France to experiment with central bank-issued digital currency in 2020. In a conference hosted by ACPR, the Bank of France Governor Francois Villeroy de Galhau said that the central bank will start the test soon for the digital currency. The results of the experiment will be shared before the end...
Europe
After continued five years of negative rates imposed by the European Central Bank, some banks in Germany now have passed-on the charge to their retail clients for all their savings in the account. Earlier many banks pass on the ECB’s charges only to large corporations or wealthy clients, and for...
€400 million was decided to be funneled into AI and blockchain projects in Europe. The decision was made by the European Commission as well as the European Investment Fund. The investment is going to put the European Union in a leading spot in terms of funds invested in the blockchain...