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Crypto Bank Xapo Snags European Broker License, Will Offer Stocks Like Apple
11.10.2023
The Markets in Financial Instruments Directive (MiFID) license will soon allow the firm to offer S&P 500 stocks. In addition, Xapo, which has always been bitcoin-only, plans to add Ethereum’s ETH
European regulator: DeFi comes with significant risks as well as benefits
11.10.2023
The European Securities and Markets Authority released an article on Decentralized Finance and its risks for the EU Market
Asian and European stocks rally amid a wave of risk appetite
10.10.2023
Asian and European stocks registered bullish surge on Tuesday owing to Fed's hawkish outlook on interest rates
Bitstamp Crypto Exchange Seeks Collaboration with European Banks to Boost Crypto Adoption
10.10.2023
The world’s longest-running crypto exchange Bitstamp is in talks with three large European banks about offering crypto services.
The 12-year-old exchange is in talks to help the banks begin offering these services possibly in the first quarter of 2024.
Cryptonews has reached out to Bitstamp...
Bitstamp Courts European Banks as Region's Incoming Crypto Rules Boost Confidence
9.10.2023
The longest-running crypto exchange says three European banks are in talks about offering crypto services – a stark contrast to the U.S., where firms are wary amid a regulatory crackdown
Deribit To List Options For SOL, MATIC and XRP; Set for European Expansion
9.10.2023
The largest cryptocurrency options exchange, Deribit has announced plans to expand its options offering to three additional altcoin coins.
Per the announcement on X (formerly Twitter), the platform noted that the options trade will be added for Solana (SOL), Polygon (MATIC), and Ripple (XRP). ...
EU mulls more restrictive regulations for large AI models: Report
9.10.2023
Negotiators in the EU are reportedly considering additional restrictions for large AI models - like OpenAI’s GPT-4- as a component of the forthcoming AI Act
Ukraine rolls out its AI regulation roadmap
9.10.2023
The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws
Kraken to Expand Its Presence in Europe With Acquisition of Dutch Crypto Broker
7.10.2023
Crypto exchange Kraken has unveiled its plan to acquire Dutch crypto broker Coin Meester B.V. (BCM). Kraken explained that the Netherlands is a key market in its European expansion plans. “We are committed to growing our business in compliance with European regulations,” the exchange...
UNESCO and Netherlands design AI supervision project for the EU
6.10.2023
The United Nations’ UNESCO and the Dutch government launched a new project for supervising AI to help create a framework for the wider EU area
European regulator publishes second consultation on MiCA
6.10.2023
The regulator will publish a final report based on feedback received and submit the draft technical standards to the European Commission by June 2024
Kraken Announces Acquisition of Coin Meester B.V. in Move Towards European Expansion
6.10.2023
Kraken, a San Francisco-based cryptocurrency exchange, has announced its intention to acquire Coin Meester B.V. (BCM) in the Netherlands.
On October 5, in a blog post, Kraken emphasized that the planned acquisition "highlights our commitment to growing our business in Europe" and underlined...
Kraken set to acquire Dutch exchange BCM, eyes European expansion
5.10.2023
Kraken is planning to acquire the Netherlands-based cryptocurrency platform as a base for future European expansion
‘ETFs Are Inevitable But Not Imminent’, Crypto Expert Argues
5.10.2023
Talking to Cryptonews, crypto expert Peter Eberle discussed the potential for crypto exchange-traded funds (ETFs), the impact of the Grayscale-US SEC battle, the current state of crypto investments, and the relevance of regulatory clarity in the space.
Eberle is the President and Chief Investment...
EU to assess export controls on AI tech and semiconductor chips
4.10.2023
The European Commission outlined four critical technology areas including AI technology and semiconductor chips which on it plans to run assessments to consider export controls
Head of Portugal central bank deems crypto unsustainable, calls for global regulation
3.10.2023
Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts
Georgia preparing limited live CBDC pilot, considering Ripple among tech providers
29.9.2023
As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom
Gemini to halt operations in the Netherlands by mid-November
29.9.2023
The company cites the inability to meet the regulators’ requirements but says it intends to return to the Dutch market
Binance Advises Paysafe Users to Convert Euro Balances to Tether
29.9.2023
Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank accounts after the payment processor suspended deposits...
Russia’s Yuan Shift: EBRD Economist Warns of Waning US Dollar Dominance
28.9.2023
In a recent interview, the European Bank for Reconstruction and Development’s (EBRD) chief economist, Beata Javorcik, highlighted a notable trend: Russia’s growing inclination to transact in the Chinese yuan. This shift, the economist emphasized, could challenge the dominance of...