Search results for euro zone
AI & Enterprise
ECB warns of shock scenario: Even if AI is real, stocks can still slump
European Central Bank economists warned that U.S. and European stocks near record highs on the back of an AI boom are likely to face a correction. In a blog, they outlined two scenarios: overheated investors pushing prices above fundamentals, and a case where AI boosts the economy but wider uncertainty drives up required risk compensation. They cited past technology revolutions and said euro zone investors may be exposed via funds heavy in the Magnificent 7.
Crypto
ECB selects 36 companies to test digital euro ahead of 2027 pilot
The European Central Bank has selected 36 payment service providers to take part in tests of the digital euro ahead of a pilot programme due to start in the second half of 2027. The ECB plans to move the project from the design stage to a testing stage and run a 12-month beta test. The list includes fintech firms such as Stripe and Revolut and banks including Deutsche Bank and UniCredit.
Crypto
June crypto card top-ups surge, bucking broader trading slump
Weekly top-ups for crypto cards hit a June peak, even as broader crypto trading sentiment remains subdued. Ten crypto-based projects reached highs in usage and transaction volume in June, and the top five set new usage records in early July. Growth is linked to wider stablecoin use and fintech integration, though some warn aggressive rewards and airdrop promises may be inflating demand. Regulatory scrutiny and custody structures remain key risks.
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AI & Enterprise
ECB urgently calls euro zone banks to discuss \'Mythos shock\'
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Finance
Kosdaq rally as semiconductors pause puts focus on this week\'s market direction
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Crypto
Bitcoin slips below $79,000; can bond outflows drive rebound?
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Finance
Anthropic\'s Mythos finds security gaps; U.S. banks rush patches
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Crypto
ECB president says central bank money infrastructure should come before euro stablecoins
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Crypto
Bitcoin holds above $81,000 amid derivatives stall; will rally continue?
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Finance
Digital euro to use European standards instead of Visa, Mastercard
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Economy
OECD sparks signs of wave of Korea growth downgrades amid Middle East vulnerability
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Crypto
European banks seek exchange ties ahead of 2026 stablecoin launch
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Crypto
ECB to push digital euro pilot in 2027, select payment firms in Q1 this year