ECB Enlists Revolut and UniCredit for Digital Euro Trial
ECB tests digital euro with firms including Revolut and UniCredit, signaling a major move in central bank digital currencies amid evolving financial tech.
News
The ECB has launched a digital euro trial involving firms like Revolut and UniCredit, marking a significant step in central bank digital currency development.
Excerpt from Bloomberg: “The latest flare-up of tensions over the Strait of Hormuz is threatening fresh global supply disruptions way beyond oil and gas.”
Excerpt from Bloomberg: “Thailand will allow 30-day visa-exempted entries by visitors from India, after a proposal to scrap visa-free entry led arrivals from the South Asian nation to drop in a blow to the vital tourism industry.”
Excerpt from Bloomberg: “China called for restoring normal passage through the Strait of Hormuz as soon as possible after President Donald Trump reinstated the US blockade of Iranian ships transiting through the vital waterway.”
Excerpt from Bloomberg: “The US hit Iran with more strikes after announcing plans for a 20% fee on ships using the Strait of Hormuz. In response, Tehran attacked more oil tankers sailing through the Strait of Hormuz. (Source: Bloomberg)”
Excerpt from Bloomberg: “Following a spike in oil prices and hawkish commentary from Fed officials, traders see a nearly 50% chance of a July rate hike.”
Excerpt from Bloomberg: “Lithuanian lawmakers backed a new government led by Prime Minister Mindaugas Sinkevicius, a third coalition set to take power in the Baltic nation in less than two years.”
Excerpt from Bloomberg: “Kevin Warsh has argued AI could allow the economy to expand faster without generating as much inflation.”
Excerpt from TheStreet: “"This bike is incredible."”
Excerpt from TheStreet: “Marc Andreessen posted on X on July 12 that AI is already a better doctor than 99.99% of human doctors. He was reposting OpenAI CEO Sam Altman, who had highlighted a finding that physicians spotted fewer flaws in GPT-5.6's answers than in answers written by actual doctors. Mark…”
Excerpt from Bloomberg: “This has left managers paranoid — and scrambling to reverse course.”
Excerpt from Bloomberg: “Chileans elected a pro-market president to revive the economy. They are now getting a reality check as one of Latin America’s richest nations flirts with recession while a rightward regional shift heralds more competition for investment.”
Excerpt from Bloomberg: “More than 1,000 days of war have upended a region already known for its volatility.”
Excerpt from Bloomberg: “Two Singapore ministers won a defamation case against Bloomberg LP over the contents of a December 2024 news article about the island nation’s property market.”
Excerpt from Bloomberg: “Revolut Bank UAB, UniCredit SpA and Deutsche Bank AG are among 36 payment service providers that will participate in a digital euro trial, the European Central Bank said on Tuesday.”
Excerpt from TheStreet: “Take pictures with this fun, nostalgic find.”
Excerpt from Bloomberg: “Malaysian authorities have launched an immigration probe into a school for technology startups, just months after investor Balaji Srinivasan pitched the educational facility to officials and called for policies to support the project.”
Excerpt from Bloomberg: “The Philippines’ main business-process outsourcing group cut its industry revenue and job forecasts — and even warned of possible shrinking future business — with the emergence of artificial intelligence, shifting geopolitical conditions and increased competition.”
Excerpt from Bloomberg: “Malaysian Prime Minister Anwar Ibrahim’s Pakatan Harapan has quit the Malacca state government that’s led by federal ally Barisan Nasional following disagreement over a bill, further straining relations after battling each other in the Johor elections.”
Excerpt from TheStreet: “Taiwan Semiconductor Manufacturing (TSM) reported June revenue on July 13 that ran counter to its own recent history, and the timing is not a coincidence. June is normally the month when the world’s largest contract chipmaker cools off, not accelerates. This year revenue climbed…”
Excerpt from TheStreet: “"We were especially pleased by the solid construction."”
Excerpt from Bloomberg: “Two United Arab Emirates-linked supertankers came under attack while sailing “dark” through the Strait of Hormuz, threatening one of the main methods of getting non-Iranian crude to the global market during the war.”
Excerpt from Bloomberg: “The High Court of Singapore declined a stay on the six-month jail sentence of Byju Raveendran, meaning the founder of the failed education startup risks going to prison if he returns to the city-state.”
Excerpt from Bloomberg: “Samsung Electronics Co. is in the early stages of exploring a potential offering of American depositary receipts, according to people familiar with the matter.”
Excerpt from TheStreet: “Most economic indicators show that the explosion in artificial intelligence infrastructure spending is having a positive effect on the U.S economy. U.S. gross domestic product rose at an annual rate of 2% between January and March, according to the Bureau of Economic Analysis…”
Excerpt from TheStreet: “"These are extremely comfortable."”
Excerpt from Bloomberg: “Gold pared losses after dropping below $4,000 an ounce on Monday, as rising tensions in the Middle East and remarks by a US monetary policymaker raised expectations of interest-rate hikes to curb inflation.”
Excerpt from Bloomberg: “Stocks steadied as traders refrained from big bets at the start of a jam-packed day that saw Wall Street earnings get underway. Testimony from Federal Reserve Chair Kevin Warsh and inflation data are due later.”
Excerpt from Bloomberg: “Brent oil surged again, topping $87 a barrel for the first time in a month, as the truce between the US and Iran collapsed with fresh attacks on shipping in the Strait of Hormuz.”
Excerpt from GitHub: “100+ AI Agent & RAG apps you can actually run — clone, customize, ship.”
Excerpt from GitHub: “Skills for Real Engineers. Straight from my .claude directory.”
Excerpt from GitHub: “The Destructive Command Guard (dcg) is for blocking dangerous git and shell commands from being executed by agents.”
Excerpt from GitHub: “Anti-AI-slop design skill for Claude Code, Cursor, and Codex.”
Excerpt from GitHub: “"Vibe-Trading: Your Personal Trading Agent"”
Excerpt from GitHub: “A simple, lightweight PowerShell script that allows you to remove pre-installed apps, disable telemetry, as well as perform various other changes to declutter and customize your Windows experience. Win11Debloat works for both Windows 10 and Windows 11.”
Excerpt from GitHub: “1,324-exercise fitness dataset — animation GIFs, 180×180 thumbnails, muscle-group & equipment data, and step-by-step instructions in 6 languages. The exercise data layer behind the LogPress app.”
Excerpt from GitHub: “Penpot: The open-source design platform for Product teams that need scalable collaboration.”
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