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European Countries Step Up Response to Facebook’s Libra
16.9.2019
The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra...
CME’s BTC Index Provider CF Benchmarks Wins EU License
14.9.2019
CF Benchmarks, CME Group’s Bitcoin index provider, receives a license under the European Benchmarks Regulation
Facebook Libra Already Facing an EU Antitrust Probe: Report
21.8.2019
Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project
UK Bank Standard Chartered Uses Blockchain for Supply Chain Finance
5.8.2019
Standard Chartered completed its first joint blockchain-based supply chain financing transaction in cooperation with Linklogis
More Signs the Next Big Financial Crisis May Begin in Germany
3.8.2019
Germany, the locomotive of Europe’s huge economy, is entering a difficult period, various indicators suggest. And when the Federal Republic sneezes, the Old Continent usually catches cold. This time, Germany may infect the rest of the world as well. An economic and financial crisis there...
G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra
20.7.2019
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue...
Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
13.7.2019
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation...
Police in Spain Say Bitcoin ATMs Expose Problems in Europe’s AML Laws
12.7.2019
Spanish police authorities are raising the alarm because a recent criminal case involved the use of bitcoin ATMs, making their jobs more difficult
Christine Lagarde Nominated As Next President Of European Central Bank
3.7.2019
The European Central Bank and the International Monetary Fund are perhaps two of the most important institutions in the world, and hence, it does not come as a surprise that the former has tapped the latter’s chief for the top job. In a new development, it has emerged that the ECB has nominated...
Dutch Ministers Call for Cryptocurrency, Cash Use Regulations
1.7.2019
Dutch ministers have proposed that the government regulate crypto and large cash transactions, citing concerns over money laundering
European Union Gives Unconditional Approval To IBM’s $34 Billion Red Hat Deal
28.6.2019
As far as tech industry royalty is concerned, then IBM is right up there with the biggest names in the industry and its move to acquire Red Hat, an open source software firm for a mammoth $34 billion is an indication of its ambitions. As everyone knows, cloud computing is now the emerging industry...
EU Banks to Deploy Instant Payments System in Response to Competition From Libra
27.6.2019
A comprehensive instantaneous payments system may be in place in the European Union by 2020
Malta Needs to Up Its AML Game As Crypto Sector Grows, Says EU
5.6.2019
Malta should increase its anti-money laundering policing to match the growth in financial and crypto services, according to the EU
European Bank Official Shares Benefits Of Central Bank Digital Currencies, Positive Signs For Industry
29.5.2019
The European journey for cryptocurrencies has been quite dull, slow, and even uncertain at times. Compared to other regions like Asia and South America, Europe has stayed quite cold and unexplored in terms of digital currencies. However, recent developments in Europe are quite encouraging for...
New Report By European Central Bank Says That Cryptocurrencies Are Not A Threat To Financial Stability
21.5.2019
Cryptocurrencies have become one of the most talked about topics in recent times, and certainly among the most debated ones. However, regulators across the globe seem to be at war with digital assets, which are often thought of as harmful for economic health. Europe has played more or less...
Cryptocurrencies Pose No Threat to Financial Stability: EU Central Bank
20.5.2019
The European Central Bank has said that cryptocurrencies are currently not a threat to financial stability in the euro zone
After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter
19.5.2019
When quantitative easing (QE) was introduced, it was likened to a drug, with central banks making an emergency injection of money to resuscitate the global economy. Now it seems that some politicians have gotten addicted to this drug, going as far as to claim that government deficits don’t...
European Union Fines 5 Top Banks 1 Billion Euros for Foreign Exchange Market Rigging
17.5.2019
Over the course of their history, some of the biggest banks in the world have often colluded to rig the different markets in which they operate, and much of that has come out in the open over the past decade or so. The fixing of LIBOR was a case in point, and in a new …
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European Union’s Copyright Directive Proves To Be A New Threat For Youtube
13.5.2019
Alphabet Inc, which owns Google and YouTube among other internet properties, has been in the crosshairs of the regulatory authorities in the European Union (EU) for quite a while and earlier this year, the company had to pay the EU billions in fines for abusing its position as a dominant player....
Vítejte v džungli: Co potřebujete, abyste mohli úspěšně řídit byznys na Amazonu
13.3.2019
Amazon je přesně tím, co titulek napovídá – divokou, hustou džunglí, která nedá svým obyvatelům šanci, pokud sejdou z cesty a nepřinesou zásob. Mnoho mladých podnikatelů do této džungle vydalo s přesvědčením „můžu řídit svět, všechno, co potřebuji, je poháněné nastavením mysli, nasazením a guru...