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Nalezeno "European Union": 717

EU to Answer Trump’s Stablecoin Push With Digital Euro


The EU must approve a digital euro to counteract the White House’s push for stablecoins. ECB board member Piero Cipollone proposed to double down on this digital currency, as the union will need to contend with the promotion of U.S.-backed dollar stablecoins on a global scale. EU Props...

Trump’s Tariffs, Sanctions to Speed up De-Dollarization, Economist Says


A former chief economist at the African Export-Import Bank said many governments are increasingly promoting the use of local currencies to reap the economic benefits of having an international currency. De-Dollarization Is Not a New Phenomenon According to Hippolyte Fofack, former chief economist...

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