BoE official says public need reassurance on digital pound and privacy
By Huw Jones and Muvija M LONDON (Reuters) - A "national conversation" is needed to assuage public fears that a digital version of the pound would allow the government to spy on them, Bank of England deputy governor designate Sarah Breeden
ECB to introduce new euro banknotes
European Central Bank (ECB) has decided to design new euro banknotes, which will be produced and issued in 2026. More than 20 years have passed since January 1, 2002, when the first euro banknotes were released, and the ECB has
Scrutiny of iris-scanning crypto project Worldcoin grows
By Elizabeth Howcroft and Tom Wilson LONDON (Reuters) - Increasing numbers of governments around the world are scrutinising Worldcoin, a crypto project co-founded by OpenAI CEO Sam Altman that was launched in July. Almost 2.3 million people globally have signed up to
Bitcoin saved from torrid August by landmark Grayscale ruling
By Tom Wilson LONDON (Reuters) - Bitcoin's gains from a U.S. court ruling that bolsters future prospects for retail investor-friendly funds have rescued the original cryptocurrency from a torrid month, offering new optimism over its longer-term outlook. The Securities and Exchange Commission's
Ericsson sees IPR licensing revenues of $1 billion this year
By Anna Ringstrom STOCKHOLM (Reuters) - Sweden's Ericsson predicted on Friday intellectual property rights (IPR) licensing income of 11 billion Swedish crowns ($1 billion) this year after it renewed a patent cross-licensing agreement with China's Huawei. The telecom gear maker's renewed multi-year
Central banks of Indonesia and Singapore start trial on cross-border QR code payments
By Stefanno Sulaiman JAKARTA (Reuters) - Indonesia's central bank said on Thursday it had started a trial of cross-border QR code payments with its Singaporean counterpart. Both have set a target of introducing the system in the second half of this year,
Fintech Vesttoo seeks Chapter 11 bankruptcy protection
By Carolyn Cohn LONDON (Reuters) - Israel-based fintech Vesttoo is seeking Chapter 11 bankruptcy protection in a U.S. court which will enable it to pursue legal action against those responsible for a fake collateral scandal, it said in a statement on
Deutsche Telekom lifts 2023 guidance slightly again
By Maria Sheahan BERLIN (Reuters) - Deutsche Telekom slightly lifted its 2023 operating profit target a second time on Thursday, boosted by its U.S. business T-Mobile US, which raised its outlook for customer growth two weeks ago. The U.S. wireless carrier has
Cryptocurrencies-mania: invested over a billion of euros in Italy
Over one billion in cryptocurrencies, in the hands of 690,000 Italians, with an average investment of just over 1,545 euros. It is the photograph of the official report on the Italian world of cryptocurrencies, produced by the Oam, the body of