More Eurozone Countries Will Buy Bitcoin, Says Coinbase’s Institutional Chief

More Eurozone Countries Will Buy Bitcoin, Says Coinbase’s Institutional Chief

An experiment in Prague might end up mattering more for Bitcoin than the usual ETF inflow chart. Speaking on the “Crypto In America” show on 10 December, Coinbase Head of Institutional John D’Agostino highlighted that the Czech National Bank has begun testing Bitcoin in its national treasury and for payments, and argued that this sort of move by a Eurozone central bank is likely to spread. Czech Bitcoin Pilot Could Spread Across Eurozone “The Czech national bank chose very well in their service providers,” he said, adding that the central bank is “putting Bitcoin on their national treasury....


Related News

ECB Survey Finds 10% of Eurozone Households Own Crypto Assets

One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets, poor families are not far behind, the poll indicates. Dutch Households Lead in Terms of Crypto Ownership, ECB Survey Shows Every tenth eurozone household has purchased bitcoin or other cryptocurrencies, according to the latest Consumer Expectations Survey conducted by the European Central Bank (ECB). Europe’s financial authorities are now trying to establish if the crypto....

European Inflation Skyrockets to Record 7.5% — ECB Chief Lagarde Expects Ene...

While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member state economies, and ​​European Central Bank president Christine Lagarde expects energy prices to “stay higher for longer.” Eurozone Inflation Continues to Climb, ECB Predicted to Raise Rates 3 Times This Year The 19 countries sharing the euro are suffering from rising inflation according to figures stemming from March that shows the inflation rate rose to....

Eurozone hits record inflation of 9.1% amid gas and energy crisis

Eurozone inflation is up from 8.9% in July as the continent faces skyrocketing energy, gas and food prices due to the ongoing crisis in Ukraine. August marks the ninth consecutive month of rising inflation for the Eurozone at 9.1%. In July, the official inflation numbers landed at 8.9%. The Eurozone consists of 19 countries, including Germany, France and Belgium. This comes as the European Union (EU) faces a massive energy and gas crisis, largely as a result of the ongoing conflict in Ukraine. Current prices for daily necessities such as food, gas and electricity have soared across the....

Airbitz Enables Buy & Sell Feature in the Eurozone

February 10, 2016, San Diego — Bitcoin wallet service Airbitz announced today its partnership with the Dutch exchange Clevercoin. This collaboration will allow residents from 19 countries in the Eurozone to enjoy the Airbitz in-app buy sell feature. The Eindhoven-based Clevercoin has been servicing the Netherlands since its inception in October of 2013.....

Grexit: Markets will respond "Not with a Bang but a Whimper"

Greece is on the verge of leaving the Euro. Whilst Eurozone capital markets are likely to deliver an initially muted response, we will see a long-term re-valuation of the price of peripheral Eurozone bonds and stock markets as investors price in the risk that other countries may, in time, follow Greece. The comments from Tom Elliott, International Investment Strategist at deVere Group, one of the world's largest independent financial advisory organizations, come as the Greek debt crisis is reaching a climax following Thursday's failed crunch talks with the Eurogroup finance ministers. It....