A recent study from Chainalysis has found that darknet operators are responsible for a disproportionately large share of the crypto market in Eastern Europe.
More DetailsMatrixport, a Singapore headquartered and Bitmain-backed crypto company that offers trading, lending, and custody services, extends its services into Europe through the establishment of its new Zurich office.
More DetailsSiGMA Group is excited to announce the launch of their November event, SiGMA Europe Virtual Expo. The online event, which runs from the 24th to 25th, will focus on the European gaming and tech marketplace.
More DetailsBank of Lithuania, Lietuvos Bankas, has proposed uniform regulations throughout the European Union in response to the European Commission’s consultations for the development of the digitalization of financial services in Europe.
More DetailsNGOs are now cashing in on cryptocurrencies. A new report reveals that an increasing number of charities continue to adopt bitcoin cryptocurrency majorly across North America, Europe, and Australia.
More DetailsUS-based cryptocurrency exchange, Kraken, has announced its plan to acquire Dutch crypto broker BCM as part of its European expansion strategy. This move aligns with the new MiCA regulatory framework, promoting a favorable investment climate in the region. The acquisition will enhance Kraken's service offerings and market position in the Netherlands.
More DetailsThe European Parliament has passed a bill titled Digital Operational Resilience Act (DORA) addressing the cybersecurity of crypto and fintech companies.
More DetailsThe EIB says Blockchain technology and AI has a shortfall in funding to the tune of $12 billion.
More DetailsThe U.S. SEC has issued a Wells notice to Coinbase. As a result, Coinbase warns that the U.S. government’s regulatory approach to crypto has created an uncertain and unstable environment. Meanwhile, other countries, such as France, the U.K., and the European Union, are building friendlier crypto regulation ecosystems and becoming crypto hubs, causing the U.S. to lose its status as the leading hub of the crypto sector.
More DetailsA complaint that alleges that Apple’s Identifier for Advertisers code (IDFA) is a privacy breach going against European laws has been filed.
More DetailsThe European Union’s Securities and Markets Authority has called on concerned market stakeholders to comment on its proposed regulation for the use of Distributed Ledger Technology in securities trading and settlement.
More DetailsThe expansion into Europe is a timely one for FTX, which launched its US subsidiary business two years ago.
More DetailsA new strategy for Web 4.0 and virtual worlds has been unveiled by the European Commission in an effort to steer the next technological revolution and guarantee a safe, open, and welcoming online environment for individuals, organizations, and government agencies across the EU.
More DetailsBinance has announced the sale of its entire Russia business to CommEX, citing compliance issues as the primary reason for the exit. The transition process for existing Russian users is expected to take up to one year, with no financial strings attached to the deal for Binance.
More DetailsThe European Union has passed a draft bill to regulate AI use of copyrighted materials. AI tools will be classified according to their risk level, with high-risk tools subjected to stricter transparency procedures. The bill is part of the EU's Artificial Intelligence Act and aims to strike a balance between protecting citizens and fostering innovation.
More DetailsEuropol: 46% of Bitzlato assets were unlawful. U.S. and European authorities confiscated $19.5 million in cryptocurrencies from crypto wallets.
More DetailsA leaked European Union legislative draft on digital assets reveals the country's plans for cryptocurrency trading and issuance across the nation.
More DetailsDespite a challenging year for the crypto industry in 2022, VC investment in European crypto startups reached an all-time high of $5.7 billion, with decentralized finance startups seeing a 120% increase in investments. Europe is also home to the highest number of crypto startups, but lags behind the US in unicorns and startups with over $1 million in funding. Investment in financial service-based startups declined by 19% compared to 2021, while infrastructure grew by 24%. The EU's Markets in Crypto-Assets regulations are set for a final vote in April 2023.
More DetailsImplementing a unique new idea will be the Bank of Lithuania in introducing the world’s first blockchain – based digital coin collectible.
More DetailsThe European Court of Human Rights has upheld privacy and freedom of expression, rejecting backdoor demands in encrypted messaging services, highlighting potential security risks.
More DetailsWith the launch of ECB's €750 Billion bond buyback, Bitcoin, in the last 24 hours witnessed a steep increase in price clocking at 16% growth.
More DetailsEthereum hits a record high of $2,718 as the European Investment Bank announces a plan to sell a "two-year digital bond" on the Ethereum blockchain network.
