TAG: Currencies
The EU has a €30 billion hidden fees problem
Last year, European consumers and businesses lost €30 billion to hidden fees when sending and spending money internationally. And it is only getting worse, in 2019 it was €22 billion. But there is an easy way to crack down on these hidden charges: taking...
6 months ago
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge
The euro slumped to its lowest level this year on Friday, in a delayed reaction to European Central Bank President Christine Lagarde's signaling on Thursday that the bank is willing to cut interest rates before her U.S. counterparts. By Friday afternoon i...
6 months ago
Trump’s courting of the crypto industry could spell trouble for Europe
Europe is gearing up for an unprecedented Trumpian endorsement of one of the most feared technologies in policymaking circles: crypto.On Thursday, proponents of the controversial technology will descend on Nashville for a three-day conference at which Tru...
2 months ago
Bitcoin creator is Peter Todd, HBO film says
LONDON — A new HBO documentary identifies Canadian developer Peter Todd as Satoshi Nakamoto, the pseudonymous founder of cryptocurrency bitcoin.Cullen Hoback, the award-winning filmmaker behind the documentary, comes to the conclusion by stitching togethe...
1 week ago