Eu Financial News

20.03 / 13:57
Ethereum European Union Bitcoin Rescue Bitcoin to the rescue: Cryptocurrencies' role in Ukraine
Cryptocurrencies have taken on an unprecedented role in the war in Ukraine, helping the government raise millions of dollars to fund its fight against the Russian invasion. Why has Ukraine turned to cryptocurrencies, and how is the nascent crypto industry changing its reputation and having an impact amid the clouds of war? How much crypto has been raised? — At the outset of the conflict, Ukrainian officials posted addresses for two crypto wallets on their Twitter account, giving donors a direct and clear address to which to send contributions.
19.03 / 15:01
Technology Prime Minister Bulgaria's former PM Boyko Borissov released from detention
Bulgarian former Prime Minister Boyko Borissov was released from custody on Friday after prosecutors failed to come up with enough evidence to press charges against him.
19.03 / 08:17
Adoption Europe European Union Bitcoin European ‘MiCA’ regulation on digital assets: Where do we stand?
The proposed European Union Regulation on Markets in Crypto Assets, or MiCA, (hereinafter the “regulation”) was put to a vote in the European Union Parliament’s Committee on Economic and Monetary Affairs on March 14, 2022, and in the end, the proposed amendment to ban or restrict proof-of-work-based crypto assets, which would have effectively resulted in a ban on Bitcoin (BTC), was rejected.
19.03 / 07:37
Dogecoin cryptocurrency avalanche Bitcoin Bitcoin drop Drop Top cryptocurrency prices today: Avalanche jumps 5%; Solana, Polkadot and Bitcoin drop up to 3%
trading mixed in Friday's trade, with Avalanche climbing over 5 per cent but others such as Solana, Terra, Polkadot and Shibu Inu falling up to 3 per cent each in the last 24 hours. Bitcoin, the largest crypto by market value, was trading 1.34 per cent lower at $40,556. It was still up 5.6 per cent in the last seven days. Ethereum edged 0.44 per cent higher at $,2783. The second largest cryptocurrency by market value has risen 9.4 per cent in the last one week. BNB added 1.19 per cent, XRP fell 0.23 per cent while Terra declined 2.99 per cent.
19.03 / 03:27
COST UPS Future FN25: Xavier Rolet on battling Brexit and the future of London
When Xavier Rolet speaks, the financial world takes notice. As chief executive of London Stock Exchange Group during the Brexit vote, he was and remains an outspoken critic of the UK’s decision to leave the EU.
18.03 / 20:13
MET global economy How the U.S. and EU Cut Russia Off From the Global Economy
Shortly before Thanksgiving, Treasury Secretary Janet Yellen met with senior officials in the White House Situation Room to discuss a Russian troop buildup on the border of Ukraine. The meeting included top intelligence advisers, defense officials and diplomats, who concluded Russia might be preparing to invade.
18.03 / 19:25
Blockchain Action Discover Returns Blockchain Fest 2022: Crypto Community’s Yearly Event Returns
Disclaimer: The text below is a press release that was not written by Cryptonews.com. 
18.03 / 16:49
Bulgaria's former PM Boyko Borissov arrested amid EU funds probe
Bulgaria’s former prime minister Boyko Borissov has been arrested after probes by the European Public Prosecutor's Office (EPPO).
18.03 / 13:29
UPS Digital Aware Bitcoin Three EU Regulators Warn Crypto Investors of Potential Losses
Three European Union regulators, the European Banking Authority (EBA), European Securities and Markets Authority (ESMA), and European Insurance and Occupational Pensions Authority (EIOPA), have warned investors in the digital currency ecosystem within the bloc of potential losses inherent in the volatile ecosystem.
18.03 / 10:17
COST UPS Future FN25: Xavier Rolet on battling Brexit and the future of London
When Xavier Rolet speaks, the financial world takes notice. As chief executive of London Stock Exchange Group during the Brexit vote, he was and remains an outspoken critic of the UK’s decision to leave the EU.
