ECB Backs Digital Euro, Trump Supports Dollar Stablecoins

January 30, 2025

Catenaa, Thursday, January 30, 2025 – The European Central Bank (ECB) has renewed its call for a digital euro, citing U.S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins as a key motivator for Europe to advance its own digital currency plans. ECB board member Piero Cipollone said Trump’s Jan. 23 order could disintermediate […]

Russia Advances Digital Ruble With Successful Budgetary Pilot

February 7, 2025

Catenaa, Thursday, February 06, 2025 – Russia’s digital ruble rollout has reached a new milestone after the government and Central Bank completed a pilot using the central bank digital currency (CBDC) for budgetary payments, officials confirmed last Wednesday, January 29.  The trial, conducted behind closed doors in late 2024, involved the Central Bank, the Treasury, […]