Tag: Europe

source: rollingstone.com

EU Officials Warn Trump’s Crypto-Friendly Stance Could Threaten Europe’s Financial Stability

European Union finance officials are concerned that U.S. President Donald Trump’s favourable stance on cryptocurrencies, particularly dollar-backed stablecoins, could threaten Europe’s financial stability and monetary sovereignty. Pierre Gramegna, managing director of the European Stability Mechanism, raised concerns during a Eurogroup press conference about the U.S. administration's crypto-friendly stance. He warned ...

Deutsche Telekom Ventures into Sustainable Bitcoin Mining with “Digital Monetary Photosynthesis” Project

Deutsche Telekom Ventures into Sustainable Bitcoin Mining with “Digital Monetary Photosynthesis” Project

Deutsche Telekom, Europe’s largest telecom provider, has entered the Bitcoin mining industry with an eco-conscious project leveraging surplus renewable energy. Named “Digital Monetary Photosynthesis,” the project aims to test how to utilize the surplus of Germany’s expanding yet unpredictable renewable energy resources, such as wind power, to power bitcoin mining ...

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