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The change in rhetoric followed a US dollar-pegged stablecoin boom in 2025 due to the passage of key legislation in the United States. The European Union should foster the development of euro-denominated stablecoins to compete with US dollar-denominated tokens, according to Pierre Gramegna, the managing director of the European Stability Mechanism (ESM), an economic crisis…
Introduced in October 2020, Europe’s digital euro may not launch until 2029, according to ECB Executive Board member Piero Cipollone. The digital euro, the European Union’s long-planned central bank digital currency (CBDC) project, is facing delays, with its launch now expected around mid-2029. The EU’s digital euro could become a reality in 2029, European Central…
South Korea reportedly flagged a record 36,684 suspicious crypto transactions in 2025, surpassing the combined totals of the past two years. South Korean authorities flagged a record number of suspicious crypto transactions this year, with total numbers reportedly already surpassing combined figures from the past two years. Citing Financial Intelligence Unit (FIU) data provided to…
Privacy experts warn EU’s Chat Control law could break encryption, erode trust in digital platforms and push users toward decentralized Web3 solutions. As EU lawmakers near a decision on the “Chat Control” law, privacy experts warn it could break public trust in digital communication and push users toward Web3 platforms. As European lawmakers near a…
EU finance ministers agreed to impose holding limits on the digital euro, reaching consensus on procedures for setting caps during the latest Eurogroup meeting. Finance ministers of European Union member states agreed Friday on a pathway to set limits on how much digital euro an individual can hold, moving the bloc closer to launching a…
Albania has turned to AI bot Diella to tackle public procurement, aiming to rein in the Balkan country’s long-standing issues with corruption and organized crime. Albania’s government AI-powered virtual assistant, which helps citizens obtain everything from driver’s licenses to pension applications and court filings, has just become one of the world’s first AI politicians. “Diella…
The EU’s proposed Chat Control law is just short of the critical support it needs to pass in the EU Council, and Germany could change the balance. As the EU Council heads to vote on the so-called “Chat Control” law, Germany could prove the deciding factor. Put forward by Denmark, the law would essentially eliminate…
The Winklevoss twins-owned Gemini exchange continues its expansion in Europe, securing a Markets in Crypto-Assets Regulation license in Malta. Cryptocurrency exchange Gemini has received a Markets in Crypto-Assets Regulation (MiCA) license in Malta, supporting the company’s ongoing expansion in Europe. The Cameron and Tyler Winklevoss-owned exchange secured a MiCA license from the Malta Financial Services…
Spar will launch crypto and stablecoin payments across 300 Swiss supermarkets via Binance Pay and DFX.swiss, marking a retail first for the country. Global grocery giant Spar is enabling stablecoin and cryptocurrency payments in its stores across Switzerland, marking what the company says will be the first nationwide rollout of digital asset payments in the…
AllUnity’s EURAU stablecoin launches as euro-denominated stablecoins account for just 0.2% of the stablecoin market despite surging 60% since late 2024. EURAU, a new euro stablecoin venture backed by Deutsche Bank’s DWS, Flow Traders and Mike Novogratz’s Galaxy, has debuted on the Ethereum blockchain. AllUnity — a company backed and formed by the three entities…