Eu Financial News

17.02 / 15:35

UPS European exchanges team up for data overhaul in bid to rival US

Fourteen exchange groups in Europe are joining up their data as regulators in the bloc look to take on the dominance of US markets.

16.02 / 17:17

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16.02 / 13:01

Adoption regulation Europe privacy European Union European Union discusses using zero-knowledge proofs for digital IDs

The European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the first place in the world to apply strict data protection regulations. On the other, its central bank digital currency (CBDC) project lacks the anonymity standards of private cryptocurrencies.

15.02 / 23:39

regulation European Union regulatory EC launches blockchain regulatory sandbox for 20 projects annually through 2026

The European Commission announced the launch of the European Blockchain Regulatory Sandbox on Feb. 15. The sandbox will provide a space for regulatory dialog for 20 projects per year through 2026.

15.02 / 21:57

Target EU Starts Discussions on New Export Bans, Sanctions Against Russia

European Union member states started discussions on a new set of economic measures targeting Russia, including proposals for a ban on over $11 billion worth of Russian imports and sanctions against Iranian entities the bloc says is supplying drones to Russia, diplomats said.

14.02 / 22:59

markets business Government Blockchain Technology Investments Funding Digital Asset Provider Raises $65M in Series B Led by Credit Suisse

Taurus, a digital asset infrastructure provider for financial institutions in Europe, has raised $65 million in a Series B capital raise led by Credit Suisse. The funding round also saw participation from several other institutional investors, including Deutsche Bank, Pictet Group, Cedar Mundi Ventures, Arab Bank Switzerland, and Investis.

13.02 / 20:00

Law regulation European Union Banks Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure

The European Parliament has released a report on a draft bill proposing that banks holding cryptocurrencies set aside a large amount of capital in an effort to address potential risk.

09.02 / 17:41

Blockchain Provident Platform Assurant Mobile Samsung Eco-Friendly Electric Vehicle Charging and Crypto Rewards - Get In on the Ground Floor With C+Charge

Growing concerns about the climate have driven more world governments to adopt green energy. Principal amongst the areas for fossil fuel breakdown has been the transportation system which has led to the rise of EVs. The European Automobile Manufacturers’ Association (ACEA) has pointed to the growing interest in EVs, with over 12.1% of sales recorded in the EU region.

09.02 / 16:37

EU leaders headed for showdown over US’ sustainability subsidies

BRUSSELS—European leaders meeting here on 9 February are set to clash over how to respond to new environmental subsidies in the US, in a debate that pits some of the bloc’s wealthier members against those that are less able or willing to spend heavily on industrial support.

09.02 / 16:37

CEO Mirova CEO: EU watchdog on course to kill off ‘dark green’ funds

Funds touted as having higher sustainability credentials — or 'dark green' funds — risk becoming obsolete if the European Commission and regulator continue tightening ESG rules, the chief executive of a €27bn impact specialist fund group has warned.

09.02 / 01:31

business Law Gemini Court Bankruptcy creditors What creditors can expect from Genesis’ bankruptcy — and what others can learn

The holding company of troubled crypto lender Genesis Global Capital, Genesis Global Holdco LLC, filed for Chapter 11 bankruptcy protection in New York on Jan. 19. Genesis is the latest crypto platform to file for bankruptcy, joining Celsius, Voyager, BlockFi and FTX.

08.02 / 19:17

Blockchain Ethereum Binance Cardano DApp Bitcoin Crypto Staking Support audit Today in Crypto: Brave Reveals Solana Dapp Support, Revolut Announces Crypto Staking Support, Binance Full Audit is ‘Some Way Off’

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

06.02 / 22:35

regulation DLT MICA Bank of Italy selectively encouraging DLT, preparing for MiCA, governor says

The Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is preparing for the advent of Markets in Crypto-Assets (MiCA) regulation, bank governor Ignazio Visco told a congress of Assiom Forex, the Italian financial markets association, on Feb. 4.

05.02 / 02:41

COST Eurozone’s Economy Outpaced China and U.S. in 2022

The eurozone economy grew faster than China and the U.S. last year, underlining how the fading Covid-19 pandemic continues to scramble traditional patterns of global growth.

04.02 / 19:01

Cooper Deal Global Minimum Tax Deal Advances With Partial Reprieve for U.S.-Based Companies

WASHINGTON—The U.S. prodded other major countries to agree to a coordinated global corporate tax increase. Now, international officials are moving ahead with their tax increases while giving U.S. companies a temporary break from some tax hikes in hopes of prompting the U.S. to implement the deal.

04.02 / 13:33

COST Eurozone’s Economy Outpaced China and U.S. in 2022

The eurozone economy grew faster than China and the U.S. last year, underlining how the fading Covid-19 pandemic continues to scramble traditional patterns of global growth.

04.02 / 09:25

Blockchain G20 Bitcoin The world must take a 'collective action' approach to regulations – suggests India’s Finance Minister

India’s Finance Minister, Nirmala Sitharaman, stated that regulation “cannot be done” by a single country, it requires “collective action,” in a recent television interview.

03.02 / 21:53

EU Agrees to Expand Sanctions on Russian Oil Industry

The European Union agreed to cap the sales price of premium Russian petroleum products such as diesel at $100 a barrel and limit low-value ones such as fuel oil to $45 a barrel, clearing the way for Western allies to expand sanctions on Russia’s oil industry, according to people familiar with the deal.

03.02 / 14:35

Cooper Deal Global Minimum Tax Deal Advances With Partial Reprieve for U.S.-Based Companies

03.02 / 13:35

COST Eurozone’s Economy Outpaced China and U.S. in 2022

The eurozone economy grew faster than China and the U.S. last year, underlining how the fading Covid-19 pandemic continues to scramble traditional patterns of global growth.

03.02 / 13:35

COST UPS week Economy Week Ahead: U.S. Interest Rates, Labor Market in Focus

The Labor Department releases its employment-cost index for the fourth quarter, which captures employers’ labor costs by measuring wages and benefits paid to workers. Wage gains have been historically strong, fueling but not keeping pace with inflation.

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