euro

According to monitoring by Catcher Predict, in the market prediction event on Polymarket for "Dota 2: L1ga Team vs 4ikibamboni - International Europe Closed Qualifiers Playoffs," the "Total Kills Exceeding 45.5 in the First Game" sub-market's "Exceeding" option win rate has experienced significant fluctuations, soaring from 50% an hour ago to the current 95.5% (a fluctuation of 45.5%). Please note the impact of related breaking news.

According to Jinshi, Kit Juckes from Société Générale stated in a report that the decline of the euro against the dollar may at least slow down. Recent rising expectations for a Federal Reserve interest rate hike and reduced bets on the European Central Bank's tightening policy have caused the euro to drop to a one-year low of 1.1324 against the dollar. Juckes pointed out that the euro has fallen below the range of 1.14 to 1.2 where it has been for most of the past year, which may limit its further downside potential.

According to a report by Reuters, Binance's head for Europe and the UK, Gillian Lynch, stated that despite setbacks in its attempt to apply for a European Union cryptocurrency operating license in Greece, Binance still plans to remain in the EU and will seek to obtain local operating permits again.Lynch said, "Binance will not leave Europe." She mentioned that Binance may just need to obtain authorization through different paths, and if not in Greece, the company will look for other alternatives. Binance currently has only one week left before its existing European operating license expires, and if it cannot obtain a new license, it may need to gradually shut down its EU operations.Two informed sources said that Binance had communicated with regulators in Ireland, Latvia, and Greece, but faced resistance in all three countries. The sources indicated that regulatory officials were concerned about Binance's past penalties related to money laundering issues, its complex international structure, and what they perceive as a risk-seeking culture. Lynch stated that Binance is unclear why it was not approved, as it previously believed that the Greek regulators planned to issue licenses.She also mentioned that Binance has contacted four or five regulatory agencies but only submitted a formal application to Greece. Regarding Binance's past issues, Lynch stated that the company has invested in compliance and internal controls, hiring about 1,500 compliance personnel, and claimed that there are no unresolved issues with its license application.

According to Jinshi reports, Russian Foreign Minister Lavrov stated that the sanctions during the Biden administration have been extended, and new sanctions measures have been introduced. In addition, the United States is selling weapons to Europe for use in Ukraine.

According to Jinshi reports, the major European stock indices showed mixed results, with the Euro Stoxx 50 index and the French CAC 40 index both rising by 0.1%, the German DAX index falling by 0.46%, while the UK FTSE 100 index rose by nearly 0.1%.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Dota 2: Nigma Galaxy vs Natus Vincere - International Europe Closed Qualifiers Playoffs," the "Yes" option in the sub-market "Both teams defeat Roshan" has seen a dramatic fluctuation in win rate, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

According to CoinDesk, blockchain infrastructure company Chainlink Labs has announced that it will join an alliance composed of several banks that collectively manage assets exceeding $10 trillion, aiming to promote real-time cross-border foreign exchange payment settlements based on stablecoins within a year.The alliance is named "Project Pangea." Niki Ariyasinghe, Vice President of Chainlink for the Asia-Pacific and Middle East regions, stated in a video interview on Tuesday that the project aims to reshape the global foreign exchange market.In addition to Chainlink, the alliance also includes: a euro stablecoin consortium Qivalis supported by 37 European banks; and a Korean banking alliance UniKA representing more than 10 commercial banks.The goal of the project is to explore moving foreign exchange settlements from the traditional T+2 (48 hours after the transaction) cycle to an almost instantaneous T+0 settlement method, primarily relying on regulated euro and Korean won-pegged stablecoins—cryptocurrencies that are pegged 1:1 to the underlying fiat currency.

According to The Block, Erald Ghoos, CEO of OKX Europe, stated that after the full implementation of the European Markets in Crypto-Assets Regulation (MiCA), about 80% of crypto exchanges will be unable to continue operating in the EU.Starting from July 1, platforms that have not obtained MiCA authorization will no longer be allowed to provide crypto services to EU users. Currently, 20 of the 27 EU member states have ended the transition period, while about 60% of European crypto users remain on unauthorized platforms.As of June 18, more than 200 crypto asset service providers (CASP) have obtained formal MiCA authorization, including OKX, Coinbase, and Kraken, and Ripple has also received preliminary approval from Luxembourg regulators.Ghoos believes that MiCA will drive significant consolidation in the European crypto exchange market, with future trading volumes dominated by a few licensed platforms with stronger compliance capabilities.

