EU Embraces Digital Euro, DOJ Shifts Crypto Approach, Thiel Bets on Ethereum

This week in crypto and finance: the EU is accelerating its digital euro project, responding to the U.S. stablecoin landscape. Meanwhile, the DOJ is easing its stance on crypto prosecutions, and Peter Thiel has invested heavily in Ethereum, bolstering its financial ecosystem narrative. These developments are influencing market sentiment as Bitcoin drops before Fed Chair Powell’s Jackson Hole speech.