Ten major European banks have joined forces to create a euro-backed stablecoin called Qivalis, aiming to launch in the second half of 2026. The token will offer faster, cheaper digital payments and settlements, providing a European alternative to US dollar-backed stablecoins.

EU finance ministers agreed on a framework giving them more control over the proposed digital euro, including limits on individual holdings. The project still needs European Parliament approval, with full issuance unlikely before 2028 amid concerns over privacy, stability, and regulatory burdens.

Survey: Half of Germans open to digital euro, but many unaware. Privacy concerns and need for information highlighted. Implementation by 2025, usage possibly by 2028.

The global race to define the future of money is intensifying, with over 130 countries and currency unions—accounting for 98% of the world's GDP—actively exploring CBDCs.

Recent data indicates that the total count of registered crypto entities across the 27-member bloc has reached at least 11,597, based on information sourced from official registers in member states.

Galaxy, DWS, and Flow Traders aim to disrupt the digital finance landscape with the introduction of AllUnity. Their collaborative effort, set against the backdrop of European regulatory advancements, seeks to bridge the gap between traditional and digital finance ecosystems.

Already, Italy, Croatia, Poland, Portugal, Slovenia, Luxembourg, and Romania have committed to the Europeum plan, with Belgium slated to host the project's headquarters.

UK's Mini Budget unveils Digital Securities Sandbox, propelling digital asset growth. Pioneering initiative fosters innovation, regulatory balance, and positions UK as a global financial leader.

Spain strategically positions itself within the realm of the digital euro, signaling a transformative trajectory for the financial landscape.

Finland's progressive push in pioneering digital Euro and redefining the European monetary landscape.