64% Of French Companies Shaving Off Innovation Budgets
The latest reports indicate that many French firms are focusing on fewer and smaller innovation projects but striving to make them scale up. That is the real picture for corporate ...
Tag: European Union
EUR/USD Price Remains Above 1.12 As Lagarde Predicts Complicated Recovery
The EUR/USD pair is trading above 1.12 as ECB President Lagarde warns of a seriously complicated recovery ahead. Worries about the surge in United States COVID-19 cases and the Fed’s ...
Crypto Fundraising Now Popular In Asia and Europe, PwC Says
A majority of fundraising in the crypto sector has now shifted from the Americas to Europe, the Middle East, and Africa (EMEA). Also, the Asia Pacific regions (APAC) are getting ...
Malta’s Financial Watchdog Explains Security Tokens
The latest reports confirm that the Malta Financial Services Authority (MFSA) has released feedback about the definition of security tokens. The financial watchdog also highlighted the challenges that such assets ...
Libra Made Japan Take CBDCs Seriously; Ex-Central Banker Says
According to the former chief of payments and settlements at the Bank of Japan (BOJ), Facebook's Libra project made many central banks to consider the idea of digital currency issuance. ...
German Banks May Soon Transact Bitcoin: New Proposed Law
Reports coming from Germany suggest that a new bill in the country might allow banks to support the sale and custody of Bitcoin and many other cryptos by 2020. Handelsblatt ...
Global Stablecoins Threaten a Scrappy Europe; ECB Board Member
Benoit Coeure, a European Central Bank (ECB) board, has insisted that global stablecoins are largely untested. Therefore, they pose major potential risks across multiple policy domains like the European Union. ...
Libra is Here to Stay; French Tycoon Xavier Niel Says
Since Facebook revealed its Libra project’s whitepaper, it has faced major opposition from regulators and governments around the world. However, the latest reports indicate that the project is receiving unlikely ...
Thomas Cook Is Drowning, Not Even A Straw To Clutch At
Thomas Cook has been facing some severe turbulence recently. Almost all efforts to get back up have been thwarted even before they left the dock. Now, the company has turned ...
PayPal Endorses Facebook’s Libra, Citing Resemblance In Vision
Ever since Facebook unveiled its Libra project’s whitepaper back in June, regulators and governments have bashed it extensively. Some countries like China have taken the responsibility of developing state-owned tokens. ...