Bitcoin Blockchain and Cryptocurrency News Center
A deep dive into the EU’s Markets in Crypto-Assets regulatory proposal, which could provide a precedent for other countries. The global landscape of crypto-asset regulations is diverse and, even though it is getting more complex, many regulators are still choosing to wait and see how this space develops and what others will do. Right now, […]
An executive at the European Central Bank (ECB) has said a future digital euro initiative could save the eurozone from relying on digital currencies issued by foreign entities. In a post on Friday, ECB executive member Fabio Panetta, formerly head of the Italian central bank, said the envisioned aim of a central bank digital currency (CBDC) would […]
Crypto continues its trek into the mainstream. The European Union, or EU, plans to incorporate crypto and blockchain technology into its main processes by 2024. Over the next four years, the economic union aims to firm up fresh regulations that will promote blockchain and digital asset usage for international money transfers, according to internal documents that Reuters reported […]
Governments around the world are facing hard choices when it comes to cryptocurrency: overregulate it and risk losing the benefits to the economy, or do nothing and make themselves vulnerable to those who step up. Currently, the European Union can’t figure out what to do about Libra, the digital currency set to be released by […]
UPDATE (Nov. 7, 2019, 16:55 UTC): The draft declaration, published online Wednesday evening, does not include any recommendations that the EU issue its own stablecoin. However, the document does leave the door open for the ECB and other central banks to “assess the costs and benefits of central bank digital currencies.”The European Union is taking a closer […]
Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member states to transpose EU’s Fifth Anti-Money Laundering Directive (AMLD5) […]
Banking startup 2gether is launching a prepaid Visa debit card that allows users to spend cryptocurrencies, the CoinDesk reported. In an announcement, 2gether said customers will be able to use the card to pay with either euros or any of the following seven cryptocurrencies: bitcoin (BTC), ether (ETH), XRP, bitcoin cash (BCH), EOS, Stellar (XLM) and litecoin (LTC). […]
French President Emmanuel Macron has advocated the use of blockchain to innovate supply chain management in the European agriculture industry. The president made his remarks during the 56th International Agriculture Fair in Paris on Saturday, Togolese agriculture news site Agridigitale reported on Feb. 23. Macron called for unity among European nations to counter competition from global markets in China, Russia and […]
Liechtenstein-based Bank Frick is launching an institutional cryptocurrency trading platform subsidiary, DLT Markets, Cointelegraph auf Deutsch reported on Feb. 22. According to the bank’s announcement, DLT Markets will provide institutional investors “with fully regulated and secure multi-exchange access to the digital token asset class.” Edi Wögerer, CEO of Bank Frick, declared: “With our spin-off, we are offering institutional clients a […]
The German government is seeking industry feedback ahead of developing the country’s blockchain strategy by the summer, the CoinDesk writes. A Reuters report on Monday, citing anonymous government sources, said that companies and industry groups “that could become stakeholders in a blockchain deployment process” have been invited to provide recommendations on the strategy. Whether proposed recommendations would […]