Chiquita Slutzky fkP2

According to PANews, a recent report from the European Central Bank (ECB) highlights the low interest among European consumers in central bank digital currencies (CBDCs), raising concerns for the planned launch of the digital euro. The ECB's working paper, which surveyed approximately 19,000 respondents across 11 eurozone countries, underscores significant communication challenges in promoting the digital euro to European households.

The report reveals that when asked to hypothetically allocate €10,000 (approximately $10,800) across various assets, Europeans assigned only a small portion to the digital euro, indicating minimal impact on traditional liquid assets such as cash, current deposits, or savings accounts. Europeans exhibit a strong preference for existing payment methods and fail to perceive substantial benefits in new payment systems among numerous online and offline alternatives. The findings suggest that convincing some users of the added value of CBDCs may pose a challenge for policymakers, necessitating further research in this area.

The study indicates that while the introduction of the digital euro is unlikely to significantly affect financial stability, its adoption faces considerable obstacles due to consumer habits. It emphasizes the importance of targeted communication to address ongoing consumer resistance to the digital euro. The research also finds that European consumers are interested in video-based education and training, concluding that educating the public with video information related to CBDCs could facilitate broader adoption of the digital euro.

Binance Alpha is set to remove 23 tokens from its platform, including ELIZA, WHALES, FAI, METAV, MLG, MONKY, and PSTAKE, as part of its latest compliance review.According to an official announcement on March 12, 2025, the exchange determined that these tokens no longer meet the standards required for listing on Binance Wallet and Binance Alpha. The delisting decision follows a comprehensive evaluation of trading activity, security, liquidity, and project development progress.Full List of Delisted Tokens:ELIZA, WHALES, FAI, METAV, MLG, MONKY, PSTAKE, GEL, VISTA, EVAN, MIRA, COCO, TAOCAT, FLOCK, OPUS, FREYA, AIXCB, VERTAI, STRDY, SEKOIA, VADER.

Finance officials across the European Union have raised concerns over U.S. President Donald Trump’s pro-crypto policies, fearing they could undermine Europe’s financial stability and monetary sovereignty.Key Takeaways:The EU fears that U.S. backing of digital assets and stablecoins could impact the euro's dominance.European Stability Mechanism (ESM) managing director Pierre Gramegna stressed that dollar-denominated stablecoins could threaten European financial autonomy.The ECB is accelerating plans for a digital euro as a countermeasure.Trump has signed an executive order banning a Federal Reserve CBDC while promoting a U.S. crypto reserve.EU Sees U.S. Crypto Shift as a Monetary ThreatSpeaking at a Eurogroup press conference on March 10, Pierre Gramegna of the ESM warned that Trump’s pro-crypto stance could embolden U.S. and foreign tech giants to launch stablecoin-based payment solutions. Such a move, if widely adopted, could erode the euro’s role in digital finance and challenge the European banking system.The concerns follow Trump’s January executive order, which not only banned a U.S. central bank digital currency (CBDC) but also established a crypto working group, further signaling a shift toward digital assets in the U.S. financial strategy.EU Officials Push for Urgent Digital Euro RolloutIn response, European officials are accelerating efforts to develop the digital euro to preserve monetary sovereignty.The European Central Bank (ECB) is expanding its CBDC payment infrastructure, aiming for cross-border institutional transactions.Irish Finance Minister Paschal Donohoe emphasized that Europe’s financial autonomy is at stake, urging swift action to fortify the euro against potential stablecoin disruption.ECB President Christine Lagarde has firmly dismissed the idea of holding Bitcoin (BTC) in central bank reserves, stating that reserves must be liquid, secure, and stable, implying that crypto assets do not meet these criteria.The U.S.-EU Digital Currency DivideWith Trump’s administration embracing Bitcoin reserves and stablecoins, and the ECB pushing for a digital euro, a clear geopolitical divide over digital assets is emerging.While the U.S. aims to dominate the global crypto landscape, European policymakers are racing to secure the euro’s role in the digital economy. Whether the ECB’s digital euro can counter the influence of stablecoins remains a pressing question as global crypto adoption accelerates, according to Cointelegraph.

According to BlockBeats, on March 11, cryptocurrency prices continued to fall, with Bitcoin reaching its lowest level since November of last year. The ongoing tariff tensions have raised concerns about the economy, overshadowing U.S. President Donald Trump's recent supportive statements regarding cryptocurrencies.

Fears that Trump's tariffs and government dismissals could hinder U.S. economic growth have put pressure on risk assets like cryptocurrencies. As investors seek safer options, U.S. stock markets have declined, while U.S. Treasury bonds have seen an increase.

Nikolay Karpenko, head of B2C2, noted that although Trump's statement on cryptocurrency strategic reserves initially sparked optimism, the deteriorating macroeconomic conditions led to aggressive market sell-offs, quickly dissipating the rebound.