According to Gate market data, the euro against the US dollar (EUR/USD) continues to decline, falling to its lowest level since June 2025, reported at 1.1391, with a daily drop of 0.3%.

According to Bloomberg, the European Parliament's Economic and Monetary Affairs Committee (ECON) has approved a position paper on the legal framework for the digital euro, paving the way for negotiations with member state governments and the European Commission on the final rules. The plan will advance both the online and offline versions of the digital euro, with the European Central Bank aiming to complete the launch by 2029 and to conduct a pilot within the next 12 months to validate the infrastructure in real-world scenarios. Regulators hope that the digital euro issued by the European Central Bank will reduce reliance on Visa, Mastercard, and dollar-denominated stablecoins, while providing a "secure European domestic option" for retail payments without eliminating physical cash.

According to Jinshi reports, the Economic Committee of the European Parliament has passed the regulatory proposal for the digital euro.

According to Jinshi reports, major European stock indices opened lower, with the Euro Stoxx 50 index dropping over 1%, the German DAX index falling by 1.2%, and the UK FTSE 100 index decreasing by 0.67%.

According to Gate market data, the Euro Stoxx 50 index futures, German DAX index futures, and UK FTSE index futures all fell over 1%; the Nasdaq 100 index futures' decline widened to 1.8%, the S&P 500 index futures fell nearly 1%, and the Dow futures dropped 0.34%.

According to Gate market data, major stock index futures in Europe and the United States have declined, with the Nasdaq 100 index futures falling over 1% and the S&P 500 index futures dropping 0.5%. The Euro Stoxx 50 futures and the German DAX index futures fell 0.7%, while the UK FTSE index futures dropped 0.8%.

According to Crowdfund Insider, Greece has rejected Binance's application for authorization under the EU's regulatory framework for crypto assets, possibly due to political pressure from European Central Bank President Christine Lagarde.Binance submitted its application to the Hellenic Capital Market Commission earlier in 2026 and established a holding company locally, having passed key technical reviews. However, the application was swiftly reversed between June 7 and 15, 2026. In a meeting in May, Lagarde informed Greek Prime Minister Kyriakos Mitsotakis that Europe does not welcome Binance. The reason is that Binance, as a dominant platform providing liquidity for stablecoins, is seen by some policymakers as potentially complicating the digital euro project promoted by the European Central Bank.With the path in Greece blocked, Binance has shifted its focus to France to seek MiCA licensing.

According to Jinshi News, Baosheng Group expects the Federal Reserve to keep interest rates unchanged in 2026, while the European Central Bank will raise interest rates once more.

According to Gate market data, the Europe Stoxx 600 Index reached an intraday high, rising 0.3% latest.

The recently released policy simulation report "Europe 2031" points out that, constrained by a shortage of computing power and reliance on external models, Europe may face the risk of economic and political marginalization in the global AI competition if it does not make significant strategic adjustments. The report notes that Europe currently accounts for only 5% of global AI computing power, lacking leverage in technological competition, and its advocated "technological sovereignty" may be difficult to achieve due to insufficient funding and lagging policies, even facing the risk of losing autonomous control over core technology companies (such as ASML).To address the aforementioned challenges, the report proposes a series of countermeasures. It suggests that Europe should mobilize public and private capital on a large scale, focusing investments on foundational computing infrastructure such as energy, semiconductors, and data centers; and form a technology alliance with countries like the UK and Japan to integrate supply chain advantages for international negotiation leverage. Additionally, the report calls for Europe to advance labor market reforms to adapt to the proliferation of AI and tighten scrutiny of foreign investment in local manufacturing to consolidate its existing advantages in industrial AI and robotics.

The Block reporter Gareth Jenkinson posted on X platform that reliable sources revealed that European Central Bank President Christine Lagarde directly ordered Greece to reject Binance's MiCA license application. The news states that Binance had previously almost obtained approval from Greek regulators, but was obstructed after the European Central Bank intervened. Jenkinson indicated that if the European Central Bank ultimately controls such decisions, it would not be good news for the crypto industry.In addition, according to Cryptopolitan, Binance is now turning to France as the only remaining avenue to obtain MiCA authorization, but has not yet formally submitted an application.