Although Europe lacks a pan-regional scheme to rival international card networks, building and igniting one means giving consumers and merchants a reason to get on board — something that is lacking today, says Gijs Boudewijn, general manager at the Dutch Payments Association. “There is hardly...
The EURM token is the latest euro-denominated stablecoin endorsed by Spain’s central bank. The new digital euro will be issued by Spanish FinTech Monei, which has been authorized by the Banco de España (BDE) to test the stablecoin in its regulatory sandbox, Spanish media has...
The European Commission is preparing to publish a draft payment law on Wednesday that will require payment service providers to offer 24/7 instant euro payment services, Reuters reported Tuesday (Oct. 25). Currently, Single Euro Payment Area (SEPA) instant payment rails have been beset by slow...
Predictable foreign exchange (FX) markets are what cross-border and import-export businesses seek in general. It’s easy to make plans on the assumption that exchange rates won’t change drastically. So with the pound plunging to an all-time low against the dollar on Sept. 26, the world...
March 31, 2023
Although Europe lacks a pan-regional scheme to rival international card networks, building and igniting one means giving consumers and merchants a reason to get on board — something that is lacking today, says Gijs Boudewijn, general manager at the Dutch Payments Association. “There is hardly any demand, especially not from consumers. They can get a […]
January 23, 2023
The EURM token is the latest euro-denominated stablecoin endorsed by Spain’s central bank. The new digital euro will be issued by Spanish FinTech Monei, which has been authorized by the...
October 04, 2022
Predictable foreign exchange (FX) markets are what cross-border and import-export businesses seek in general. It’s easy to make plans on the assumption that exchange rates won’t change drastically. So with...
July 04, 2017
Brexit is still being worked on, worked out and one wonders what workers will do. For the highly skilled employees of both the U.K. and the continent, including those in...
March 10, 2025
The Trump administration’s embrace of cryptocurrencies reportedly could accelerate the European Union’s (EU) adoption of a digital euro. European Stability Mechanism (ESM) Managing Director Pierre Gramegna told reporters Monday (March 10) that Europe’s monetary autonomy and financial stability could be threatened by the Trump administration’s interest in cryptocurrencies and dollar-denominated stablecoins, Bloomberg reported Monday. The Trump administration’s embrace […]
October 25, 2022
The European Commission is preparing to publish a draft payment law on Wednesday that will require payment service providers to offer 24/7 instant euro payment services, Reuters reported Tuesday (Oct....
June 02, 2021
In a new report, the European Central Bank says that the advent of a digital version of the euro could improve the currency’s global standing by making it easier for...
October 01, 2020
The European Central Bank (ECB) has taken what could be a big first step toward launching a digital currency. Even as it wraps up a study of the pros and...
