European Central Bank Advances Digital Euro Project to Preparation Phase

European Central Bank (ECB) Advances Digital Euro Project to Preparation Phase

The European Central Bank (ECB) is gearing up to bolster the euro’s digital future. In an announcement made today, the ECB disclosed its decision to transition into the next stage of the digital euro project, marking the commencement of the preparation phase. This development comes on the heels of an extensive investigation phase that began […]

France, Luxembourg Test CBDC for 100M Euro Bond Issue

France, Luxembourg Test CBDC for 100M Euro Bond Issue

Source: Coindesk France and Luxembourg have used an experimental central bank digital currency (CBDC) to settle a bond worth 100 million euros (US$104 million), the latest in a series of trials in tokenized financial markets. The Venus Initiative “shows how digital assets can be issued, distributed and settled within the eurozone, in a single day” […]

EU-regulated firm Banking Circle adopts USDC stablecoin

Original Source: Cointelegraph Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking. Banking Circle, a European bank focused on cross-border payments, is adopting a major U.S. dollar-pegged stablecoin for payment rails. The firm officially announced on Friday the adoption of the […]