Eurozone banks need a digital euro in response to U.S. President Donald Trump's efforts to promote a stablecoin, a cryptocurrency usually pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. That would help lure more customers away from banks and strengthen the case for the ECB to launch its own digital currency.
The European Union Commission has completed its investigation into social media platform X and will decide to fine it millions of euros.
According to the German business newspaper, the European Union Commission has completed its investigation of social media platform X and will decide to fine it millions of euros. (Jin Ten)
At the World Economic Forum in Davos, Switzerland, Trump blasted European Union regulators for targeting Apple (AAPL. O), Google (GOOG. O) and Meta (META. O), calling the European Union's charges against U.S. companies "a form of taxation." The European Union's strict regulation of big tech companies is known around the world, often sparring with major social media platforms such as Facebook and X over content moderation and clashing with companies such as Apple and Google over antitrust issues....
The preliminary value of the Eurozone Consumer Confidence Index in January was -14.2, expectations were -14.2, and the previous value was -14.5.
On January 22nd, the European Central Bank Governing Council Knott said that the obstacles to another interest rate cut next week are very small. The data is encouraging and confirms that we will return to our target. (Golden Ten)
European Central Bank Governing Council Member Knott said there are few obstacles to another interest rate cut next week. The data is encouraging and confirms that we will be back on target and hope to see the economy recover before making further judgments. (Golden Ten)
President Trump: The European Union will face tariffs.
On January 22nd, news broke that European digital asset platform Bitpanda will launch the Web3 suite, aiming to make Web3 technology accessible to a wider audience (from seasoned crypto enthusiasts to newbies). The Bitpanda Web3 ecosystem is supported by the Pantos protocol, which supports multi-chain interoperability, as well as the Bitpanda Ecosystem Token (BEST). Bitpanda's Web3 initiative will contain two key components: an uncustodial smart wallet and a Launchpad, with the wallet launching ...
Trump said he would impose tariffs on European Union goods.
The European Securities and Markets Authority (ESMA) said in a statement that the regulator has asked the 27 member states of the European Union to ensure that crypto asset service providers (CASPs) comply with its stablecoin rules "no later than the end of Quarter 1, 2025." ESMA said: "In practice, this means that CASP, which operates a crypto asset trading platform, is expected to stop trading all crypto assets that meet the conditions of ART and EMT but the issuer is not authorized in the Eur...
Gold pays attention to three strong obstacles, Europe and the United States have the upper hand, and the United States is vigilant against a selling pressure near the current price... Click to view the latest report
On January 21, Vice Minister of Commerce and Deputy Representative for International Trade Negotiations Ling Zhi presided over a roundtable meeting of European enterprises to listen to suggestions on the issues of European enterprises in China. Representatives from the Ministry of Finance, the State Food and Drug Administration and other departments attended the meeting. Ling Zhi said that China-EU economic and trade cooperation has a solid foundation, with deep integration of production and sup...
The main contract of the container shipping index (European line) rose by more than 8.00% during the day and is now trading at 1356.0 points.
According to Veronika Rinecker, the European Securities and Markets Authority (ESMA) has ordered crypto asset service providers (CASPs) to remove stablecoins that are not compliant with the Crypto Asset Markets Regulation (MiCA). Although ESMA did not specify which non-compliant issuers or stablecoins should be restricted, the move follows the European Union Commission's July 2024 guidance aimed at clarifying how the MiCA applies to crypto asset services involving non-compliant stablecoins. Befo...