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Spain Sets Its Sights on Developing First “Crypto-Friendly” City in Europe
12.2.2024
Torrevieja, a coastal city in southeastern Spain, has launched an ambitious initiative to become Europe’s first “crypto-friendly” city, according to a February 6 statement. The Association of Small and Medium-sized Merchants of Torrevieja (APYMECO), in partnership with...
Australian Court Sides With ASIC in a Case Pitting the Regulator Against a Crypto Startup
11.2.2024
The Australian Securities and Investments Commission (ASIC) recently prevailed in its case against Block Earner after a court ruled that the crypto startup’s product offering violated the country’s Corporations Act. The judge ruled that the ASIC had “succeeded in establishing...
Neobanking app enfineo claims it can bridge traditional finance with cryptocurrencies
9.2.2024
  Startup enfineo is building an alternative to your usual cryptocurrency wallets with a focus on traditional banking and finance. enfineo guarantees that the platform seamlessly integrates conventional banking with the dynamic world of cryptocurrencies, allowing users to manage their savings...
Why Europe’s MiCA Raises the Barrier to Entry for Stablecoin Issuers
8.2.2024
The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European Union’s comprehensive crypto law. The legislation promises legal certainty, compliance challenges and global implications. MiCA’s primary goal will be to establish a unified rulebook for regulating...
B2C2 Secures VASP Registration Ahead of MiCA Implementation
7.2.2024
UK-based digital asset liquidity provider B2C2 has secured a virtual asset service provider (VASP) registration expanding its operations to Luxembourg ahead of new rules being implemented in Europe. The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European...
The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe
6.2.2024
The EU's comprehensive crypto guidance does not introduce entirely new regulations for fiat backed stablecoins, former central banker Jón Egilsson writes. Instead it affirms existing rules that many current issuers are not yet following
Stablecoin Issuer Tether Leads $25 Million Funding Round for Mobile Payment Startup Oobit
5.2.2024
On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $25 million. The investment round saw contributions from notable entities such as Titan Fund, Solana’s Anatoly...
Kenyan High Court Unfreezes $3 Million Belonging to Nigerian Fintech Giant Flutterwave
5.2.2024
A recent ruling by the Kenyan High Court in favor of the Nigerian fintech startup Flutterwave will see it finally get access to $3 million which has been frozen since July 2022. The judge slammed the Assets Recovery Agency for continuing to hold onto the funds even after it withdrew its suit...
FTX Seeks Exit from Anthropic Holdings, Proposes Entire 8% Stake Sale
4.2.2024
Bankrupt cryptocurrency exchange FTX is seeking approval to sell its 8% stake in AI startup Anthropic Holdings. The motion, filed by FTX’s current CEO, John Ray III, requests permission to sell the stake and proposes two possible procedures, including an auction or a private sale. FTX aims...
EU Regulator Proposes Stricter Rules for Foreign Crypto Firms
3.2.2024
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator, has proposed stricter rules for crypto firms based outside the EU, limiting their ability to directly serve customers within the bloc to ensure fair competition. ESMA Proposes Stricter Rules for Non-EU...
Traders Predict This is The Best BEP-20 Token To Buy As BNB Price Recovers
2.2.2024
As the price of Binance Coin (BNB) continues recovering from the recent low of $298, crypto traders have turned their attention to accumulating one new BEP-20 token ahead of its launch. eTuktuk, a green crypto startup building eco-friendly electric vehicle infrastructure in developing countries...
New Binance Smart Chain Coin Raises $730,000 In Presale – Best Altcoin To Buy Now?
1.2.2024
Crypto startup eTuktuk has raised over $700,000 in its presale with its green transportation solutions, potentially emerging as one of the best altcoins to buy. Image by Kerem Goktug Kaya, DALL-E 3. A new cryptocurrency project focused on developing environmentally sustainable transportation...
Bullish on Bitcoin: Global Survey Respondents Anticipate BTC Price Spike to $60K and Beyond in 2024
1.2.2024
A recent international survey by Bitget has illuminated the crypto market’s hopeful perspective, drawing insights from close to 10,000 individuals across areas such as West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin America. More than half of the participants globally...
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
1.2.2024
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin's nascent DeFi scene
Web3 Lost $38.9 Million to Bad Actors in First Month of 2024: Quantstamp
31.1.2024
Bad actors have stolen $38.9 million from various Web3 projects in the first month of 2024. According to a recent report from Quantstamp, a decentralized finance (DeFi) security startup, bad actors used different attack vectors to steal funds, including smart contract hacks, key compromises,...
Web3 Lost $127M to Hackers in January 2024 + More Crypto News
31.1.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Web3 Lost $127M to Hackers in January 2024; Up 5.9x YoY Messari Expands Market Intelligence Services to Europe Portal Raises $34 Million from Major...
SEC to Withdraw Case Against Crypto Startup DEBT Box Following Admission of Inaccuracy
31.1.2024
The Securities and Exchange Commission (SEC) has moved to withdraw its lawsuit against crypto startup DEBT Box after admitting to making inaccurate statements in court. The agency filed a lawsuit against Digital Licensing Inc., operating as DEBT Box, in July last year. However, it has now informed...
Paypal’s PYUSD Stablecoin Central to Investment in Digital Finance Platform Mesh
30.1.2024
Paypal Ventures, the venture capital division of Paypal, revealed this week its investment in Mesh, a financial technology startup focused on advancing digital payments. The investment entity emphasized that the capital injection was primarily allocated using the firm’s newly introduced...
Zuckerberg a IBM jdou do boje s ChatGPT. Pomůže i miliardový startup z Česka
30.1.2024
Americké společnosti Meta Platforms a IBM se společně s padesátkou partnerů vydávají do boje o budoucí podobu umělé inteligence. S konceptem otevřené AI chtějí vytvořit protipól vůči OpenAI a Googlu, které vytvářejí uzavřené jazykové modely pohánějící AI typu ChatGPT nebo Bard. IBM má podle
Binance Survey: 73% of European Users Optimistic About Crypto’s Future
30.1.2024
A new Binance survey has found that 73% of European respondents are optimistic about the future of crypto, with 55% exclusively using cryptocurrencies for everyday purchases. “We are delighted to see the high level of optimism amongst European crypto users, reflecting the growing interest...