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Tag: Euro

BRICS Discussing Single Unit of Account, Alternative to Dollar, Russian Finance Minister Says

August 24, 2023 wp-bot Bitcoin News

The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be

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Binance limits withdrawals in Europe, cites payment processor issues

August 21, 2023 wp-bot Cointelegraph

In a since-deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended euro transactions through SEPA.

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Nobel Laureate Paul Krugman States Argentina Should Adopt the Euro Instead of the US Dollar

August 21, 2023 wp-bot Bitcoin News

Economics Nobel laureate Paul Krugman recently stated that Argentina might be better off adopting the euro instead of the U.S. dollar amidst the devaluation of

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Crypto asset investment in Latvia declines by 50% over past year, per central bank

August 4, 2023 wp-bot Cointelegraph

According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.”

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Germany is dragging Europe’s economy down — and that’s great for crypto

August 4, 2023 wp-bot Cointelegraph

Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies.

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Eritrean President Isaias Afwerki: ‘We Need a New Financial Architecture Not Controlled by the Dollar or the Euro’

July 31, 2023 wp-bot Bitcoin News

Isaias Afwerki, president of Eritrea, reinforced the need for building a new economic system away from the traditional centers of power. At the second Russia-Africa

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