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“# Banque de France tests digital currency-based securities settlement ” The central bank of France — Banque de France — is continuing its work on the development of a European central bank digital currency (CBDC). On Monday the bank officially announced the successful completion of a CBDC experiment with major Switzerland-based cryptocurrency bank SEBA. Conducted in…
“#What is the Czech Republic famous for?” Beer consumption and quality, all the impressive castles, some peculiar festivities, the landmarks, and obviously the people are some of the things the Czech Republic is famous for. Located in the heart of Europe, the Czech Republic is a landlocked country with 10.7 Million people bordering Austria to…
“# Digital euro offers better privacy protections than private stablecoins: ECB official ” European Central Bank (ECB) executive board member, Fabio Panetta, has argued that a digital euro offers superior privacy protections than privately issued stablecoins. Panetta criticized the profit motive of private firms, emphasizing it is in their commercial interests to harvest masses of…
“#Biden’s first foreign trip only showcased his own weakness” “We’ve gotten a lot of business done on this trip,” Joe Biden declared in Geneva, the final stop on his first overseas tour as president. Not one reporter at the press conference called him on the absurd claim. Of course, he started the “presser” after his…
“# Digital euro could drain 8% of bank deposits, Morgan Stanley says ” Analysts at thAmerican multinational investment bank Morgan Stanley have estimated the likely changes in eurozone banks’ deposits should a digital euro be widely adopted. According to the analysts, a European Union central bank digital currency (CBDC) could suck up 8% of customer…
“#Biden’s G-7 and NATO summit performance only boosts US, Euro foes” It’s been all smiles and cheers for Joe Biden on his first foreign tour rolling out a foreign-policy agenda focused on China. And, for the most part, European leaders are playing along with the script. The narrative for the G-7 and NATO summits is…
“#20 Famous Landmarks In the Czech Republic” The Czech Republic has become one of the most popular tourist destinations in Europe. It’s a country of multiple and diverse attractions, from the cheap, delicious beers, lovely countryside, and many famous landmarks. Yet, usually, it’s the lovely city of Prague with its charming city center that looks…
“#Biden opens European tour with slap at Brits” Remember Clark Griswold, that happy-go-lucky Everyman who takes the trip of a lifetime, offends his hosts, and confirms every prejudice about Americans? Welcome to “Joe Biden’s European Vacation.” The president is reviving the National Lampoon series on his trip to England for the G-7 summit. Too bad…
“# Investment product issuer 21Shares will list Bitcoin ETP on Aquis Exchange ” Switzerland-based 21Shares, formerly known as Amun, has said it will make its Bitcoin (BTC) exchange-traded product available to traders in the United Kingdom through the Aquis Exchange. According to an announcement from 21Shares, its Bitcoin exchange-traded product (ETP) will be available to professional…
“# ECB says digital euro may be needed to combat ‘artificial currencies’ ” The European Central Bank has warned that a CBDC or digital euro may be required to head off the spectre of “artificial currencies” dominating cross-border payments. In ECB’s annual review of the euro dubbed “The international role of the euro”, economists Massimo…