More DetailsThe European Commission is investigating Microsoft's investment in OpenAI, a significant partnership since 2019, under the EU Merger Regulation, as part of a larger plan to control tech giants' influence in the AI field, focusing on potential anti-competitive impacts.
More DetailsSouth Korean prosecutors believe Do Kwon is currently residing in Europe
More DetailsIn 2023, the global number of Bitcoin ATMs decreased by 11.1%, marking the first decline in a decade, with the U.S. being the largest host, contrasting with growth in the EU and other regions.
More DetailsThe director of the OECD’s Centre for Tax Policy and Administration has revealed that the OECD will release an international tax reporting standard for crypto assets in 2021.
More DetailsThe European Commission has launched a new research unit called the European Centre for Algorithmic Transparency (ECAT) to investigate the impact of algorithms used by prominent online platforms and search engines such as Facebook and Google. The team will analyze and evaluate the AI-backed algorithms used by Big Tech firms to identify and address any potential risks posed by these platforms.
More DetailsMarket analyst Holger Zschaepitz believes that the big three central banks, namely the Federal Reserve (Fed), the Bank of Japan (BoJ), and the European Central Bank (ECB), have been instrumental in Bitcoin adoption.
More DetailsThe European Union (EU) has updated its sanction on Russia, the 8th package, and this time, it unveils zero tolerance for crypto-related transactions.
More DetailsThe European Securities and Markets Authority (ESMA), the EU's financial markets regulator, has initiated its first consultation package under the Markets in Crypto-Assets Regulation (MiCA). The authority is seeking stakeholder comments until September 20, 2023, marking a significant step towards establishing concrete rules for crypto markets in the EU.
More DetailsEuropean Central Bank (ECB) President Christine Lagarde said that a decision on whether or not to launch a CBDC will be made by the middle of this year.
More DetailsThe European Commission has announced that firms transferring Bitcoin and other cryptocurrencies must collect details of payers and payees to help regulators prevent the flow of dirty money.
More DetailsIn a letter to the European Commission in March 2020, payment giant PayPal has now confirmed that has it is actively working to bring cryptocurrencies capabilities on its platform. In the detailed letter, PayPal said that it has taken tangible and unilateral steps to further develop its capabilities in the cryptocurrency space.
More DetailsGreek Prime Minister Kyriakos Mitsotakis announced the formation of a High-Level Advisory Committee for AI on October 19, 2023. Led by MIT Professor Constantinos Daskalakis, the committee aims to prepare Greece for the rapid advancements in AI and their applications. The committee will focus on long-term national strategy, including policy development and guidelines, in key areas such as economy, society, and innovation.
More DetailsJacobi Asset Management launches Europe's first Bitcoin ETF on Euronext Amsterdam, blending crypto investment with a green initiative. The ETF, compliant with SFDR Article 8, offers a unique Renewable Energy Certificate solution.
More DetailsBank of America analysts have made important revelations concerning the launch of CBDCs. They recently disclosed that CBDCs are bad news to European Banks.
More DetailsIn Belarus, a highly contested election victory for longstanding President Alexander Lukashenko over Svetlana Tikhanovskaya has erupted in protests. Despite the dispute, the Soviet forged dictator’s stay of power may be good news for crypto.
More DetailsGermany's financial regulator BaFin has warned Binance that it may be violating European securities laws with the introduction of its stock token trading.
More DetailsThe European Union has introduced a new crypto licensing regime called Markets in Crypto-Assets (MiCA), making it the first major jurisdiction in the world to introduce a comprehensive crypto law. The EU also voted in favor of a Transfer of Funds regulation that requires crypto operators to identify their customers in a bid to halt money laundering.
More DetailsThe Dutch government has allocated €204.5 million ($222.07 million) for AI development, signaling a robust commitment to advancing the Netherlands' position in the global AI landscape and adhering to the EU's AI Act.
More DetailsGoogle Assistant is set to integrate with Google's Bard AI to offer enhanced functionalities. The integration will allow Google Assistant to perform complex tasks like planning vacations and sorting emails. Although the feature is still under testing, it marks Google's aggressive efforts to compete in the AI space.
More DetailsG20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.
More DetailsIMF Chief Kristalina Georgieva said that Europe could reverse getting into a debt crisis. She further warned about the risks associated with cryptocurrencies.
More DetailsAs crypto adoption continues to gain steam, Europe is at the helm when it comes to crypto distribution worldwide.
