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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
Gemini Hires Former Starling Bank Exec for Push Into Europe
4.12.2019
Major U.S. crypto exchange Gemini hires a former Starling Bank exec to lead its push into Europe
European Banks Struggle With Low Interest Rates and Strict Regulations
4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....
Gemini Hires Former Starling Bank Founder as Managing Director of Europe
4.12.2019
The exchange hired Julian Sawyer, former co-founder and chief operating officer of a U.K. digital bank, to shape the exchange’s strategy in the region and manage European hiring
Study: Blockchain to Save $450B in Supply Chain Costs in Western Europe
3.12.2019
A new study from Cointelegraph Consulting and Insolar highlights potential massive savings to be had through enterprise blockchain adoption
Danish Court Upholds Nordea Bank Ban on Employees Owning Bitcoin
3.12.2019
Nordea Bank can now officially bar its employees from owning cryptocurrencies, according to a court ruling
Swiss Executive Branch Calls for Improved Regulations for Blockchain
27.11.2019
The Swiss Federal Council has adopted a list of proposals for improving blockchain regulations in the country
Bitmain-Backed Cryptocurrency Startup Matrixport to Open Zurich Office
26.11.2019
Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will open a new office in Zurich
ECB Board Member: Global Stablecoins Pose Risks to a ‘Fragmented’ Europe
26.11.2019
Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure