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Nalezeno "european union": 719

Crypto Platform Deribit Bars Russian Nationals Due to EU Sanctions


Deribit said that starting Feb. 17, Russian accounts will switch to “reduce-only” mode, and all positions will be forcibly closed by March 29, although withdrawals will remain open. Withdrawals to Remain Open Deribit, a cryptocurrency derivatives platform, announced Feb. 5 that European...

Christine Lagarde en Garde: Bitcoin Will Not Enter Central Bank Reserves


ECB President Christine Lagarde was confident about the stance the EU central banks would take on adding bitcoin as a reserve asset. She stated that, due to several reasons, this would not happen. ECB President Christine Lagarde Confident That EU Central Banks Won’t Adopt Bitcoin The concept...

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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