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European Central Bank Pushing for Digital Euro To Counter Trump’s Support for Stablecoins: Report

European Central Bank Pushing for Digital Euro To Counter Trump’s Support for Stablecoins: Report

The European Union’s central bank is reportedly pushing for a digital euro to counter US President Donald Trump’s embrace of dollar-pegged private sector stablecoins. European Central Bank (ECB) board member Piero Cipollone said at a conference on Friday that Trump’s new executive order on crypto could drive people away from banks, Reuters reports. “I guess […]

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JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

China and US Tighten Payment Grip on Europe—Can the Digital Euro Stop Them?

China and US Tighten Payment Grip on Europe—Can the Digital Euro Stop Them?Europe faces mounting pressure to secure its financial future as reliance on U.S. and Chinese payment giants grows, with China’s digital currency threatening dominance. Europe Risks Payment Dependence on China and U.S.—Digital Euro Is Key to Sovereignty A member of the executive board of Germany’s central bank, Burkhard Balz, highlighted the digital euro’s role in […]

JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

Top 5 Bitcoin critics unfazed by $100K BTC milestone

Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.

Bitcoin, the world’s largest cryptocurrency by market capitalization, is no stranger to criticism from economists, politicians, bankers and investors.

Since its launch in 2008, Bitcoin (BTC) has been subject to countless hateful and skeptical reviews, with some critics calling it a scam or prophesying that Bitcoin is poised to go to zero.

As Bitcoin has grown and matured in the past few years, some critics have reinvented themselves as Bitcoin lovers, while others have dialed back their reasons for disliking the cryptocurrency.

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JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

‘No to CBDC, yes to Bitcoin’ — European MP calls for EU BTC reserve

The European Parliament’s Sarah Knafo said it’s time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin.

European lawmaker Sarah Knafo called on the European Union to establish a strategic Bitcoin reserve while rejecting the proposed adoption of the “digital euro,” a central bank digital currency (CBDC) under development by the European Central Bank (ECB).

Knafo, a French magistrate and a member of the European Parliament since June, delivered a pro-Bitcoin (BTC) speech, calling on European lawmakers to launch a strategic BTC reserve.

“No to the digital euro, yes to a strategic Bitcoin reserve,” Knafo said in an X post, which included a video of her speech before the European Parliament.

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JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

Privacy Concerns Worry Germany About the Possible Implementation of a Digital Euro

Privacy Concerns Worry Germany About the Possible Implementation of a Digital EuroWhile the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about the privacy aspects of this implementation, as most transactions and payments are still made using cash, and citizens are reluctant to share their personal information. […]

JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

Privacy Fears Undermine Support for Digital Euro in Germany

Privacy Fears Undermine Support for Digital Euro in GermanySkepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing […]

JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

ECB Publishes Digital Euro’s First Progress Report

ECB Publishes Digital Euro’s First Progress ReportThe European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, highlighting key design features and ongoing developments. The report emphasizes high privacy standards for both online and offline payments, aiming to provide users with a cash-like level of privacy. First Progress Report on the Digital Euro Preparation Phase […]

JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

Digital Euro Holding Limit: Debate Continues

Digital Euro Holding Limit: Debate ContinuesThe president of Germany’s central bank has highlighted the ongoing debate about the holding limit for the digital euro, Europe’s central bank digital currency (CBDC). He noted that recent Bundesbank research indicates that the optimal amount could be in the range of 1,500 to 2,500 digital euros per person. ‘The Jury Is Still Out Here’ […]

JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’

ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of your core product is loosening attractiveness then you have to think about another new core product,” he stressed. ‘We Need to Speed up on All […]

JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

Deutsche Bundesbank President on Digital Euro: ‘The Eurosystem Has No Interest in Monitoring People’s Payment Patterns’

Deutsche Bundesbank President on Digital Euro: ‘The Eurosystem Has No Interest in Monitoring People’s Payment Patterns’Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess. During a speech, Nagel specified that the Eurosystem would have “no interest” in monitoring the payments and expenses of digital euro users and would not be able to identify them based on their payments. Deutsche Bundesbank President […]

JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice