Euro.
Germany to Launch Digital Euro Thinking It’s Better than Libra
Oct 30, 2019 at 11:26
News
Germany to Launch Digital Euro Thinking It’s Better than Libra
Germany's minister of finance has embraced the idea of developing the cryptocurrency and blockchain industry by creating a digital euro, however, this plan is against and a threat to private virtual currency initiatives such as the Telegram’s Gram, Facebook’s Libra Project and others.
Domino’s Pizza to Reward its French Customers €100,000 in Bitcoin
Sep 13, 2019 at 12:00
News
Domino’s Pizza to Reward its French Customers €100,000 in Bitcoin
Domino's Pizza, the French unit of an American conglomerate pizza restaurant chain established more than five decades ago, rolled out an ordering contest with a huge premium of around $110,000 in Bitcoin (BTC) or hard money of 100,000 euros.
Facebook’s Libra is Fascinating but Treacherous, ECB Reveals
Sep 05, 2019 at 13:49
News
Facebook’s Libra is Fascinating but Treacherous, ECB Reveals
Facebook's cryptocurrency Libra could harm central banks and other major fiat currencies including the euro and dollar, according to European Central Bank (ECB) senior member of the executive committee Yves Mersch.
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