Europe’s few AI plays soar as US tech frenzy goes global
Investors hunt for winners in market that for years has lagged behind Wall Street’s rally
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The post Denis Beau warns dollar stablecoins threaten Europe appeared on BitcoinEthereumNews.com. Denis Beau urged immediate private-sector mobilisation to build euro stablecoins, breaking publicly with ECB president Christine Lagarde’s slower approach. Summary Banque de France deputy governor Denis Beau called for all relevant European players, public and private, to mobilise now to develop euro-based tokenised money. Beau’s position conflicts with ECB president Christine Lagarde, who favours a central bank digital euro targeted for launch around 2029. Dollar-pegged stablecoins account for 98% of the total stablecoin market, raising fears of digital dollarisation across European payment infrastructure. Denis Beau, deputy governor of the Banque de France, called on May 12 for a “mobilization of all relevant European players, public and private,” to develop euro-based tokenised money to counter the dominance of dollar-pegged stablecoins. His position puts him at odds with ECB president
Read full articleInvestors hunt for winners in market that for years has lagged behind Wall Street’s rally
The post Exodus Shifts from Wallet to Full Crypto Payments Company After Selling $87M in Bitcoin appeared on BitcoinEthereumNews.com. TLDR: Exodus launched Exodus Pay, a platform letting users spend crypto directly from wallets across the U.S. and Europe. The firm acquired Monavate and Baanx to build out its full-stack crypto payments infrastructure in Q1 2026. Exodus cut Bitcoin holdings from 1,704 BTC to 628 BTC, using proceeds to become fully debt-free this quarter. XO Cash, Exodus’s new dollar-backed stablecoin, is positioned as the first stablecoin designed for AI agents. Exodus (EXOD), the publicly traded Bitcoin wallet firm, is broadening its scope beyond wallets into a full crypto payments company. The firm announced this shift alongside its Q1 earnings report, backed by two strategic acquisitions and a new stablecoin launch. Its balance sheet also changed sharply, with Bitcoin holdings cut significantly to fund debt repayment and acquisition costs. Shares closed Tuesday at $6.
Ukraine's airport ceasefire proposal could shift diplomatic dynamics, enhancing Europe's role and potentially stabilizing regional air operations. The post Ukraine seeks European mediation for airport ceasefire with Russia appeared first on Crypto Briefing.
Denis Beau urged immediate private-sector mobilisation to build euro stablecoins, breaking publicly with ECB president Christine Lagarde’s slower approach. Denis Beau, deputy governor of the Banque de France, called on May 12 for a “mobilization of all relevant European players,…
Using a large language model instead of me to write and then getting me to edit the result is a cynical way for my employer to cut my fee in half, says a freelance writer In response to your article (‘Being human helps’: despite rise of AI is there still hope for Europe’s translators?, 8 May), I work freelance for a company that produces memoirs for its customers. I used to interview, then write. Now, I interview, a large language model writes, and I am paid half of my previous fee to edit the result. It takes as long to edit the AI-generated text as it used to take me to write the memoir. There are several reasons for this. Continue reading...
The dominance of a US firm in the EUR stablecoin market highlights Europe's need to strengthen its digital currency infrastructure and oversight. The post The largest EUR stablecoin is issued by a US-based company, and Europe should be paying attention appeared first on Crypto Briefing.
The post MiCA tokenization Europe: crypto treasury shift to CASP-ready appeared on BitcoinEthereumNews.com. Europe’s crypto market is moving into a tougher, more structured phase, and MiCA tokenization Europe is becoming the frame through which many companies now have to rethink their business. What once looked like a wide-open field for crypto treasury companies and payments platforms is starting to narrow as regulation tightens and investors focus more closely on who generates yield, who has compliance in place, and who can operate across borders. That shift is at the center of the case being made by Wojciech Kaszycki, chief strategy officer at BTCS SA and founder of Mobilum. His argument is straightforward: firms that merely hold digital assets may struggle to keep pace, while businesses that combine treasury exposure with operating infrastructure could move ahead. It is a notable claim at a time when public companies are increasingly holding digital assets on their balance sheets.
SoftBank's AI data center plans in France could significantly boost Europe's tech infrastructure and attract more global investments. The post SoftBank’s Masayoshi Son discusses multibillion-dollar AI data center project with Macron appeared first on Crypto Briefing.