euro pacific bank
Peter Schiff’s Bank Investigated in Global Tax Evasion Probe, Gold May Be Dirty
Peter Schiff’s Euro Pacific Bank is currently under a tax evasion probe for hosting numerous financial accounts suspected of tax evasion crimes.
Puerto Rican Regulators Closes Peter Schiff's Bank - a Case for Decentralization?
Puerto Rican authorities have closed down the Euro Pacific Bank, a local financial institution that belongs to Peter Schiff, the world’s most vocal Bitcoin (BTC) critic.
European Central Bank Assesses Potential Digital Euro CBDC Issuance
The European Central Bank (ECB) evaluated whether a digital euro would be a beneficial addition to its financial system through an October report.
Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain
The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.
Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey
Do Europeans want a decentralized digital euro that does not rely on a central intermediary? The European Central Bank is asking for public opinion on CBDC with a new survey.
Bitcoin Billionaire Winklevoss Slams European Central Bank Money Printing Despite Strong Euro
Bitcoin billionaire and Gemini Exchange Founder Tyler Winklevoss Slams European Central Bank's continued stimulus and low refinancing rates despite a strong Euro.
ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro
President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.
ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash
Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.
Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project
The Italian Banking Association, Associazione Bancaria Italiana (ABI) has decided to participate in projects and experimentations of a European central bank digital currency, recently known as the digital euro.
What Global Regulators Think of Libra: The Asia Pacific Edition
Libra, the new cryptocurrency by social media giant Facebook, has generated controversy with lawmakers and regulators globally since its announcement in June of this year. Concerns were mostly revolved around the stablecoin potentially disrupting the global financial system. The scrutiny towards Facebook aims at the fear that the new digital currency could possibly take power away from the governments.
German Finance Minister Calls for Speedy Interventions in the Rollout of a Digital Euro
German Finance Minister, Olaf Scholz, sees the digital euro as an ideal innovation to meet the high demand for digital money from businesses and consumers in Europe.
European Central Bank is Consulting the Public on CBDC
The European Central Bank has launched a public consultation to seek public opinion on its proposed digital Euro or central bank digital currency (CBDC).
Tezos Blockchain Chosen for French Digital Euro by Societe Generale-Forge
Societe Generale-Forge has selected the Tezos blockchain for its central bank digital currency (CBDC) experiment with the French central bank.