18.03 / 07:13
cryptocurrency European Union Bitcoin Be ready to lose all your money in crypto, EU regulators warn
cryptoassets and could fall prey to scams, the European Union's securities, banking and insurance watchdogs said in a joint statement on Thursday. «Consumers face the very real possibility of losing all their invested money if they buy these assets,» the three EU authorities said in a statement. It marks a racheting up of direct warnings to consumers about cryptoassets by EU authorities, spelling out that consumers have no protections or recourse to compensation under existing EU financial services law.
18.03 / 00:13
Blockchain Banks Central Bank Central Bank of Russia issues digital asset license to Sberbank in apparent policy reversal
Less than two weeks after the Central Bank of Russia, or CBR, reiterated its position proposing to ban the issuance, mining and circulation of cryptocurrencies in Russia, it appears to have reevaluated its policy. In a press release published on Thursday, the CBR added the country’s biggest lender, Sberbank, to its register of information system operators for digital financial assets. As reported by local news outlet Tass, the CBR stated: 
17.03 / 23:05
economics BitMEX Bitcoin Reserve end Freezing Russian Reserve Assets Marks End of Monetary Regime; Gold, Bitcoin to Rise – Arthur Hayes
The world’s current monetary regime effectively ended with the freezing of Russian foreign reserves by Western governments on February 26. In the new era, central banks will no longer save reserves in Western fiat currencies -- instead, turning to gold and bitcoin (BTC) as their preferred reserve assets, according to former BitMEX CEO Arthur Hayes.
17.03 / 20:53
Government Blockchain How blockchain intelligence can prevent Russia from evading sanctions
As pointed out by Caroline Malcolm, head of international policy at Chainalysis, the transparent nature of blockchain technology makes it relatively easy for crypto intelligence companies to track funds related to sanctioned entities.
17.03 / 16:19
Technology cryptocurrency European Union Financial Crypto buyers have no protections if they lose all their money, EU financial regulators warn
Crypto investors risk losing all their money invested in speculative, "too good to be true" assets and are at serious risk from fraudsters, the European Union's securities, banking and insurance watchdogs said in a joint statement on Thursday.
17.03 / 16:05
regulation economy Central Bank Friend Russia’s Central Bank Goes to War. Is Cryptocurrency a Friend or Foe?
In January 2022, the Central Bank of Russia (CBR) proposed a number of measures aimed at curtailing the country’s cryptocurrency market, which included a blanket ban on the use and mining of all cryptocurrencies. It pointed out risks posed by the volatile nature of cryptocurrencies to the financial stability of the country, the extensive use of crypto in illegal activity and the energy costs involved in crypto mining. However, the utility of blockchain technology didn’t escape the CBR. The following month, it announced that it had started the pilot stage of the digital ruble, its planned central bank digital currency (CBDC).
17.03 / 14:45
UPS cryptocurrency Aware Bitcoin Be Ready To Lose All Your Money In Crypto, European Union Regulators Warn
Regulators are worried that consumers are buying crypto assets without being fully aware of the risks.
17.03 / 13:23
Blockchain Provident Digital Russians Under Sanctions Using Crypto to Launder Money: Elliptic Report
Russians with strong social connections, who are under international sanctions for the invasion of Ukraine, have been using cryptocurrencies to launder their wealth, according to a report.
16.03 / 19:03
Protest NATO Human Rights 'Rexit': Russia withdraws from Council of Europe ahead of expulsion vote
Russia quit the Council of Europe on Tuesday, the continent's leading human rights watchdog, ahead of a vote by the organisation to expel it.
16.03 / 18:47
Europe European Union Euro regulatory The European Commission is looking for blockchain regulatory sandbox operator
On Monday, March 14, the European Blockchain Observatory announced a call for tenders to contract a consortium, whose mission will be to facilitate and operate a pan-European regulatory sandbox for distributed ledger technologies, or DLT, and blockchain in particular. 

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