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Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’
18.12.2019
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show...
Indian State of Kerala to Produce 20,000 Blockchain Specialists in 2 Years
17.12.2019
Beijing’s sudden rush into blockchain development and digital currency hasn’t gone unnoticed. From America to Europe and back to Asia, governments have started thinking about this new racetrack in more serious terms. India has a history of tensions with China, although the countries...
Fidelity Aims for European Expansion, Launches UK Operations
17.12.2019
American mutual fund giant Fidelity is set to expand into Europe with a new UK-based branch.
Per an official announcement, the company’s crypto arm, Fidelity Digital Assets, will begin operating in Europe. Fidelity will also launch a new entity that will serve European institutions that invest...
Fidelity Digital Assets Launches UK Branch In Line With Local Laws
17.12.2019
Fidelity Digital Assets expands to Europe with U.K. registered branch
Fidelity to Expand Institutional Crypto Business to Europe
17.12.2019
Fidelity Investment, one of the world's largest asset managers, is setting up a new entity to serve European institutional investors in digital assets
Private Payment System for Central Bank Digital Currency Possible, Says ECB
17.12.2019
New research from the European central bank claims that a central bank digital currency system that protects user privacy is possible
After BottlePay, Two More Crypto Firms Shut Down Due to Upcoming EU Rules
16.12.2019
Two EU-based crypto firms are shutting down because of the upcoming EU Anti-Money Laundering rules
European AML Directive Pushes Crypto Startup Bottle Pay Out of Business
15.12.2019
Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work...
Europe’s New Regulations Force Bitcoin Service Bottle Pay to Shut Down
14.12.2019
Bottle Pay to close social media Bitcoin transfer service citing AML restrictions that will hamper user experience
The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This Year
14.12.2019
Around half of European countries, over 20, now have 0% interest rates and a few are already in negative territory. Ukraine, which has the highest benchmark interest rate on the continent, has just reduced it again, for the fifth time this year. The race between central banks to cut rates, when...
Swiss Government Quashes ‘E-Franc,’ Says Current Risks Outweigh Benefits
13.12.2019
The Swiss government has quashed the idea of offering a digital currency, saying it currently presents more problems than opportunities
ECB President: ‘We Better Be Ahead of Curve’ on Stablecoins
12.12.2019
Christine Lagarde says financial institutions should foresee the demand for stablecoins
Reuters: Dutch Bank ING Working on Digital Asset Custody Technology
12.12.2019
ING is reportedly developing digital asset custody technology, becoming the latest mainstream financial institution to enter the crypto custody business
German SolarisBank Opens Subsidiary to Provide Custody Services for Digital Assets
12.12.2019
Solaris Digital Assets GmbH will provide the full range of solarisBank’s digital white-label banking services
Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun
11.12.2019
On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong...
Report: Denmark’s Tax Agency Is Sending Tax Compliance Letters to Crypto Users
10.12.2019
Danish tax agency is asking crypto users to provide a full background of all their cryptocurrency transactions
EU Finance Ministers Place Defacto Ban on Libra
6.12.2019
Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. The finance ministers issued a joint statement citing regulatory “challenges...
BitFlyer’s New ‘Instant Buy’ Feature Lets Users Buy Crypto With Cards or Transfers
6.12.2019
BitFlyer is allowing its European users to buy crypto using a credit card, debit card or local instant transfer
EU Won’t Let Stablecoins Enter Its Market Until Risks Are Addressed
5.12.2019
No global stablecoin project should begin operations in the EU until the associated risks are addressed, EU authorities say in a new adopted statement
France to Test Its Central Bank Digital Currency in Q1 2020: Official
4.12.2019
French central bank governor wants France to be the first country to issue a central bank digital currency