⇑ Binance Eurite Launches EURI Coin with Regulatory Compliance Amidst a Bustling European Coin Market

In a fascinating turn of events, the EURI Coin, a euro-pegged stablecoin, launched with zero fees on Binance Eurite, obtaining compliance with the new European legislations, also known as the MiCA rules. Analysts speculate that this development would probably boost the growth of Euro denominated stablecoins. Meanwhile, the German-regulated euro stablecoin got its first kickstart with DWS's joint venture. At the same time, various other European countries have been active in the coin sector. Italy introduced a 7-Euro coin, and Belgium is experiencing a coin shortage. Elsewhere, Estonia is phasing out one and two-cent euro coins.

The interest of collectors in the numismatic sector continues unabated. The Ronaldo Euro coin came into the limelight as an item that could be worth $150,000 to collectors, and there was a rise in the value of Greek Owl Euro coins for hobbyists. Nevertheless, the counterfeiting issues persist, with a number of fake euro coins uncovered, including 10,000 fake coins from China and mass-produced €2 coins in Macedonia.

Interestingly, several rare euro coins are predicted to have a much higher value than their face might suggest, with some even offering an indirect 'invitation' for luxurious holidays or round-trip flights to various destinations on their valuation.

EURI Coin News Analytics from Sat, 27 Apr 2024 07:00:00 GMT to Sat, 19 Apr 2025 07:00:00 GMT - Rating 8 - Innovation 6 - Information 7 - Rumor -4