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digital currency

Markets

What’s causing the crypto sell-off, who is losing, and will it last?

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Money

Which countries in Europe are most prepared to go cashless?

The Nordic countries are leading the way for adopting a future without cash transactions, while Armenia, Georgia, and Germany fall behind, according to a recent analysis.

Business

Cross-border payments still not easy enough, says Revolut Europe CEO

Launched in 2015, Revolut announced earlier this month that it had hit the 50 million customer mark globally, emerging as the most downloaded financial app in Europe.

Europe News

EU must keep 'urgency' of digital euro process, says ECB project lead

Evelien Witlox, project director for the digital euro at the European Central Bank, discusses how the proposal is progressing, how the currency would work in practice, and what the key concerns are at this stage.

Markets

Bitcoin soars to a one-month high amid central banks' easing policies

Bitcoin prices reached a one-month high after central banks' rate cuts in September, with analysts expecting the upward trend to persist.

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Money

Over 130 countries now exploring digital currencies as interest soars

Central banks worldwide are now looking into digital currencies, according to a new study from a US think tank.

Markets

Decoding the digital euro: A potential new means of payment

The European Central Bank (ECB) is working on the preparatory phase of the digital euro to make it as close to cash as possible in terms of privacy, safety, and accessibility — yet stakeholders remain concerned about its design and necessity.

Economy

Euroviews. A more bankless society is on the horizon — and it's a good thing

Web3 digital technology is set to transform how societies interact with money and payments, effectively unbundling banking and payments. This shift can make society less dependent on banks, Jón Egilsson writes.

Markets

Stocks mixed as Bitcoin jumps over $60,000 for first time since 2021

World shares were mixed on Thursday after a lacklustre day on Wall Street, where selling of technology stocks pulled benchmarks lower - and as Bitcoin jumped above $60,000 for the first time since 2021.

Money

Fallen crypto company Terraform Labs files for bankruptcy in the US

Do Kwon, who owns a 92 per cent stake in the company, is currently in custody in Montenegro for using falsified documents to leave the US in March.

Business

'What's the point?' — EU lawmakers sink teeth into digital euro

The ECB says issuing digital money will help it keep pace with technology — but some MEPs are unconvinced if not downright hostile

Money

Cryptocurrency companies freeze accounts to block Hamas funding

Israeli law enforcement has been working with crypto companies to block fund flows to Hamas.

Money

Are we becoming a cashless society? Not Switzerland

Enough signatures have been acquired to put the issue of retaining traditional money to a national plebiscite under Switzerland's direct democracy.

Money

FTX latest: Bankman-Fried extradited to US and two others plead guilty

FTX crypto exchange founder Sam Bankman-Fried is being extradited from the Bahamas by US law enforcement.

Money

FTX founder Bankman-Fried's Bahamas case to resume

It is not immediately clear when Bankman-Fried’s extradition could occur once it is approved by the Bahamian court.

Money

FTX's Bankman-Fried arrested and charged with defrauding investors

FTX founder Sam Bankman-Fried had been under criminal investigation by US and Bahamian authorities following the collapse of the cryptocurrency firm.

Money

Bitcoin plunges to 2-year low as FTX collapse piles on the pressure

FTX’s new CEO John J. Ray III is looking to sell or restructure Sam Bankman-Fried’s fallen crypto empire.