More DetailsEstonia’s Central Bank also known as Eesti Pank has launched a multi-year research project into central bank digital currencies.
More DetailsThe European Union and China recently had trade and economic discussions regarding topics including central bank digital currencies (CBDC) and supply chain.
More DetailsBitstamp has been focusing on the European Union market since its launch in 2011. The approval from the Bank of Spain lets Bitstamp's local subsidiary offer digital currency exchange services for fiat currency and electronic wallet custody services to Spanish users. By this fall, the country became home to the third-largest network of Bitcoin and cryptocurrency ATMs after the United States and Canada.
More DetailsPatrick Hansen, the head of Strategy at DeFi startup, Unstoppable Finance, said the expected MiCA bill could come as early as this month’s ending.
More DetailsThe second day of Paris Blockchain Week 2023 featured a panel discussion on the Ethics of Web3. The panelists agreed that ethical frameworks often lag behind technology and that innovation comes before any ethical standards are implemented. They highlighted the upcoming Markets in Crypto-Assets framework in the European Union as an example of turning ethics into law to protect people and innovation.
More DetailsSpain’s Central Bank mentioned that it would study the design proposals and economic implications of a CBDC in the country.
More DetailsBinance, the world’s largest cryptocurrency exchange, expands its NFT artificial intelligence service Bicasso globally after a successful test in Europe.
More DetailsFabio Panetta, a member of the Executive Board of the ECB, stated in his address to the European Parliament that the ECB intends to remain at the forefront of discussions concerning the nature of money in a digital world, including the exploration of the desirability and feasibility of establishing a central bank digital currency (CBDC).
More DetailsPresident of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.
More DetailsInvesco has finally launched a physical Bitcoin exchange-traded product in Europe, just after a few weeks of withdrawing a filing for a Bitcoin future exchange-traded fund in the US.
More DetailsBinance cryptocurrency exchange has just scored a big win as its Italian offshoot, dubbed Binance Italy, has received approval to operate in the country by the Organismo Agenti e Mediatori (OAM).
More DetailsThe European Investment Bank (EIB) intends to deploy blockchain technology for selling bonds.
More DetailsGemini Co-Founder Cameron Winklevoss is no longer a Director in the European offshoot
More DetailsThe European Central Bank (ECB) on Thursday increased its benchmark rate from -0.5% to 0%. Crypto market remains steady, Bitcoin stands firm above $23K level during the Asia trading section.
More DetailsThe world’s oldest Central Bank, Sweden’s Riksbank, published results of its pilot project for its proposed central bank digital currency, the e-krona.
More DetailsRipple has expanded its University Blockchain and Research Initiative in Europe, incorporating Trinity College Dublin, EPITA, IE University, and University of Trento. The initiative aims to nurture blockchain leaders and align with Europe's goal to become a global crypto hub. IE University will organize a virtual asset regulation workshop.
More DetailsThe European Commission (EC) has unveiled a digital finance package that highlights legislative proposals on crypto assets and digital resilience.
More DetailsThe Berlin TV Tower displayed the Bitcoin logo. German Bitcoiners tweeted images and videos of the lighting. These "advertisements" are legally illegal, so proceed cautiously.
More DetailsBitcoin is now more closely correlated to safe haven asset gold than ever, which enables the world’s largest cryptocurrency to be able to combat risk aversion.
More DetailsSince the inception of Bitcoin, much hype and public attention have followed the development of cryptocurrencies their value being dismissed by many while others have become hoarders of crypto. Away from the uncertainty of cryptocurrency future value, one aspect of the technology is now squarely in the limelight—the blockchain platform or distributed ledger technology that make the currencies possible.
More DetailsLeadBlock Partners, a European Venture Capital fund that invests in early-stage B2B Blockchain solutions, has announced that Ethereum is a prominent gamechanger among all the European blockchain startups.
More DetailsControversial provisions of the MiCA framework aim to simplify the rise of crypto businesses across the EU's 27 member nations.
More DetailsEuropean Union Parliament is considering a petition from a consortium of individuals and companies to establish a restitution fund for victims of crypto-fraud.
More DetailsThe recovery fund spearheaded by the EU is made up of €390 billion in grants and €360 billion in loans, which will be added to a new Multiannual Financial Framework (MFF), with the sum of €1.074 trillion as a seven-year budget. The heads of state and government have reached a unanimous agreement, resulting in a total financial package of €1.82 trillion.
