Eu Financial News

Brussels announced on Wednesday a temporary relaxation of its rules limiting state aid for companies to support the economy in the wake of the war in Ukraine.

When, after nearly two decades in top Wall Street and City roles, Fiona Gallagher moved back to Dublin to lead Deutsche Bank’s Irish operation, she had an idea of how it would pan out.

Specifically, ads must clearly state that cryptocurrencies are unregulated in the UK and that the value of investments are variable. They must also not imply that investment decisions are "trivial, simple, easy or suitable for anyone" or "imply a sense of urgency to buy or create a fear of missing out".The ASA has already recently banned several crypto ads for misleading consumers and being "socially irresponsible".The watchdog says it will continue to monitor for compliance and implement sanctions if it does not see improvements.

The Central Bank of Ireland issued a warning to consumers about the risks around crypto investments in addition to “misleading” advertisements, including those pushed by influencers on social media.

Bitcoin just isn't anonymous enough for a growing cohort of crypto users who are seeking greater seclusion. A volatile class of crypto known as privacy coins, created with the primary aim of masking the identity of users and details of transactions, has quietly been gaining ground this month as maturing bitcoin inches towards mainstream finance. Monero and Zcash, among the most popular, have respectively gained 7.6% and 46% since March 1, according to CoinMarketCap data, even as bitcoin has lost about 5%.

He survived being interred at not one, but four World War II Nazi death camps.

Swedish police are investigating after two teachers were killed at a secondary school in Malmö.

Ukraine's president Volodymyr Zelenskyy will address the Italian parliament via video link on Tuesday morning.

Kremlin critic Alexei Navalny was found guilty of fraud on Tuesday in a case that could earn him up to 13 years in prison.

The sister of a Romanian tourist who died after a London terrorist attack has paid tribute to her "beautiful, smart and soulful" sibling.

When, after nearly two decades in top Wall Street and City roles, Fiona Gallagher moved back to Dublin to lead Deutsche Bank’s Irish operation, she had an idea of how it would pan out.

The Bitcoin network’s on-chain activity still appears to be in a bear market as U.S. and E.U. buyers are struggling to stay ahead of sellers based in Asia.

Stock futures inched higher in overnight trading after Federal Reserve Chair Jerome Powell said the central bank is open to higher rate hikes to combat rising inflation.

EU Foreign ministers have reached a political agreement to give Ukraine another €500 million in arms and military equipment following a meeting in Brussels on Monday.

Cryptocurrency exchange Gemini has received an electronic money license from the Central Bank of Ireland. It was the 18th organization to receive the license, and the first since October 2020. Gemini joined such license holders as Coinbase, Stripe, Square and Meta. 

Russia is guilty of a "massive war crime" in Mariupol and is violating "the laws of war", the EU's top diplomat said on Monday, as the bloc's foreign ministers gathered to discuss additional sanctions against Russia.

Support for a European Union-wide ban on the purchase of Russian oil is growing inside the bloc, according to diplomats involved in the discussion, representing a significant shift in the continent’s stance toward how to ratchet up economic pressure on Moscow.

Last week got off to an antsy start as the clause that many interpreted as a direct route to ban proof-of-work-(PoW)-based cryptocurrencies made a sudden comeback to the draft of the European Union’s key directive on digital assets. Many in the crypto policy space got immediate flashbacks to other instances of harmful last-minute additions to must-pass legislation days and hours before the vote. It all ended well, though, as the Committee on Economic and Monetary Affairs voted against the draft that contained the hostile language. Over in the United States, monetary policy kept growing more political, as evidenced by Sarah Bloom Raskin, President Joe Biden’s pick for the Federal Reserve’s vice chair for supervision, being forced to withdraw her nomination due to a Senate gridlock. Ukrainian President Volodymyr Zelenskyy took time off urgent matters of national defense to sign a bill granting digital assets legal status into law. Other big narratives of the week included crypto platforms’ expansion into the Gulf region, a slew of crypto-related statements and actions by members of the U.S. Congress and some favorable policy developments in Australia.

The last European Union diplomat to be evacuated from Mariupol says civilians there are being hit "blindly and indiscriminately".

Proof-of-work (PoW) crypto mining won’t be banned in the European Union — not this year at least. That’s the conclusion from last week’s closely watched committee vote in the European Parliament (EP). 

The European Union is mulling imposing an embargo on Russian oil and coal — but not gas — as part of its next round of sanctions but the impact on Moscow may be limited.