English

Money

Money

North Korean hackers suspected in €332.8m crypto heist as it leads global hacks

ADVERTISEMENT

Money

Hackers impersonating government agency hit Revolut customers in the UK

Business

Spanish workers spend the equivalent of 231 days paying taxes, study says

Business

Intesa launches bid for MPS, would become Europe's No 2 bank

ADVERTISEMENT

ADVERTISEMENT

Economy

Silent wealth drain hitting European savers: Is your money at risk?

The Director General of the European Fund and Asset Management Association tells Euronews how European savers are missing their biggest opportunity to build wealth.

Poland

550 tonnes: Poland has more gold than the European Central Bank

The National Bank of Poland has increased its bullion reserves to around 550 tonnes, valued at more than €63 billion.

Markets

As stablecoins rise, how are governments responding worldwide?

Stablecoins experienced a record-breaking year, driven by both major countries and companies incentivising their use worldwide.

Markets

The business of predicting the future is booming despite EU pushback

Prediction markets are ushering in a new era where collective judgement and "crowd wisdom" are no longer theoretical concepts but tradable commodities. Yet despite their growing success, they remain banned in many EU countries.

ADVERTISEMENT

Business

PayPal moves to establish US bank, expanding deposits and loans

PayPal has applied to establish a Utah-chartered bank, a move that would allow the firm to hold deposits and increase lending capacity to small businesses.

Money

How to avoid common pitfalls in the world of online gambling

Most countries in the European Union allow at least some online gambling. Here's how to stay safe when making bets.

Money

Could AI prevent money laundering and combat financing terrorism?

In a demonstration, Strise showed a company portfolio where warning signs flashed over a possible Russian oligarch ownership.

Money

New PayPal, OpenAI deal means customers can buy directly on ChatGPT

Customers will soon be able to purchase goods directly through OpenAI’s ChatGPT by using PayPal.

Money

US President Trump pardons convicted Binance founder Changpeng Zhao

Changpeng Zhao, known as "CZ," stepped down as head of the world's largest cryptocurrency exchange and pleaded guilty to money laundering in 2023.

Economy

Rome clears EU-bound budget draft with healthcare trims

With the EU’s filing deadline looming, Rome approved its draft budget plan on Tuesday and will reconvene this Friday to lock in the tax cuts and funding. That's before sending the full budget bill to parliament by 20 October.

Money

UK says ‘high-tech push’ saved over €550 million in public fraud

Results from early tests show that a new AI fraud prevention tool could slash the time to identify fraud risks by 80 per cent.

Europe in Motion

Sweet tooth: Where in Europe are chocoholics paying the most?

Driven by a poor harvest in Ghana and Côte d'Ivoire, chocolate prices have surged globally. Poland saw a 39.1% increase, the highest in the EU.

Money

Will Poland and Europe miss out on crypto due to over regulation?

The cryptocurrency industry is growing fastest in Asia, and with Donald Trump's second term, the US has joined the race. Meanwhile, Europe has focused on regulating this new sector of the economy. What does this mean for businesses and customers?

EuroVerify

Will flying outside the EU subject French to stricter tax audits?

A viral video claiming that French people getting on a flight to a non-EU destination will be subjected to stricter tax controls has spurred outrage. However, this measure is nonexistent.

Money

Why China is expanding into digital currencies

China launched its own digital yuan, the e-CNY issued by its central bank, on a trial basis in 2019.

Markets

Bitcoin hits new record as crypto scores US legislation win

Bitcoin hit a new all-time high as the world’s most popular cryptocurrency reached price levels not seen since President Donald Trump’s inauguration.

Money

Kidnappers are targeting crypto entrepreneurs in France for ransom

French media reported that the alleged hostage-takers cut off one of the man's fingers.

Economy

Where do workers pay the highest and lowest taxes across Europe?

Personal income tax rates vary significantly across Europe, with Nordic countries paying the highest and Eastern European countries the lowest. Euronews takes a closer look at the key factors that influence how much individuals pay in tax.

EuroVerify

Is the EU banning American credit cards?

Social media users allege that ECB President Christine Lagarde has announced plans to get rid of the likes of Visa, Mastercard and PayPal.

EuroVerify

No, Norway and Sweden haven't banned digital transactions

The claims appear to have sprung from reports that the Nordic countries have started advising citizens to keep a supply of cash at home in the case of a digital banking crisis.

Load more

Money

Bybit closes $1.5bn gap after ‘largest crypto heist of all time’

A Dubai-based crypto exchange lost $1.5 billion to hackers in what is being called the biggest digital heist of all time.

Money

Should European banks consider holding crypto in their reserves?

