The story of Plata cannot be understood without Russia's military offensive in Ukraine. The start of the war, in February 2022, forced hundreds of companies and thousands of professionals to exodus. The financier Neri Tollardo (Treviso, 32 years old) worked at the time at the main Russian digital bank, Tinkoff Bank. However, at the rate […]
Tag: digital
Digital euro, electronic yuan, virtual rupees: what state is it in and what is the new central bank money like? | Financial markets
The emergence of the global cryptocurrency that Meta wanted to launch, first called Libra and then Diem, was never consummated in the time and manner that Zuckerberg's company intended due to pressure from the authorities. However, as part of his legacy, he awakened curiosity in central banks about a digital version of the money that […]
The exploitation of cryptocurrencies by States: the creation of sovereign digital currencies
At the dawn of a new digital era, cryptocurrencies are emerging as the pioneers of a global financial revolution. These are progressing as legitimate currencies, thereby redefining the traditional dynamics of economics and finance. Recently, however, a new trend has emerged: the exploitation of cryptocurrencies by States for the creation of sovereign digital currencies. Governments […]
7 good reasons to adopt the digital euro
Among supporters of cryptocurrencies, few are in favor of central bank digital currencies, also called CBDCs. Their argument? A philosophy at odds with the original spirit of Bitcoin, precisely designed to protect against the arbitrary decisions of States and banks. However, the digital euro is a question of sovereignty for Europe, which must face the […]
euro digital central bank payment currency Europe
The notion of central bank digital currency remains, for most Europeans, a relatively abstract concept where confusion reigns supreme. All the surveys show this. When questioned, the general public appears to be very unfamiliar with the digital euro and is generally disinterested in this project, even though the Governing Council of the European Central Bank […]
Will the digital Euro replace traditional currency? Here's everything we know
The European Commission has presented a proposal defining the legal framework for a possible digital euro that would operate alongside cash. We tell you everything we know about this new electronic money. Credit: 123RF The EU's central banking authority wants to modernize the euro to adapt it to the digital age and make the EU […]
PayPal: 25 years at the forefront of innovation in the digital payments sector | Banking and insurance
If there is a company that can boast of being 100% digital native, it is PayPal, a platform that allows companies and consumers to send and receive payments over the Internet in a secure, comfortable and profitable way. Since its birth in 1998, in Silicon Valley, the brand has not stopped evolving and growing at […]
Digital euro: 4 keys to understanding digital currencies that replace bank notes (and why they have nothing to do with bitcoin)
July 25, 2023 Photo credit, Getty Images Image caption, The European Commission has proposed the creation of a digital euro. If you hear about digital currencies, chances are the first thing that comes to mind is cryptocurrencies such as bitcoin. However, there are other virtually unknown digital currencies that are quietly making their way through […]
The digital euro will become legal tender, but for what purpose?
Two years after the launch of the project, the digital euro, the digital version of the European currency, will be equipped with a first legislative framework. The European Commission proposed on Wednesday June 28 two proposals for regulations to regulate the use of this new digital asset, intended as an alternative to cash in an […]
Single currency package: new proposals to support the use of cash and provide a framework for a digital euro
The European Commission today presented two proposals aimed at ensuring that citizens and businesses can continue to have and pay with euro notes and coins across the euro area, and to set out a framework for a possible new digital form of the euro, which the European Central Bank could issue in the future, in […]