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With its national currency, Sweden becomes the first non-euro area nation to join Tips.

Following a smooth shift over the previous few weeks, Swedish market players are now settling quick payments in Swedish kronor using the Eurosystem TARGET quick Payment Settlement (TIPS).

By Madilyn Swift | February 28, 2024 | 0 Comments

ECB representatives compare regulating cryptocurrency to giving a "naked emperor" new clothing.

The SEC's approval of spot exchange-traded funds (ETF) for bitcoin has been criticized by senior payments experts at the European Central Bank as an example of the "naked emperor's new clothes," legitimizing a currency whose true value as an asset is essentially zero.

By Madilyn Swift | February 23, 2024 | 0 Comments