The Czech National Bank (CNB) is the first in Europe to examine whether to add cryptocurrency to its reserve assets. Will other countries follow suit?

Money

Can a carbon credit-backed currency help us fight climate change?

Toco believes its novel monetary system is a solution for the climate crisis that doesn’t compromise economic growth, but sceptics question whether a lack of oversight will undermine its impact.

Money

Who is David Sacks, Trump's pick for crypto and AI czar?

President-elect Donald Trump tapped David Sacks to be his new man on artificial intelligence (AI) and crypto. Here’s what we know.

Money

Ledger marks 10th anniversary with new multi-million euro Paris HQ

Euronews Next went to the new nine-story building in Paris as the company marks its tenth anniversary.

EuroVerify

No, Christine Lagarde doesn't want to scrap cash for climate

A video is being shared on social media which allegedly shows Christine Lagarde, president of the European Central Bank, calling for the abolition of cash in order to reduce our carbon footprint.

Money

Which countries in Europe are most prepared to go cashless?

The Nordic countries are leading the way for adopting a future without cash transactions, while Armenia, Georgia, and Germany fall behind, according to a recent analysis.

Markets

Bitcoin reaches all-time high as Trump support for crypto gathers pace

The price of Bitcoin reached $97,000 on Thursday, climbing 4.54%, marking an all-time high for the cryptocurrency.

Business

European mobile payment system Wero launches in Belgian banks

Wero, the new European mobile payment system, has launched in Belgian banks this week.

Money

Where do US presidential candidates Trump and Harris stand on crypto?

Euronews Next breaks down Trump and Harris’ views on the crypto industry, which has contributed millions to the election.

Money

FTX collapse: Caroline Ellison handed 2-year prison sentence for fraud

The former FTX crypto executive was shown leniency by the judge in New York, acknowledging her "very, very substantial" cooperation with prosecutors.

Money

Over 130 countries now exploring digital currencies as interest soars

Central banks worldwide are now looking into digital currencies, according to a new study from a US think tank.

Load more

Money

Europe's rival to Visa and Mastercard soon to roll out in Belgium

US payment giants Visa, Mastercard, PayPal, Apple and Google Pay are getting a new rival in Europe: it's called Wero and it's already available to some consumers in Germany and by the end of July in Belgium - how does it work and what are its features?

Money

Apple opening payments on iPhones solves EU competition concerns

Banks and other potential rivals previously argued it’s unfair they’re forced to use software controlled by the tech giant.

Markets

Decoding the digital euro: A potential new means of payment

The European Central Bank (ECB) is working on the preparatory phase of the digital euro to make it as close to cash as possible in terms of privacy, safety, and accessibility — yet stakeholders remain concerned about its design and necessity.

Money

Central banks should exploit AI ‘gold rush’, report says

The Bank for International Settlements is bullish over applications for machine learning – despite many limitations.

Europe News

Cryptocurrency law coming in: Prepare for a bumpy ride

New Brussels legislation seeks to put an end to scams and turmoil that have characterised markets like bitcoin, but few if any seem set to comply.

Business

Commission probes AI finance risk as it finalises new law

Overusing robots could lead to bias, panic or just bad advice, officials worry.

Money

FTX's collapse: A timeline of how the crypto giant imploded

FTX has announced it will be paid back most of its customers two years after it collapsed. Here's how we got to that point.

Money

FTX to return money to most customers nearly 2 years after collapse

Collapsed crypto exchange FTX said it will return money to most customers less than two years after its catastrophic implosion.

Money

US prosecutors seeking 3-year jail term for Binance's Changpeng Zhao

Prosecutors in the US are seeking a 3-year prison sentence for Binance founder Changpeng Zhao ahead of his sentencing for money laundering.

Markets

What's going to be different with the halving of Bitcoin this time?

Bitcoin prices usually rise for several months following a halving event. However, this time, the market expects the halving to be different.

Money

Swiss fintech offers accounts for people from struggling economies

The Swiss fintech company nsave is developing an offshore bank account to help those from "distressed economies" secure their money from currency depreciation.

Money

What does Sam Bankman-Fried’s sentence mean for crypto?

The SBF saga saw many people lose their life savings, causing them two years of stress.

Load more

Money

Spain puts temporary ban on Worldcoin scans over privacy concerns

Spain has put a temporary ban in place on Worldcoin eyeballs scans, citing concerns over privacy.

Money

FTX founder's lawyer calls 100-year recommended sentence 'grotesque'

FTX founder Sam Bankman-Fried's lawyer asks judge to reject 100-year recommended sentence.

