{"id":1660376,"date":"2022-09-27T12:09:45","date_gmt":"2022-09-27T16:09:45","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1660376"},"modified":"2022-09-27T12:10:03","modified_gmt":"2022-09-27T16:10:03","slug":"euro-sculpture-in-frankfurt-rescued-by-crypto-firm","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/euro-sculpture-in-frankfurt-rescued-by-crypto-firm\/","title":{"rendered":"Euro sculpture in Frankfurt rescued by crypto firm"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Feuro-sculpture-in-frankfurt-rescued-by-crypto-firm%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1660376&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>FRANKFURT (Reuters) \u2013     A giant blue euro sculpture in the heart of Frankfurt\u2019s financial district has a new benefactor: The firm behind a sharia-compliant cryptocurrency. <\/p>\n<p>The future of the sculpture, in the shadow of the European Central Bank\u2019s former headquarters and long a symbol of Frankfurt\u2019s role in managing the single European currency, was at risk after the banks that paid for its upkeep backed out.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>On Tuesday, the sculpture\u2019s owner, the Frankfurt Culture Committee, revealed that it had secured a new sponsor, saving it from having to auction the 14-metre object.<\/p>\n<p>The sponsor is the technology developer Caiz, a Frankfurt-based company whose Caizcoin conforms to the principles of Islamic finance and laws.<\/p>\n<p>\u201cThe euro symbol is photographed several hundred times a day, so our involvement also makes sense from a commercial perspective as a marketing effort,\u201d Joerg Hansen, chief executive officer of Caiz development, told Reuters.<\/p>\n<p>The sculpture was constructed to much fanfare in 2001, shortly ahead of the launch of euro notes and coins. <\/p>\n<p>\u201cThe most photographed object in the city remains in Frankfurt am Main,\u201d said Manfred Pohl, chair of the committee that owns it.<\/p>\n<p>The cryptocurrency\u2019s logo is prominently displayed on the sculpture\u2019s base.<\/p>\n<p>\u201cWe aren\u2019t a threat to the euro. The euro will always exist,\u201d Hansen said.<\/p>\n<p> (Reporting by Marta Orosz; Writing by Tom Sims; Editing by Alison Williams)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/euro-sculpture-in-frankfurt\/attachment\/euro-sign-is-seen-in-frankfurt\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8Q0PT-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8Q0PT-BASEIMAGE\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/euro-sculpture-in-frankfurt\/attachment\/euro-sign-is-seen-in-frankfurt-2\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8Q0PV-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8Q0PV-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FRANKFURT (Reuters) \u2013 A giant blue euro sculpture in the heart of Frankfurt\u2019s financial district has a new benefactor: The firm behind a sharia-compliant cryptocurrency. The future of the<\/p>\n","protected":false},"author":66,"featured_media":1889262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1660376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_finder_url":"https:\/\/www.oann.com\/tech\/euro-sculpture-in-frankfurt\/?utm_source=rss&utm_medium=rss&utm_campaign=euro-sculpture-in-frankfurt","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1660376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1660376"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1660376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1889262"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1660376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1660376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1660376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}