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First Bitcoin ATM Installed in ECB’s Own Backyard

Germany has just got its second Bitcoin ATM in Frankfurt, home of the European Central Bank, as the total worldwide machine count hits 4000 for the first time. Bitcoin ATM Arrives in Frankfurt As local media reported November 23, Bitcoin-Store Frankfurt in Germany’s financial center…

ECB Board Member: Bitcoin Is ‘The Evil Spawn Of The Financial Crisis’

An executive board member of the European Central Bank, Benoit Coeure is in the crypto news today for his statement that he considers Bitcoin as the ‘evil spawn of the financial crises. Coeure made this statement at the Bank for International Settlements in Basel. The…

SETL Granted License to Run Blockchain in Europe’s Securities Settlement System

U.K.-based startup SETL was granted a license from the Autorité des Marchés Financiers, the French financial watchdog, to run a blockchain-powered central securities depository (CSD). Blockchain Settlement Startup Promises to Help Cut Collateral Held up in Payment Systems As one of Europe’s biggest securities settlement systems,…

Europe, Japan and the ‘Drug’ of Quantitative Easing

Last month, news.Bitcoin.com examined the problem of quantitative easing (QE) and its impact on the U.S., and how such policies have spread to the rest of the world. This month, we continue to drill down on the phenomenon of governments printing trillions of dollars worth of…

The Daily: Binance Tests Fiat Exchange, Russians Mull Crypto Platforms

Binance, the leading cryptocurrency exchange, has announced it will start testing a fiat-to-crypto currency trading platform in Singapore and we’ve got the story in Sunday’s edition of The Daily. Also, two islands in Russia are competing to host the country’s first regulated exchange, and the…

ECB Has No Plans to Launch Digital Currency Due to Blockchain Immaturity

The European Central Bank (ECB) is not issuing a digital currency any time soon, according to President Mario Draghi. He’s argued that the blockchain technology is not mature enough for such a level of responsibility and physical cash remains widely used within the monetary union.…

No Plans For European Digital Currency: European Central Bank Confirms

Despite crypto regulation gaining a lot of attention these days, this article is following the recent ECB statements of their future plans concerning cryptocurrencies. The European Central Bank stated that it has no plans to issue its own digital currency. The president of the ECB…

European Central Bank: ‘No Plans’ for Digital Currency, Cash Demand Growing

The European Central Bank is not planning on issuing its own digital currency under current conditions, President Mario Draghi has confirmed. The European Central Bank (ECB) has “no plans” to issue its own digital currency, President Mario Draghi told the European Parliament Wednesday, September 12.…