Europe News

MEPs approve measures to tackle impersonation scams

New EU rules aim for easier access to cash with fairer charges, Poland’s Marek Belka said.

Money

Finfluencers warned over investment advice

Social media promotions may breach EU rules against financial-market abuse, ESMA said.

Europe News

Lawmakers seek to limit spoofing scams

A bid to cut a rising source of payments fraud could leave telco operators on the hook.

Money

Fallen crypto company Terraform Labs files for bankruptcy in the US

Do Kwon, who owns a 92 per cent stake in the company, is currently in custody in Montenegro for using falsified documents to leave the US in March.

Business

Apple, under Brussels pressure, agrees to open up iPhone payments

Banks and other rivals had complained the dominance of Apple Pay was anti-competitive.

Money

Euroviews. Are we trading Bitcoin’s price for its centralisation?

We can protect Bitcoin’s long-term value by diversifying how and where we invest in it and keeping a close eye on the custody practices and decentralisation (or lack thereof) of these financial products, Marc Taverner writes.

Money

US regulators approve first bitcoin ETFs in win for Wall Street

US regulators have given 11 bitcoin ETFs the green light.

Money

US SEC chair denies a Bitcoin ETF has been approved

The US Securities and Exchange Commission said that they had "not approved the listing of spot bitcoin exchange-traded products".

Money

Ho, ho, no: How to protect yourself against cybercrime over Christmas

Don’t let your cyber guard down this festive season if you don’t want to be targeted by online hacks, spoofs, and scams. This is how to protect yourself.

Money

'World's first' blockchain payments made at the Bank of England

The aim is to set up a series of regulated, blockchain-based "institutional grade" payments systems for other core currencies overseen by their home central banks.

Load more

Money

A Bitcoin transaction uses the same amount of water as a swimming pool

Bitcoin could make a change to make the cryptocurrency more environmentally friendly.

Business

'What's the point?' — EU lawmakers sink teeth into digital euro

The ECB says issuing digital money will help it keep pace with technology — but some MEPs are unconvinced if not downright hostile

Money

Binance CEO CZ steps down amid anti-money laundering guilty plea

Changpeng Zhao, known as "CZ", plans to step down as CEO of the world's largest cryptocurrency exchange and plead guilty to felony charges.

Business

EU seeks to make 10-second instant bank payments a reality

A legal deal struck late Tuesday could put an end to long waits to transfer money across borders

Money

FTX crypto 'king' found guilty on 7 counts of fraud and conspiracy

"Sam Bankman-Fried perpetrated one of the biggest financial frauds in American history - a multibillion-dollar scheme designed to make him the king of crypto," US attorney Damian Williams said in a statement after the verdict.

Money

Shoppers decry ‘shrinkflation’, ‘skimpflation’ as businesses cut costs

In its annual Life Trends report, Accenture Song analysts found businesses are sacrificing “customer obsession” to protect profits.

Money

Cryptocurrency companies freeze accounts to block Hamas funding

Israeli law enforcement has been working with crypto companies to block fund flows to Hamas.

Money

Bitcoin gives up gains after BlackRock denies crypto media report

Bitcoin rose suddenly on Monday over a now-retracted media report.

Money

Most purchase scams now start on social media, says major UK bank

New data released by British bank Barclays shows almost nine out of 10 purchase scams start on social media.

Money

Worldcoin's iris ID technology will extend to companies and government

The cryptocurrency project with an iris-based identity verification system intends to allow companies and governments access to its cutting-edge ID technology.

Money

Coinbase becomes latest target of a SEC lawsuit amid crypto crackdown

The lawsuit filed by the SEC comes a day after Binance, the world's largest crypto exchange, was also hit by legal action by US regulators.

Money

What is happening with Binance? The SEC lawsuit explained

According to a lawsuit filed by the US SEC, Binance and its founder have mishandled funds and violated US securities laws.

Load more

Money

Recession fears grow amid stubborn inflation and rising interest rates

As inflation bites, the UK is bracing for further interest rate hikes and the risk of a recession. Germany is already there.

Money

Why is inflation higher in the UK than in the EU?

As the Bank of England hikes interest rates to keep prices in check, the UK's inflation rate remains worse than the EU's. Here's why.

Money

Bhutan's big secret: Sustainable crypto-mining to fund its economy

The South Asian kingdom hopes to become the second country in the world to run its state-owned crypto mine.

Money

Moroccan court upholds French man's jail sentence for using Bitcoin

Thomas Clausi has been fined €3.4 million and sentenced to 18 months in prison for using cryptocurrency, which Morocco considers illegal.

Money

JPMorgan to take over deposits of troubled First Republic Bank

After Silicon Valley Bank and Signature Bank, First Republic is the third midsize bank in the US to fail in just two months.

