The European Central Bank (ECB) may begin developing and testing the digital euro in 2023, said ECB Executive Board member Fabio Panetta, speaking at the National College of Ireland. He also said that it can take up to three years. Panetta noted that the introduction of the digital euro is aimed at strengthening the monetary sovereignty of the

Money has changed human society, allowing commercial transactions to take place even between geographical regions at a considerable distance from each other. It makes it possible to move wealth and resources in space and time. For much of human history, however, it has also been the subject of greed and waste. Now money awaits a change that can t

For years, the crypto world has been developing mainly in the digital dimension. But the more widely the cryptocurrency is used, the more urgent the need for tools for cashing out becomes. The crypto ATMs allow people to exchange cash for cryptocurrency or withdraw crypto for cash. Operations are carried out quickly, in addition, they are usually

For the past few weeks, the crypto world has been abuzz with the news of El Salvador’s official adoption of Bitcoin as legal tender. But why is it such a big deal? Let’s review the regulatory situations concerning digital money, look at why cryptocurrencies are special among them, and in the process find out what makes El Salvador’s case so u