digital euro

BTC Outperforms The British Pound as GBP Falls Apart
BTC Outperforms The British Pound as GBP Falls Apart

Bitcoin beats fiat currencies by 55%. BTC/GBP exchanges were almost 1,100% higher on Monday than on any other day. The spike was most likely caused by traders trading the Pound for Bitcoin. According to market data firm Kaiko Research, trading volumes between the British pound and the cryptocurrency bitcoin reached a new high after the sterling fell on Monday, indicating a rush by investors to dump their pounds for the digital asset or benefit from arbitrage. The rising BTC/GBP transaction activity demonstrates traders’ preference for the most popular cryptocurrency.  The amount of crypto-fiat transactions on exchanges exceeded a record on

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Digital Euro, Swiss Franc Trial Successful. Pound Soon?
Digital Euro, Swiss Franc Trial Successful. Pound Soon?

The central banks of Switzerland and France announced the success of their CBDC trial. However, the CBDC trial success does not necessarily translate to the immediate issuance of their digital currencies. Meanwhile, Ripple has joined the Digital Pound Foundation. The central banks of Switzerland and France announced the success of their trial of a cross-border central bank digital currency (CBDC) between the euro and the Swiss franc. Named Project Jura, the trial is the first time that these tokenized fiat currencies saw full-scope testing. According to a report by Reuters, the trial exhibited the possibility of settling foreign exchange transactions

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