Posts in category

Europe


This post was originally published here San Francisco-based cryptocurrency exchange Coinbase has opened a new office in Dublin, Ireland, according to an announcement published Oct. 15. In addition to helping expand its operations in Europe, the new Irish offices are reportedly part of a contingency plan for when the U.K. leaves the E.U. Per the …

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Blockchain finance firm Clearmatics Technologies has raised over $12 million in a Series A funding round led by venture capital firm Route 66 Ventures. Additional investment in the funding round came from private equity firm TNF Capital and XTX Ventures, the venture capital arm of electronic market-making firm XTX Markets. As part of the arrangement, …

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This post was originally published here Switzerland’s financial markets regulator has issued a license to a cryptocurrency investment fund in a move that opens the door for wider institutional participation in the country’s crypto activities. Zug-based Crypto Finance AG announced on Tuesday that the Swiss Financial Market Supervisory Authority (FINMA) has given the green light …

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This post was originally published here Switzerland’s financial markets regulator has issued a license to a cryptocurrency investment fund in a move that opens the door for wider institutional participation in the country’s crypto activities. Zug-based Crypto Finance AG announced on Tuesday that the Swiss Financial Market Supervisory Authority (FINMA) has given the green light …

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Switzerland’s financial markets regulator has issued a license to a cryptocurrency investment fund in a move that opens the door for wider institutional participation in the country’s crypto activities. Zug-based Crypto Finance AG announced on Tuesday that the Swiss Financial Market Supervisory Authority (FINMA) has given the green light to its subsidiary, Crypto Fund AG, …

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The EU’s financial markets watchdog has revealed that it is setting aside over €1 million in order to monitor cryptocurrencies and other fintech activities during 2019. As revealed in its 2019 Annual Work Programme – dated September 26 but released today – the European Securities and Markets Authority (ESMA) lists its key priorities for the coming year …

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A French security official was arrested last week on charges of selling state secrets on the dark web and accepting bitcoin in return, local media sources reported Friday. An unnamed agent with the Direction Générale de la Sécurité Intérieure (DGSI) was indicted last Wednesday and taken into custody two days later after allegedly peddling economic information …

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Malta’s prime minister, Joseph Muscat, has used his platform at the U.N. to speak out on the potential of blockchain and cryptocurrency, calling them an “inevitable” part of a digital future. In a speech at the general debate of the 73rd Session of the General Assembly of the U.N. on Sept. 27, Muscat raised Malta’s move …

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Europol has warned against the rising threats of cryptocurrency hacks, extortion and mining malware in a new report. According to the EU-focused law-enforcement organization’s “Internet Organised Crime Threat Assessment 2018” (IOCTA) report, published on Wednesday, the holdings of those using cryptocurrencies, as well as exchanges, are increasingly at risk as “criminal abuse” of the financial …

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The Ukrainian parliament wants to begin taxing residents’ cryptocurrency-related profits. Lawmakers proposed implementing a 5 percent tax on any cryptocurrency-related profits individuals and commercial entities see. These profits must be reported separately from other forms of income as well, according to the bill. Further, commercial entities would see their taxation rate jump to 18 percent …

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Brave, the startup behind the Brave browser and the Basic Attention Token, has filed regulatory complaints against Google and others over what it considers poor privacy protection for users in the online ads industry. The complaints – filed with the Irish Data Protection Commissioner and the U.K. Information Commissioner on behalf of Brave’s chief policy officer …

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The chief of the European Central Bank (ECB) said Friday that the institution sees no “concrete need” to issue a digital version of the euro, Reuters reports. In a letter to a member of the European Parliament, ECB President Mario Draghi said a lack of robustness in the technology that would underlie such an endeavor, …

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Rostec, the Russian state-owned manufacturing conglomerate, is entering the blockchain fray. The corporation, which holds stakes in 700 industrial entities in Russia, is working with the Waves platform to develop a blockchain system to manage data on its vast holdings, which include the carmakers Autovaz and Kamaz and the firearms manufacturer Kalashnikov. Announced Thursday, Rostec …

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The European Commission, the executive body that proposes legislation for the EU, will this year conclude a regulatory assessment for the governance of crypto assets, because they are “here to stay,” a high-level has official said. Speaking at a press conference after a meeting of the Economic and Financial Affairs Council last Friday, Valdis Dombrovskis, vice president …

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A European lawmaker believes that new regulations for initial coin offerings (ICOs) are the key to making them more “accessible” within the European Union. Ashley Fox, a Member of the European Parliament (MEP), held a meeting on Tuesday to discuss proposed regulations that would set in place new rules for ICOs and, more specifically, the people …

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A Belgium-based think tank is arguing that the EU should create a single standard for cryptocurrency rules in a report sent to finance ministers within the economic bloc. Bruegel, based in Brussels, the Belgian capitol, believes that the EU needs “common rules” on cryptocurrencies, as well as how tokens are distributed and traded, Reuters reported …

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Payment provider TransferGo has announced it is launching a remittance corridor to India that uses Ripple technology for near real-time transactions. Available from “anywhere in Europe,” the firm said in a press release that using Ripple’s services allows it to replace the “multiple slow incumbent communications systems, most prominently Swift, where transfers can take up …

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Members of the European Parliament held a meeting on Tuesday to discuss a proposal that, if approved, would create new regulations on initial coin offerings (ICOs) held within the economic bloc. The All-Party Innovation Group within the EU Parliament met to examine the potential benefits and issues with rules for ICOs that would form part …

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Crypto wallet and exchange startup Abra is opening up a new channel for deposits: European bank accounts. Residents in the Single Euro Payments Area (SEPA), as well as additional nations in the European Union, can now transfer euros or other national currencies directly to Abra, which in turn deposits bitcoin into users’ digital wallets. Customers can then convert …

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A draft proposal by the European Parliament’s Committee on Economic and Monetary Affairs suggests creating new regulations for public initial coin offerings (ICOs), according to a document published Friday. Ashley Fox, a Member of the European Parliament (MEP) representing the United Kingdom, wrote a draft report on proposed regulations for Europe’s crowdfunding platform operators and companies. …

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