Eurozone

How Cryptocurrencies Can Mitigate Some of Brexit’s Negative Effects

</header> <strong>Brexit, the European divorce saga</strong> <strong>that has been going on for years, has created a lot of headaches for politicians and ordinary people on both sides of the Channel. The process of Britain leaving the European Union is now heading towards another one of its deadlines while London and Brussels are trying to separate …

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European Countries Step Up Response to Facebook’s Libra

<header class=”article__header”> </header> <strong>The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra can be regulated under EU laws.</strong> Also read: …

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Why the Birth of Bitcoin Can Be Traced Back to 1971

</header> <strong>The world economy is a complex system that has undergone many different phases in the past century. As strange as it may sound today, there have been times when banking crises were rare, pay was rising alongside productivity, and the U.S. dollar would buy a certain amount of pure gold. Despite its obvious successes …

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Initiative to Curtail Negative Interest Rates Gains Traction in Germany

</header> <strong>Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden</strong><strong> on to their customers. Some political factions in Germany, however, aren’t happy with the trend and are pushing for adequate protection for the ordinary small …

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Major Swedish Bank Orders Negative Interest Rate on Euro Deposits

</header> <strong>Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right now, unlike cryptocurrencies lately, leads …

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More Signs the Next Big Financial Crisis Begins in Germany

</header> <strong>Germany, the locomotive of Europe’s huge economy, is entering a difficult period, various indicators suggest. And when the Federal Republic sneezes, the Old Continent usually catches cold. This time, Germany may infect the rest of the world as well. An economic and financial crisis there would be a seismic event of global proportions. The …

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BCH Can Be the Global Coin for Daily Spending, Says Italian Crypto Executive

</header> <strong>Italy has had its share of economic problems in the past decade and a growing number of its citizens blame the euro for their country’s misfortunes. Italians, many of whom still prefer to use cash, are now turning their attention to cryptocurrencies such as <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>. Federico Pecoraro, the CEO …

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Spain’s 2gether Unveils Crypto Debit Card, as Polispay Is Forced to Cancel Its Mastercard

<strong>2gether, a Spanish banking platform, has announced the launch of its prepaid Visa debit card that allows holders to pay for goods and services using cryptocurrency. Customers can use the card to make payment in euros or via bitcoin core, bitcoin cash, ripple, ethereum, EOS, litecoin and stellar.</strong> Also read: Cboe Discontinues Bitcoin Futures for …

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