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Oanda Exits Malta to Change its Operations Approach in Europe
7.2.2023
Oanda recently announced a massive strategic change in its multi-asset retail trading activities in Europe. The renowned forex broker is set to shut down its operations in Malta on March 17. The decision has been taken under its planned closure of operations. On March 17, the broker will restrict...
Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets
6.2.2023
Capitual, a Brazilian fintech company that offers cryptocurrency intermediation services, has partnered with Azimut, an asset management firm, to expand its service offer to Europe. The deal, which contemplates an investment of €15 million (about $16.2 million), would allow Capitual to start...
Luxury Rehab Centers Introduce Treatment for Crypto Addiction – Here's Why
6.2.2023
Addicted to watching your crypto portfolio balance? Can't stop staring at those crypto prices? There are now rehab centers for that.
The Balance is a rehabilitation center located on the Spanish island of Majorca - but is not for the empty of wallets. It reportedly cost one person a minimum...
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
6.2.2023
A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured with promises of quick profits on stock and crypto...
UK Crypto Rules Set a Modest Post-Brexit Divergence From the European Union
3.2.2023
The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures
Euro stablecoin launched in Finland, claims to be first approved in the EU
2.2.2023
USDC issuer Circle Inc. previously released a euro-backed stablecoin that is regulated in the United States
Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows
2.2.2023
Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation. Co-Founder Says Exchange Will...
Unbanked and Mastercard Team Up to Accelerate Crypto Card Adoption Within Web3 Organizations in Europe
30.1.2023
PRESS RELEASE. Today it was announced that Unbanked, the leading provider of white-label crypto card issuance and program management service for Web3 companies has partnered with Mastercard, to accelerate DeFi card issuance in Europe. Mastercard and Unbanked have already established a footprint...
Hive Ransomware Network Dismantled by American, European Law Enforcement
27.1.2023
Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice Department and Europol announced. Hive is believed to have targeted various organizations worldwide in the past couple...
What Crypto Legislation Could Look Like for the US, UK and Europe
26.1.2023
Several regulatory initiatives are underway to expand oversight of this nascent industry, the former head of fintech at the U.K. Financial Conduct Authority writes
‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament
26.1.2023
Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators...
Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims
26.1.2023
Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s largest trading platform for digital assets was among...
Film review: ‘Human B’ shows a personal journey with Bitcoin
25.1.2023
A review of a predominantly German-language film that challenges the misconceptions and misunderstandings surrounding Bitcoin
EU lawmakers vote for more restrictive capital requirements on banks holding crypto
24.1.2023
Banks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament passes the measures
Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says
24.1.2023
European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds processed through the platform were associated with various criminal activities. Bitzlato Senior...
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
23.1.2023
The operation conducted by authorities across Europe and the U.S. resulted in the arrest of 5 individuals linked to the exchange, including Bitzlato founder Anatoly Legkodymov
Going cashless: Norway's digital currency project raises privacy questions
21.1.2023
At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu
Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy
19.1.2023
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the new currency will be “preserving privacy by default...
EU postpones final vote on MiCA for the second time in two months
18.1.2023
The final vote was delayed due to issues in the translation of the 400-page legal document
Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment
17.1.2023
Vueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) technology to accept cryptocurrency as a means of payment for its services. The company enlisted the aid of Criptan, a registered Spanish cryptocurrency exchange, and aims...