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European Central Bank Assesses Potential Digital Euro CBDC Issuance

European Central Bank Assesses Potential Digital Euro CBDC Issuance

The European Central Bank (ECB) evaluated whether a digital euro would be a beneficial addition to its financial system through an October report.

European Blockchain Service Infrastructure PCP to Begin—Why it Could Benefit XRP and BTC

European Blockchain Service Infrastructure PCP to Begin—Why it Could Benefit XRP and BTC

The EC seeks industry tenders for the European Blockchain Service Infrastructure (EBSI) - a European blockchain solution that could inadvertently see BTC and XRP soar.

Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants

Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants

Samsung SDS has signed an agreement with Israel’s fintech startup Credorax to build payment solutions to serve European merchants and banks.

Five EU Member States Take Position Against Stablecoins

Five EU Member States Take Position Against Stablecoins

Five members of the 27-member European Union Bloc has urged the body to pass regulations to stiffen the emergence and existence of stablecoins in the region

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14.

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