Eu Financial News

16.10 / 16:19

business Adoption Europe Swiss The state of crypto in Western Europe: Swiss powerhouse and French unicorns

Despite the turbulence that broke out in the crypto market this summer, there is an important long-term marker that should be considered in any complex assessment — the combination of adoption and regulation. The latest report by EUBlockchain Observatory, named “EU Blockchain Ecosystem Developments,” tries to measure this combination within the European Union, combining the data on each and every member country from Portugal to Slovakia.

16.10 / 12:29

CLIMATE CRISIS Photography Future Scholz advocates for a future 36-member European Union 'of free and equal people'

German Chancellor Olaf Scholz on Saturday called for reforms of the European Union to make it fit for the admission of new countries as well as more military autonomy of the 27-country pact.

16.10 / 07:39

cryptocurrency Platform Framework regulatory India aims to develop tech driven regulatory framework for crypto during G20 presidency: Nirmala Sitharaman

India is aiming at developing standard operating procedures for cryptocurrency during its G20 presidency next year, Finance Minister Nirmala Sitharaman has said, underlining that all countries want the technology to survive but not be misutilised.

15.10 / 22:04

Government Law Time It’s time for the feds to define digital commodities

This month, the European Union (EU) agreed on the text for a unified licensing regime for cryptocurrency exchanges to operate across the EU bloc as part of its Markets in Crypto Assets Regulation (MiCA). The United States — despite being a traditional global leader in legal frameworks for technological innovation — has not provided that same regulatory clarity.

15.10 / 11:09

European Union controversy Election of hardline politicians as new Italian parliament speakers stirs controversy

Lawmakers have elected new speakers for its parliament's two houses, and both appointments have caused a stir.

14.10 / 22:37

Provident Binance Platform coinbase end This crypto wallet provider will suspend Russian accounts by Oct. end

Crypto wallet provider Blockchain.com has become the latest company to halt its services for Russian nationals following the European Union’s eighth package of sanctions against Russia.

14.10 / 20:45

Climate change European Union Daphne Caruana Galizia: Suspects change pleas to guilty in Malta murder trial

Two brothers accused of murdering anti-corruption Maltese journalist Daphne Caruana Galizia pleaded guilty on Friday, in a remarkable turnaround on the first day of their trial in Valletta.

14.10 / 19:25

Climate change European Union Ukraine war: New Russian 'gas hub' in Turkey, rape 'deliberate strategy', Crimean bridge repair plan

Russia is currently not planning any large strikes in Ukraine, the Russian president said on Friday.

14.10 / 13:31

Binance European Union Bitcoin Blockchain.com closes crypto custody for Russians amid EU sanctions

Crypto wallet provider Blockchain.com is the latest company to soon cease to provide services to Russian nationals due to the latest sanctions by the European Union.

13.10 / 20:50

The Russian army will be 'annihilated' if it launches a nuclear attack, warns Josep Borrell

A Russian nuclear strike against Ukraine would trigger "such a powerful answer" from the West that the Russian army would be "annihilated," said Josep Borrell, the EU's foreign policy chief.

13.10 / 20:39

Provident regulation Continental MICA EU commissioner McGuiness says privacy, AML may look different from US under MiCA

Fintech needs to communicate better, according to a top European Commission (EC) financial official. People ask what the need for financial technology is, and the industry has answers, but “we need to talk about this outside ourselves,” Commissioner for Financial Stability, Financial Services and the Capital Markets Union Mairead McGuinness said on Oct. 13.

13.10 / 17:43

event Europe Bitcoin Bitcoin to become 'trusted means of exchange' in EU: Bitcoin Amsterdam 2022

With inflation becoming a bigger problem as time goes on, Bitcoin may become a better and more trusted means of exchange in Europe, according to politician Nigel Farage.

13.10 / 17:21

Ethereum Binance Kraken Bitcoin Russia witnesses surge in stablecoin usage post sanctions- Details inside

Russia has witnessed a rise in the usage of stablecoins after the EU and the U.S. imposed sanctions on Russian financial institutions and individuals following the Russian invasion of Ukraine, stated a recent Chainalysis report.

13.10 / 16:47

Adoption Crypto.com Crypto.com Selects Paris for its European Headquarters After €150 Million Investment

Major cryptocurrency exchange Crypto.com will establish its European regional headquarters in the capital city of France, Paris.

12.10 / 16:31

NATO Brussels recommends granting Bosnia the status of EU candidate, but with conditions

The European Commission has recommended that Bosnia and Herzegovina be granted the official status of candidate country to join the European Union, but under the condition of further reforms.

12.10 / 08:25

Ethereum ETH BTC Bitcoin Bitcoin Price and Ethereum – What Could Drive Today's Uptrend?

On Wednesday, major cryptocurrencies were trading in the green during the Asian session, as the global crypto market value climbed 0.20% over the previous day to $918.72 billion. In contrast, the total crypto market volume fell 8.20% in the last 24 hours to $49.50 billion.

11.10 / 19:59

Provident Digital Fighting EUR crypto framework Framework G20 to review crypto framework prepared by OECD- Details inside

G20 will review the cryptocurrency-related framework (that was recently submitted) in its upcoming meeting. The move is a part of the larger trend across the globe where countries are moving towards strong regulations in regard to cryptocurrency.

11.10 / 18:05

Twitter Target Digital Landmark lawmakers EU Lawmakers Pass Landmark Crypto Regulation Bill

The European Union (EU) lawmakers have passed the Markets in Crypto Assets Regulation (MiCA) bill, a landmark piece of legislation aimed at regulating the digital asset market. The members voted 28 to 1 in favor of the landmark new crypto laws. The bill will pass onto the European Parliament for a final vote in the next parliament session. The laws will come into effect in 2024.

11.10 / 15:39

UPS IPO Platform Mobile Mobile bank N26's losses widen after ramping up spending on fraud controls

German mobile bank N26 reported Tuesday a sharp rise in annual revenues as usage of its platform grew, however losses also ticked higher after an increase in spending on regulatory compliance.

11.10 / 14:49

Provident Continental crypto framework Framework committee European Parliament Committee approves MiCA crypto framework

The European Parliament Committee on Economic and Monetary Affairs (ECON) on 10 October approved the Markets in Crypto-Assets (MiCA) framework. It was only in the last week that the European Council approved the final text of MiCA.

11.10 / 14:17

Ethereum regulation privacy European Commission European Authorities Want Automated Software to Monitor DeFi Activity on Ethereum Blockchain

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