Money

UK inflation is stubbornly high. How do EU countries compare?

Inflation remains above 10 per cent in the UK while it's in the single digits in the EU. Which countries are being hit the hardest?

Economy

Eurozone inflation falls sharply but core rate reaches new record high

Annual inflation across the eurozone fell from 8.5% in February to 6.9% in March, one of the steepest drops in recent years.

Money

FTX founder Sam Bankman-Fried charged with paying $40m bribe

FTX filed for bankruptcy in November when it ran out of money after the equivalent of a bank run on the global cryptocurrency exchange.

Economy

Explained: Why the EU's banking union is still unfinished business

The banking union was first pitched in 2012, at the height of the eurozone crisis, but the project remains incomplete to this day.

Money

First Citizens Bank to buy collapsed Silicon Valley Bank

All of SVB's deposits and loans will be taken over by its rival First Citizens Bank, US regulators said late on Sunday.

Money

Terra's Do Kwon arrested in Montenegro months after £40bn crypto crash

Interpol was asked to arrest the South Korean following the $40 billion (€37 billion) collapse of crypto platform Terra and its two stablecoins.

Money

Silicon Valley Bank's collapse reignites debate on crypto benefits

The Silicon Valley Bank collapse shows cryptocurrency and blockchain are superior technology for running the financial system, say crypto advocates.

Load more

Money

Silicon Valley Bank collapse: Is my money safe in Europe and the UK?

How you can keep their money safe when banks collapse like the Silicon Valley Bank in the US

Money

Fact check: What's true in the blame game over SVB's collapse?

US politicians wasted no time turning the collapse of Silicon Valley Bank into a blame game. Euronews has fact-checked each side's accusations.

Money

How is Europe dealing with the Silicon Valley Bank collapse fallout?

The collapse of SVB, the biggest bank failure since 2008, has reverberated around the world. What is being done to limit the fallout?

Money

HSBC to buy the UK subsidiary of collapsed Silicon Valley Bank

HSBC has agreed to acquire the UK subsidiary of Silicon Valley Bank for just £1 (€1.13) in a bid to protect the country’s tech sector.

Money

Silicon Valley Bank failed. Here's how and why it happened

Here's what to know about why SVB failed, who was affected most, and how it may or may not affect the wider banking system.

Money

Silicon Valley Bank collapse the largest since 2008 financial crisis

The US, and the technology sector which were among its biggest customers, face another Lehman Brothers moment with the failure of SVB.

Money

This is what countries in Europe will pay for you to have a baby

Financial concerns are discouraging young adults in the UK from having children. Which child benefits do other countries offer?

Money

Sam Bankman-Fried faces new fraud charges over FTX collapase

New charges were filed against the founder of the FTX crypto exchange, meaning he could now face 155 years in prison.

Money

Are we becoming a cashless society? Not Switzerland

Enough signatures have been acquired to put the issue of retaining traditional money to a national plebiscite under Switzerland's direct democracy.

Money

King Charles III will not feature on Australian bank notes

King Charles III will not feature on Australian bank notes as the UK monarch is replaced by an indigenous design.

Money

Collapse of FTX prompts 'robust' new crypto regulations in the UK

The UK's finance ministry said it wanted to set new standards to stop the flow of "dark money" after the collapse of the crypto exchange last year.

Economy

Eurozone surprises by avoiding contraction in last quarter of 2022

France, Spain, Belgium and Portugal were among those who posted positive growth, while Germany, Italy and Austria contracted.

Load more

Economy

IMF improves economic forecast for the eurozone and Russia

The eurozone was "more resilient than expected," the International Monetary Fund said in its latest forecast.

Money

Food costs are still rising. Where in Europe is being hit the worst?

While rates of inflation are slowly falling, the price of food in Europe is still rising. These are the countries bearing the worst of the costs.

Economy

Gas prices fall, inflation eases. Can the eurozone escape a recession?

"It's not a brilliant year but it is a lot better than what we had feared," European Central Bank President Christine Lagarde said last week.

Money

Four apps to help you keep track of your spending

In low spirits because of high prices? Here are some tips to track your expenses and stick to your budget.

Economy

More than 550 firms still do business in Russia. Many are from the EU

According to a Yale University database, European companies like Boggi, Benetton, Lacoste and Philips are still doing "business as usual" in Russia.

Economy

Germany & France account for most EU subsidies. Why is that a concern?

The US Inflation Reduction Act has triggered an intense debate in the EU that pits industrial subsidies against fair competition.