More DetailsEuropean Union lawmakers have created a draft proposal that aims to circumvent end-to-end encryption, in a move to increase cybersecurity.
More DetailsCOVID-19 has led to an acceleration in digital payments adoption and technological innovation, as seen by the spending pattern of European citizens.
More DetailsThe European Blockchain Regulatory Sandbox helps 20 projects each year obtain legal and regulatory support from the European Commission.
More DetailsThe European Central Bank (ECB) published an in-depth report on global stablecoins, focusing on highlighting the requirement for clear regulatory parameters for stablecoins, and the risks it may pose to financial stability. The ECB suggests that a “robust regulatory framework” must be established to address risks before its benefits could be explored.
More DetailsKraken, a San Francisco-based crypto platform, has secured an E-Money Institution license from the Central Bank of Ireland and registered as a Virtual Asset Service Provider in Spain. These moves are part of Kraken's strategy to expand its European operations.
More DetailsThink Tank, dGen, releases a new report entitled, “AI, Privacy, and Genomics: The Next Era of Drug Design”. It tackles the issue of privacy and access to genetic data for companies using AI to speed up and improve drug design.
More DetailsChristine Lagarde, European Central Bank president, said the Bitcoin has been used for money laundering activities and is calling for global regulation of the cryptocurrency.
More DetailsThe European Banking Authority (EBA) has closed its public consultation on revising guidelines for money laundering and terrorist financing risk factors, extending the scope to include crypto-asset service providers (CASPs). ConsenSys, MetaMask's development lead, defended the EBA's approach, stating self-hosted wallets should not be considered a risk factor and praised the EBA's recognition of blockchain analytics' role in risk mitigation.
More DetailsEuropechain is amongst the world’s first to teach blockchain technology at a global university. Europechain has delivered an advanced EOSIO course at the University of Geneva as part of its official Certificate of Advanced Studies (CAS) on blockchain and Distributed Ledger Technology (DLT). The EOSIS Blockchain is considered Blockchain 3.0 because of its zero transaction fees, TPS rates of 10,000 per second and fast scaling ability. The teaching of EOSIO at Geneva marks a further step in the adoption of blockchain as a new and vibrant digital technology.
More DetailsThe European Commission and European Investment Fund (EIF) have launched a €2B fund to be invested in fundamental technologies. Nearly €300-€400M will be invested in blockchain and artificial intelligence (AI) amid fears that China and the US are setting a precedent in these areas.
More DetailsThe iShares Blockchain Technology UCITS ETF targets institutional and professional investors in Europe.
More DetailsPayward Europe Solutions, Kraken's Irish subsidiary, has been granted VASP authorization by the Central Bank of Ireland. This authorization comes at a critical time as the EU is set to vote on the MiCA regulation, which requires all companies operating as a crypto assets service provider in the EU to register with an authorized regulator.
More DetailsThe European Commission mandates major tech platforms to detect AI-generated content to shield European elections from misinformation, highlighting a robust approach towards maintaining democratic integrity.
More DetailsThe Council of Europe has adopted new guidelines for responsible AI use in journalism, emphasizing human rights and rule of law in the news media sector.
More DetailsThe Dutch Central Bank, De Nederlandsche Bank (DNB) has announced that crypto companies must register with the authority by May 18, or to stop operating immediately. DNB has looking to enforce the Dutch anti-money laundering (AML) laws, which was passed by the Dutch Parliament in April to comply with the Fourth Anti-Money Laundering Directive (AMLD4) laws. The Dutch AML laws are in compliance with the Financial Action Task Force-recommended AML directives and standards.
More DetailsThe European Union is proposing a 1,000 euro cap on anonymous crypto transfers to combat money laundering and terrorist financing. The limit would apply to transfers when a customer cannot be identified, and the proposal also caps cash transactions at 7,000 euros. The Anti-Money Laundering and Countering the Financing of Terrorism package is expected to be confirmed in April.
More DetailsAfter much deliberation and compromises from the European Commission, Assembly, and Council, a final agreement that builds the comprehensive framework for the digital currency ecosystem has finally been made
More DetailsHypervine, a blockchain construction company based in Glasgow, Scotland, has revealed the kicking off of a blockchain-powered project that will utilize satellite data to boost efficiency in the mining industry. Expressly, it will be funded by the European Space Agency (ESA).
