Digital Euro

Survey: Half of Germans open to digital euro, but many unaware. Privacy concerns and need for information highlighted. Implementation by 2025, usage possibly by 2028.

The global race to define the future of money is intensifying, with over 130 countries and currency unions—accounting for 98% of the world's GDP—actively exploring CBDCs.

Recent data indicates that the total count of registered crypto entities across the 27-member bloc has reached at least 11,597, based on information sourced from official registers in member states.

Galaxy, DWS, and Flow Traders aim to disrupt the digital finance landscape with the introduction of AllUnity. Their collaborative effort, set against the backdrop of European regulatory advancements, seeks to bridge the gap between traditional and digital finance ecosystems.

Already, Italy, Croatia, Poland, Portugal, Slovenia, Luxembourg, and Romania have committed to the Europeum plan, with Belgium slated to host the project's headquarters.

UK's Mini Budget unveils Digital Securities Sandbox, propelling digital asset growth. Pioneering initiative fosters innovation, regulatory balance, and positions UK as a global financial leader.

Spain strategically positions itself within the realm of the digital euro, signaling a transformative trajectory for the financial landscape.

Finland's progressive push in pioneering digital Euro and redefining the European monetary landscape.

After the recent withdrawal of Paysafe, leading cryptocurrency exchange Binance has announced a strategic collaboration with new fiat partners to cater to its Euro services.

Binance has formalised agreements with new fiat partners for EUR payments, deposits, and withdrawals but the new service providers involved in this collaboration were not disclosed.