Money

Oxfam urges windfall tax on food companies as Davos opens

Over the past two years, the world’s super-rich 1 per cent have gained nearly twice as much wealth as the remaining 99 per cent combined, says Oxfam.

Money

Crypto lender Nexo faces organised crime probe in Bulgaria

Nexo’s offices in Sofia were raided by authorities on Thursday as part of an investigation that alleges the crypto company is involved in money laundering, tax crimes and computer fraud.

Economy

Nearly half of Europeans say their standards of living have declined

The latest Eurobarometer reflects growing pessimism across the EU as the cost-of-living crisis begins to bite.

Economy

Explained: What is core inflation and what it says about the economy

Core inflation attempts to give a more precise picture of the health of the economy and people's purchasing power.

Money

One-third of the world faces recession in 2023, IMF warns

The new year is going to be "tougher than the year we leave behind," says IMF Managing Director Kristalina Georgieva.

Money

Mango Markets: Trader who took $110 million from exchange arrested

Avraham Eisenberg was arrested in Puerto Rico on Monday.

Load more

Money

FTX customers file class action lawsuit against the crypto exchange

The lawsuit is the latest legal effort to lay claim to the dwindling assets of FTX, which is already feuding with liquidators in the Bahamas and Antigua.

Money

FTX founder Sam Bankman-Fried to be released on $250 million bail

The 30-year-old FTX founder was shackled at the ankles when he entered the courtroom in the US.

Money

FTX scandal: Who are Caroline Ellison and Gary Wang?

Caroline Ellison and Gary Wang worked closely behind the scenes on the impressive rise of crypto trading company FTX. They also helped to bring about its downfall.

Money

FTX latest: Bankman-Fried extradited to US and two others plead guilty

FTX crypto exchange founder Sam Bankman-Fried is being extradited from the Bahamas by US law enforcement.

Money

Only 3% of firms in Europe to boost salaries in line with inflation

Record levels of inflation have seen the cost of living rise across Europe.

Money

FTX founder Bankman-Fried's Bahamas case to resume

It is not immediately clear when Bankman-Fried’s extradition could occur once it is approved by the Bahamian court.

Money

The Dutch tulip farmer swapping gas for heat from Bitcoin mining

A greenhouse in the Netherlands is using the heat generated from cryptocurrency mining to partially heat its large premises, saving on its gas bill.

Money

FTX's Bankman-Fried arrested and charged with defrauding investors

FTX founder Sam Bankman-Fried had been under criminal investigation by US and Bahamian authorities following the collapse of the cryptocurrency firm.

Economy

What is a recession? Is Europe already in one? It's not easy to tell

Russia's war in Ukraine and the global energy crisis have drastically worsened Europe's economic outlook.

Money

Bitcoin plunges to 2-year low as FTX collapse piles on the pressure

FTX’s new CEO John J. Ray III is looking to sell or restructure Sam Bankman-Fried’s fallen crypto empire.

Money

Two Estonians accused of €560 million cryptocurrency fraud scheme

The suspects allegedly defrauded victims by luring them into entering fraudulent equipment rental contracts with a cryptocurrency mining service and investing in a fake virtual currency bank.

Money

The latest on FTX: Bankruptcy, lost crypto and criminal probes

The saga has highlighted a volatile market and prompted calls for better regulation across the crypto industry.

Load more

Money

Bitcoin drops as Binance ditches FTX bailout. Is this a crypto crisis?

Euronews explains how a new crypto crisis may have engulfed crypto kid Sam Bankman-Fried’s FTX.

Money

Is crypto Twitter’s new future? This is what could change

While other social media companies, most famously Facebook and its Libra coin, have tried and failed to use cryptos or implement wallets, Twitter could be successful.

Money

France, Switzerland and Singapore test cross-border CBDC payments

Their central banks are trialling DeFi protocols to automate foreign exchange markets. Should the crypto industry worry?

Europe Decoded

Why do central banks raise interest rates to curb inflation?

Banks hope that if borrowing money becomes more expensive, consumer demand will fall, bringing down prices along the way.

Economy

European Central Bank announces new super hike of interest rates

The eurozone's central bank intends to make spending more expensive in order to bring down prices.

Money

EU pushes for banks to offer instant payments at no extra cost

Brussels says the move will make the European economy more efficient and bring savings for businesses and customers alike.

Money

How are European countries helping people pay their energy bills?

Countries are stepping up to help their citizens pay the bills this winter, when households are expected to bear the brunt of the energy crisis.

Money

What a Sunak premiership could mean for UK crypto

Earlier this year, Rishi Sunak pitched plans to turn the UK into a “crypto hub”.

Money

Soaring inflation: Where can you get the cheapest cup of coffee?

