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Kraken Crypto Exchange Seeks EU License, Eyes Expansion in Europe
25.8.2021
U.S.-based cryptocurrency exchange Kraken is preparing to expand operations in the European market, according to the German press. The coin trading platform is in talks with regulators and plans to acquire a license in an EU member state, its founder Jesse Powell revealed. Kraken to Enter European...
US Kraken exchange targets European license in 2021, says CEO
24.8.2021
Kraken’s potential European regulatory jurisdictions reportedly include countries like Malta, Luxembourg, and Ireland
Europe prepares for first Bitcoin futures launch amid US ETF stalemate
24.8.2021
No sign of an ETF launch approval in the U.S. as yet, with Europe soon to see a pioneering Bitcoin futures product
Swiss B2B bank InCore launches new tokenization tool using Tezos
24.8.2021
InCore Bank also announced the upcoming launch of Tezos custody, staking and trading services targeting financial institutions
PSV Eindhoven soccer club to accept new sponsorship deal in Bitcoin
18.8.2021
Anycoin Direct is now an official partner of PSV for the next two seasons, helping grow awareness of crypto across Europe
Fintech company Leonteq expands crypto offering in Europe
16.8.2021
Swiss-based financial firm Leonteq have launched an investment suite of 18 crypto assets with an inherent focus on institutional investors throughout Germany and Austria
Vietnam leads crypto adoption in Finder's 27-country survey
14.8.2021
Financial product comparison website Finder.com has released its latest crypto report, where it evaluated adoption trends across 27 countries in Europe, Asia and the Americas
Stellar blockchain remittance corridor to power Thailand-Europe payments
11.8.2021
The new cross-border remittance corridor will be hosted on the Stellar blockchain and serve around 600 million customers
Europe’s Largest Telecom Provider Chooses to Leverage Coinbase Custody to Stake CELO Tokens
9.8.2021
The largest telecommunications provider in Europe, Deutsche Telekom AG, announced on Monday that it will be leveraging Coinbase Custody to hold the firm’s celo tokens. Celo is a mobile-first platform that connects to decentralized apps, is EVM compatible, and the network allows holders...
UK’s Standard Chartered to Offer Crypto Brokerage Services in Ireland
8.8.2021
British bank Standard Chartered will offer cryptocurrency broker services in Ireland through its Zodia Custody subsidiary. The digital asset custodian will focus on signing up institutional investors in the Republic which has become a European base for many financial institutions and crypto...
French fund manager launches EU-regulated ETF that tracks Bitcoin price
5.8.2021
France's securities regulator approves, the Bitcoin-tracking fund fully complies with the European Union's UCITS standards
Binance Winds Down Derivatives In Europe While Malaysia Takes Action
30.7.2021
Source: Instagram, Binance
The crypto exchange giant Binance has run into yet more regulatory trouble in Asia while it's making new preventive moves in Europe.
The platform issued a notice on its Binance.com website explaining that it “plans to wind down its futures and derivatives products...
Binance to shut down crypto derivatives trading in Europe
30.7.2021
Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands
EU entrusts $30M to new blockchain and digital assets fund
29.7.2021
The European Investment Fund invested $30 million in a new $120 million blockchain and digital assets fund, highlighting the sector’s “strategic importance” for the EU
Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push
25.7.2021
Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the changes aimed at disrupting illicit transactions at the union level while calling them...
Kenyan Remittances Surged by 20% in H1, North America and Europe-Based Diaspora Contribute Over 80%
22.7.2021
According to the latest data from the Central Bank of Kenya (CBK), diaspora remittances inflows to the country surged to $1.75 billion in the first six months of 2021. This figure represents a nearly 20% increase from the $1.46 billion recorded in the same period last year. 2021 Inflows Set...
Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says
22.7.2021
Europe’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the design and purpose of the digital euro after a decade-long delay, if cryptocurrency is taken...
Poland, Romania Rank in Top 10 for Number of Bitcoin ATMs, World’s Total Exceeds 23,000
15.7.2021
Two East European nations, Poland and Romania, are now among the top 10 countries hosting the most cryptocurrency ATMs. The global number of teller machines supporting crypto transactions has increased exponentially over the past months, now reaching over 23,000 devices. Poland Ranks Among Leading...
Softbank leads $800M investment for banking app Revolut
15.7.2021
Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm's CFO suggested that it was unlikely
Digital Euro Project Gets Going as ECB Launches Investigation Phase
15.7.2021
After months of deliberation, the European Central Bank has decided to proceed with a digital euro project. Officials insist the new version of Europe’s common currency should “ensure privacy” and provide access to “the safest form of money” at...