Tether, Circle and other major stablecoin issuers will soon be on the phone in the European Union. With the new rules coming into effect on June 30, they will not only need the proper authorization to operate in the 27-nation trading bloc, but will also have to deal with the strict limits on transaction numbers … Read more
Moreover, in 2022, despite the phasing out of its pandemic emergency purchasing programme, the ECB launched a new “anti-fragmentation instrument”, the Transmission Protection Instrument, which was explicitly aimed at keeping spreads under control by allowing the central bank to to buy government bonds from countries. countries whose interest rates vary excessively due to speculation. What … Read more
Stay informed with free updates Simply log in to the EU trade myFT Digest – delivered straight to your inbox. The EU’s goods trade deficit with China has shrunk to its lowest quarterly level in almost three years, despite fears the bloc will be flooded with cheap Chinese products. There are also signs of growing … Read more