Thanks to rising inflation, the price of coffee has jumped by 17 per cent across Europe. But where does a cup now cost you the most?

Money

Norway’s digital currency experiment: What is it and how does it work?

Norway’s central bank tells Euronews Next more about its experiment with a national digital currency.

Money

Kim Kardashian to pay €1.29 million over undisclosed crypto ad payment

The reality TV star had not disclosed she was paid a large sum to promote the cryptocurrency on her Instagram account.

Money

Inflation in Turkey tops 83% as Erdogan vows more rate cuts

While most Western countries are in the process of raising interest rates to keep inflation in check, Turkey is doing the exact opposite.

Load more

Europe News

Russia and Germany to fall into recession as economic outlook darkens

The eurozone will expand by just 0.3% in 2023 but could fare much worse if the energy crisis further deteriorates.

United Kingdom

UK announces plan to slash tax and boost investment

"We won't apologise for managing the economy in a way that increases prosperity and living standards," said UK chancellor Kwasi Kwarteng

Money

UK financial watchdog warns users against crypto exchange FTX

"This firm is not authorised by us and is targeting people in the UK," the Financial Conduct Authority said in a statement.

Money

Is crypto’s Do Kwon on the run from authorities?

The wanted Terra developer is reportedly trying to evade South Korean authorities, but he denies being on the run.

Money

The Ethereum 'Merge' has happened: here's what's changing

Ethereum’s switch could cut the platform's carbon emissions by 99 per cent and cause regulators to put more pressure on energy-hungry Bitcoin mining.

Money

These EU countries have spent €300bn to ease the cost of living crisis

Some countries in the eurozone are spending more than others to tackle the rising cost of living for their citizens.

Money

Why 'Bitcoin City' hasn't taken off in El Salvador

A major part of the problem is that the drop in the value of Bitcoin and other cryptocurrencies has alienated investors.

Money

Why Europe faces an energy crisis and what is being done about it

What you need to know about Europe's energy crisis and what you can do to keep your bills in check this winter.

Money

Is the global economy sliding into recession and what could it mean?

Escalating inflation, the war in Ukraine and low consumer confidence are spelling headwinds for the global economy.

Money

Bitcoin and other cryptos drop as interest rates rise

Bitcoin prices are now down more than 50 per cent from a year ago.

Money

Is it wise to take out a loan to invest in crypto?

A recent US survey found that 21 per cent of investors took out a loan to pay for crypto. Why are people choosing to do it and is it a good idea?

Money

What is shrinkflation, skimpflation and stagflation?

As economic panic sets in, many are worried about inflation and especially stagnation and are fed up with skimpflation. But what do these terms mean?

Load more

Money

The countries where Bitcoin and crypto are banned or restricted

While some countries like El Salvador are embracing cryptocurrencies, others like China are leading sustained crackdowns on their use.

Money

Crypto scam: Binance exec claims hackers used ‘deepfake’ of him

The head of communications for the cryptocurrency platform said scammers tricked crypto project founders into meetings using a deepfake of him.

Money

What is 'cashstuffing,' the latest money-saving TikTok trend?

The generations born in the digital age are turning to an old-fashioned practice for saving money.

Money

Are these the 10 most crypto-friendly countries in the world?

Crypto has taken off around the world, going from hype to reality - but digital currency hasn’t been embraced with the same enthusiasm everywhere.

Money

Terra CEO Do Kwon: 'I alone am responsible for any weaknesses'

Terra CEO Do Kwan says the stablecoin was not a Ponzi scheme because the earliest investors were among the hardest hit by the crash

Money

Ethereum takes a big step to becoming greener

The Merge upgrade will make Ethereum less energy intensive and therefore a mightier competitor to Bitcoin.

Money

Could Australia clamp down on cryptos? Regulators hope so

Nearly half of Australian retail investors owned cryptocurrency in late 2021 and more got their information from YouTube videos than from financial advisers.

Money

Amid inflation and a cost of living crisis, is cash making a comeback?

As prices rise, the UK Post Office has seen record levels of cash withdrawals. But does this mean people are turning more to cash and away from cards?

Money

Inflation: What are governments doing to ease the financial pain?

As record inflation bleeds the pockets of people dry with rising living costs, can your government do anything to help? This is what some are doing.

Money

Inflation explained: Your guide to what it is and how to deal with it

What is inflation, where does it come from and how to handle its fluctuation? Here’s everything you need to know about it.

United Kingdom

Big interest rate hike in UK as Bank of England predicts recession

The country's central bank also announced the biggest interest rate hike in over 27 years in an attempt to curb the economic fallout caused by the war in Ukraine.

