No less than nine leading European banks have teamed up to issue a euro-pegged stablecoin in a space dominated by U.S. dollar-pegged digital currencies. Participants say their project aims to provide ...

Finance ministers across Europe will meet on February 16 to decide how to fight back against the global control of the US dollar. According to a document prepared by the European Commission, they’ll ...

Nine major european banks have joined forces to launch a euro-denominated stablecoin regulated under the trading block’s Markets in Crypto Assets regime (MiCA). The banking giants involved are: ING, ...

The Council of the European Union endorsed the launch of the European Central Bank’s digital euro in both an online and a privacy-focused offline version. The Council of the European Union has backed ...

The European Central Bank (ECB) has released its third progress report on the digital euro preparation phase, spanning November 2024 to April 2025, alongside a letter from ECB Executive Board member ...

By Valentina Za MILAN, Feb 18 (Reuters) - The digital euro will be designed to protect European card schemes and keep banks at the core of the region's payments system, a senior European Central Bank ...