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Stablecoins ‘Pose Serious Risks’ to Financial Security, ECB’s Lagarde Says
30.11.2020
Stablecoins could "threaten financial security" if widely adopted, the ECB head said in a magazine interview
European central bankers predict that the digital euro is at least five years away
30.11.2020
Nobody seems to be in a rush to digitize the euro, but that could change given increasing global competition
Canadian Public Company Dumps Ethereum and Monero for Bitcoin
30.11.2020
A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings,...
Big banks think new furniture is innovation, but they are wrong
28.11.2020
True innovations are a serious problem for traditional financial institutions, but fintech and crypto startups have the solution
EURST Stablecoin – Reinvention of the European Economy
28.11.2020
Over the years, we have been introduced to a digital transformation, which has created and shaped communities around the world. Digital technologies have introduced newly evolved ways of how the world interacts, operates, and most of all, conducts exchanges. In the current economic hardship and...
OECD tax director says international crypto tax standards are coming in 2021
27.11.2020
The director of the OECD’s tax center has revealed that the organization expects to release a tax reporting standard for crypto assets by the end of next year
VanEck Opens Another Bridge To Bitcoin For European Investors
25.11.2020
Today, VanEck Europe, an arm of US-headquartered major US asset manager VanEck, launched its crypto exchange-traded note (ETN), tradable via Deutsche Börse Xetra, targeting investors in Germany, the Netherlands, and the UK.
However, in the UK, the company targets professional investors only,...
Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’
24.11.2020
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules do not apply to the ECB primarily because...
Wallex: The Rainbow in The European Grey Zone
22.11.2020
The evolution of new digital technologies has created a new shift in the value proposition for financial products and services. Digital asset management based on distributed ledger technology has opened the gates to financial institutions and regulators, with the aim of disrupting this new wave....
New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin
19.11.2020
Netherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they wish to buy bitcoin. They will also...
WTO blockchain report says customs remains ‘weak link’ of trade digitalization
5.11.2020
Analysts have been categorizing blockchain projects worldwide into a “periodic table” that allows for a granular analysis of the technology’s inroads into global trade
The evolution of crypto exchanges — What’s next for the industry
31.10.2020
We are now starting to see the crossover of regulation in the digital asset market and digitalization of the traditional market
Will they or won't they? Central banks eye each other's digital currency moves
29.10.2020
Canada's central bank recognizes that CBDCs are a necessarily international issue
The ‘Everything Crash’ Is Coming? Markets Go Risk-Off as European Stocks See Worst Day in 5 Months
28.10.2020
Stocks, oil, even gold are down on fears of resumed COVID-19 lockdowns, but bitcoin hodlers are keeping the faith
Survey: Most professional European investors bought digital assets or plan to
26.10.2020
Survey on professional investors finds that 36% have already bought crypto, as big pockets look to enter the market
Cybercrime task force monitoring the global digital financial system
24.10.2020
Regulators are addressing the growing threat of transnational cybercrimes in the financial industry
Voyager Digital Buys European Crypto Exchange Focused on Institutional Investors
24.10.2020
Crypto-asset broker Voyager Digital Ltd is buying LGO Markets, a French cryptocurrency exchange focused on corporate investors. The two firms will merge under one brand, Voyager, and their two separate native tokens, VGX and LGO, will also merge. The deal grants Voyager, a Canadian Securities...
ECB Executive Board Member on European Payments in the Digital Age
24.10.2020
Speech by Fabio Panetta, Member of the Executive Board of the European Central Bank (ECB), at the ECB Conference "A new horizon for pan-European payments and digital euro." Frankfurt am Main, 22 October 2020.
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Key points:
An uncontrolled change in the payments landscape...
European Commission Opposes Crypto Fraud Compensation Fund: Victims Say Commission Cozying up to the Industry
21.10.2020
The European Commission (EC) is opposing the creation of the crypto crime victim superfund to be financed with $0.0001 per dollar on all cryptocurrency transactions occurring within the EU. The Commission says that it does not have the competence to set up and administer such a fund. It also argues...
Chasing the hottest trends in crypto, the EU works to rein in stablecoins and DeFi
19.10.2020
The proposed EU crypto market regulation will raise many compliance obstacles for the next Libra-like project seeking to operate in Europe