Europe Decoded

For the Russian banks banned from SWIFT, are there any options left?

SWIFT is the leading system to carry out financial transactions, but it is not the only one.

Load more

Money

Latest crypto hack attack on Solana has cost users $8m so far

Crypto hacks are posing questions about the security of DeFi, an emerging financial technology that uses blockchains.

Money

Can the US dollar be toppled as the world's premier reserve currency?

The power of the dollar as the world’s premier reserve currency gives the US far-reaching advantages over its rivals. But with Russia and other BRICS nations signalling their intention to challenge this power, is it under threat?

Money

Bitcoin and other cryptos enjoy a moment of relief

Cryptocurrencies have been struggling since the start of 2021, with Bitcoin down roughly 50 per cent in value since then.

Money

McDonald’s hikes cheeseburger price in the UK amid soaring costs

After KFC and Nando, McDonald’s UK is also raising the prices of some items on its menu due to the rising cost of food.

Money

Is the crypto exchange Coinbase in trouble?

Coinbase, the US biggest cryptocurrency exchange, is reportedly facing a new investigation into its trading.

Money

What crypto crisis? Some investors bet big on coins and blockchain

Even as the crypto sector faces a bleak winter, money is pouring into digital assets at a pace that's set to outstrip last year's record.

Money

Why Bitcoin and other cryptos are bracing for a tough week ahead

Cryptos have borne the brunt of a massive ripple effect since the Terra saga but decisions in the US could put even more pressure on digital assets.

Money

Inside Qonto’s quest to lead Europe’s fintech race

We spoke with Qonto’s co-founder and CEO Alexandre Prot on plans to lead Europe’s fintech market, the role of cryptocurrencies and the future of challenger banks.

Money

Don’t panic over economy woes just yet, says ex-World Bank chief

The Ukraine war has sent inflation and gas prices spiralling. We spoke to ex-World Bank chief Bertrand Badré about how to prevent global inequality.

Money

Will France’s new government be more accepting of cryptos?

Pierre Person couldn’t change his fellow French deputies' minds on crypto. Can the new Assembly be convinced?

Economy

This is what the euro-dollar parity means for you and the EU economy

A weaker euro will make European exports immediately cheaper in international markets.

Tech News

Crypto lender Celsius files for bankruptcy after freezing withdrawals

The cryptocurrency lending platform Celsius Network has filed for bankruptcy after pausing customer withdrawals last month.

Load more

Economy

Annual inflation across the eurozone will peak at 7.6% in 2022

The Ukraine war and the disruption of energy and food markets continue to increase inflationary pressures.

Partner content

Fintech - Will it replace traditional banks?

Partner content presented by Department of Tourism and Commerce Marketing Dubai

Open banking has facilitated the rise of embedded finance – but is this a safe way to enhance the consumer experience or does it carry hidden risks?

Partner content

How to fund a startup and stay afloat

Partner content presented by Department of Tourism and Commerce Marketing Dubai

Around 20% of small businesses fail in their first year. Here are guidelines for staying afloat, from how to secure funding to investment pitfalls to avoid

Economy

Euro reaches parity with dollar for the first time in 20 years

The value of the common currency has plunged since Russia launched the invasion of Ukraine.

Money

Should your child have a debit card? This firm says yes

GoHenry, a leading company in the child fintech industry, has acquired Pixpay in a bid to reach customers over Europe. What does this industry boom say about how we teach our kids about money?

Money

EU agrees on landmark rules to tame 'Wild West' crypto market

The rules aim to better protect consumers from wild swings in cryptocurrencies and require more transparency on the industry’s environmental impact.

Money

How can investors best deal with crypto turbulence?

No matter what your personal stance on crypto is, the key to handling extreme market moves is having a plan in place, say these experts.

Money

Russia approves crypto tax break to soften Western sanctions blow

Lawmakers in the Russian Duma have softened their stance on cryptocurrency and issuers of digital assets as sanctions by the West begin to bite.

Money

Another major crypto hack in US raises questions over DeFi security

It is not the first time such a heist has happened as hackers exploit the vulnerability of bridges.

Money

A new stablecoin is ready to hit the UK amid the crypto crash

GBPT will launch in early July and will be built on the Ethereum blockchain.

Money

Binance ‘in it for the long game’ and isn’t afraid of the crypto crash

Despite the crypto crash and the price of Bitcoin plunging, innovation can come from dark times, argues Binance’s Europe VP Martin Bruncko.

Money

Crypto market anxious as Bitcoin drops below $20,000

"It feels very like 2008 to me in terms of how there could be a domino effect of bankruptcies and liquidations," one analyst said.