More DetailsdGen, a non-profit research organization, in its report, has revealed that the cryptocurrency miners in the European region believe that Europe's higher electricity prices as compared to that of Russia and China is due to the strict regulation, strong protections, and political stability.
More DetailsThe European Parliament passed a plenary vote for interinstitutional negotiations to create a EU-wide digital wallet. The eID amendments include zero-knowledge proofs to enable citizens to control their identity data.
More DetailsCentral Bank Digital Currencies may soon become legal tenders in their jurisdictions as planned by major central banks in Europe as officials are currently studying such initiatives.
More DetailsThe European Parliament must approve a new crypto exposure policy for banks.
More DetailsWisdomTree has listed additional physically-backed crypto ETPs on major exchanges in Europe.
More DetailsThe European Central Bank (ECB) evaluated whether a digital euro would be a beneficial addition to its financial system through an October report.
More DetailsJoining hands with the United States and Europe is fundamental when meeting technical issues needed in the issuance of a central bank digital currency (CBDC).
More DetailsAFP and major media organizations have called for global AI regulation to protect content integrity, urging transparency, IP protection, and bias reduction.
More DetailsThe EC seeks industry tenders for the European Blockchain Service Infrastructure (EBSI) - a European blockchain solution that could inadvertently see BTC and XRP soar.
More DetailsGerman Finance Minister, Olaf Scholz, sees the digital euro as an ideal innovation to meet the high demand for digital money from businesses and consumers in Europe.
More DetailsIn Q2 2023, a crypto-to-fiat solution for fiat payments will pilot for retailers.
More DetailsWith the energy crisis in the EU, member countries may be mandated to halt crypto-mining activities
More DetailsThe long-awaited Markets in Crypto Assets (MiCA) regulation has just scaled through the European Parliament as MPs voted massively in favour of the bill.l
More DetailsFive members of the 27-member European Union Bloc has urged the body to pass regulations to stiffen the emergence and existence of stablecoins in the region
More DetailsThe European Central Bank (ECB) warns that nations who decide not to issue CBDCs may encounter risks to their monetary autonomy and financial systems.
More DetailsThe European Central Bank (ECB) has issued new licensing guidelines for regulating digital assets, although it currently does not have a unified regulatory framework governing crypto-asset activities and services.
More DetailsA European asset manager, Amundi, believes that the ongoing cryptocurrency industry collapse does not mean that digital assets like Bitcoin are doomed to fail. Despite BTC's inability to protect investors from rising inflation, its limited supply may still attract attention if inflation remains high.
More DetailsIllicit cryptocurrency activities have increased in the region driven by economic sanctions.
More DetailsPortugal is crafting a name for itself in the crypto space based on its zero-taxation policy, having set up various free zones to spur growth and research for cryptocurrency and blockchain organizations.
More DetailsThree European Union regulators have warned investors of the potential loss in the digital currency ecosystem.
More DetailsEuropean Blockchain Convention Virtual becomes the meeting point of the Blockchain Industry this year in Europe. The congress, which will be held on September 21 and 22, will feature workshops, presentations, panel discussions and more than 100 world-class speakers. EBC will provide access to an AI-powered networking platform to facilitate virtual one-to-one meetings between over 1.500 attendees.
More DetailsLeading crypto exchange Binance has rolled out the Binance Card, a crypto debit card, in Europe that will enable users to convert their stored cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Swipe (SXP), and Binance USD (BUSD) to fiat and spend them at more than 60 million merchants worldwide.
More DetailsEurope is an enormous market of more than half a billion people. As small amounts up to 8 million euros may be raised without registration of the offering, it is a very attractive market for international projects looking to reach new investors for their security token offering.
More DetailsWhile speaking at a recent conference in Paris on virtual currencies, Bruno Le Maire, French Finance Minister said, “In these conditions, we cannot authorise the developments of Libra on European soil.
More DetailsThe capital city of the Northern star Estonia will host the 2-day international event CryptoFin Conference & Expo on 14-15 of October 2019 at the Creative Hub.
More DetailsMultinational banking giant, HSBC has reportedly become the first bank to complete a financial transaction using the blockchain trade platform, we.trade based in Europe.
More DetailsThe Dutch central bank, De Nederlandsche Bank made an announcement in its bulletin, saying that it aims to become the world leader in the development of central bank digital currencies (CBDCs). The report highlighted that the topic of CBDC has gained more public exposure in the Netherlands than in “several other euro area countries for several reasons.”
More Details