Europe, ECB & Eurozone market analysis
Ongoing views on ECB policy, Euro FX, EU regulation and how European markets differ from US markets.
🇪🇺 The future of Web3 & DeFi in the EU 🇪🇺
Legal compliance is fundamental for wide adoption of Web3 & DeFi. While security audits of DeFi protocols are a common practice, the same is not true for regulatory compliance audits
All investment services in the EU, including those… https://
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Japan's & EU's deposit guarantee schemes differ⬇️
🇯🇵 DICJ: Active crisis manager (Act 34 of 1971)
🇪🇺 DGS: Mainly deposit protection (Directive 2014/49/EU)
Japan's approach = more intervention power & broader mandate
EU's approach = more focused mandate
💰 DICJ's funding comes from:
• Self-issued bonds
• Insurance premiums paid by banks
• Borrowed funds from financial institutions & public
In practice, operation financing is heavily relied on debt, making it risky long-term 📈
👀 Tried out the BRICS Pay demo. Gold/#XAU is one of the supported currencies (the only real money in the list!)
🌏 To be supported cross-border, within every member nation
💳 You can use VISA/Mastercard to load up your account
🇪🇺We urgently need an akin system in the #EU
And the first rate cut comes from the European Central Bank (#ECB)
Federal Reserve (#FED) coming up next
A few days ago I tweeted about how a rate cut is imminent, as suggested by the Treasury Bond rates falling below the overnight exchange rate👇