Load more

Economy

Hungary blocks EU deal on 15% minimum corporate tax

Budapest argues the new tax would deal a "low blow" for European competitiveness and put jobs at risk.

Money

What’s a bear market and should we worry about another global crash?

The US has fallen into a bear market thanks to the Ukraine war, supply-chain issues and a number of other factors. But what does this mean for investors?

Money

Elon Musk sued for $258 billion over Dogecoin ‘pyramid scheme’

Musk's tweets on Dogecoin, including one where he called it the "people's crypto", have caused massive swings in its price.

Money

Wall Street watchdog to laid-off crypto staff: ‘Come work for us’

The US Financial Industry Regulatory Authority plans to boost its workforce, and has an eye on fired Coinbase workers who know the cryptocurrency industry from the inside.

Money

Bitcoin drops below $25,000 as major crypto lender halts withdrawals

Bitcoin hit its lowest level since December 2020 after Celsius Network said it was pausing all withdrawals and transfers, citing “extreme market conditions”.

Money

PayPal has a new crypto transfer tool

PayPal customers in the US can also send crypto to other PayPal users in seconds with no fees or network charges.

Economy

Eurozone to get its first interest rate hike in 11 years next month

The European Central Bank will hike interest rates in July in a bid to tame inflation.

Money

Europe’s Nasdaq? Euronext tries to boost its tech companies

Euronext's 'Tech Leaders' initiative will help Europe’s top listed tech companies raise their international profile and support those looking to join the stock exchange.

Money

‘Crypto winter’ may already be here. Here’s what it means

Cryptocurrencies are known for their volatility but cryptos have lately been hit especially hard.

Money

Taming crypto: Regulators eye stablecoin safeguards and capital rules

After the collapse of the Terra stablecoin, financial watchdogs are looking for ways to limit the risks posed by crypto to the wider financial system.

Money

Estonia is cracking down on crypto. This is why

New rules will make getting a crypto license harder in Estonia as Europe cranks-up regulation in the wake of the TerraUSD and Luna collapse.

Money

A young person's game? A third of over 50s are investing in crypto

Nearly a third of those aged 50 and above are betting on crypto as part of their early retirement plans, according to a new poll.

Load more

Money

Russia is considering allowing crypto for international payments

As Western sanctions begin to bite, Russia is considering allowing crypto for international payments.

Money

Russia bets on digital ruble to fend off Western sanctions

Moscow said it should be able to make international payments with the digital ruble by next year.

Money

COVID has widened the gap between the world’s richest and poorest

According to Oxfam, 263 million people are predicted to fall into extreme poverty this year. The cost of living crisis is one of the driving factors.

Money

Terra Luna crash: What are stablecoins and how stable are they really?

The collapse of TerraUSD has led to billions of dollars being wiped off the cryptocurrency market - and raised serious questions about how stable stablecoins really are.

Money

Portugal wants to start taxing cryptocurrencies, says finance minister

Portugal is currently seen as attractive to crypto investors thanks to current tax rules that don't apply to cryptocurrencies.

Money

Russia says legalising crypto for payments is a matter of time

"The question is, when this happens, how it will be regulated, now that the central bank and government are actively working on it," said Russia's industry and trade minister.

Money

Bitcoin slides below $30,000 wiping away post-Terra Luna crash gains

Calls for regulation of the crypto market are growing louder after stablecoins showed their volatility in the wake of the Terra Luna collapse.

Money

FTX's chief says Bitcoin has no future as a payments network: FT

FTX Founder and Chief Executive Sam Bankman-Fried said Bitcoin may still have a future as "an asset, a commodity and a store of value" like gold.

Money

How fintech and crypto are boosting Africa’s burgeoning tech scene

“Africa is a mobile-first continent so you can really see where Africa should be really positioning itself,” Smart Africa’s CEO told Euronews Next.

Money

Global crypto regulation body likely in next year, top official says

The wild volatility of cryptocurrency markets this week has alarmed financial watchdogs, and clearer rules may be coming soon.

Money

Terra Luna fall: Is this cryptocurrency's 2008 financial crash moment?

The stablecoin Terra and Luna crisis has rocked the price of Bitcoin and Tether too. This is how it all unfolded.

Money

Bitcoin has just crashed below $27,000. Here are some reasons why

The sell-off in the cryptocurrency world shows no sign of levelling off as Bitcoin fell to 2020 levels below the $27,000 threshold on Thursday.

Load more

1

Spain moves forward with plans to shorten the 40-hour working week

2

3

Which countries are embracing a 4-day workweek and how is it going?

4

5

Which European countries are winning the tech funding race?

ADVERTISEMENT

ADVERTISEMENT