European

European Governments Are Taking Greater Steps To Regulate Blockchain Tech

Europe has always been a hot spot of crypto activity, and now a number of European states may finally be ready to recognize the legitimacy of blockchain technology and begin regulating cryptocurrencies. Germany has become the latest European nation to take this step, as a bill enabling banks to enter the crypto space has passed …

European Governments Are Taking Greater Steps To Regulate Blockchain
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Major European Firms Harness Blockchain To Track Renewable Energy

Two major companies from the Iberian peninsular have just announced the launch of a blockchain-powered system to verify the sustainability of electricity. Spain’s department store El Corte Inglés will use the system to prove the company’s commitment to reducing its carbon emissions.Supplying the clean energy to El Corte Inglés stores will be the firm’s long …

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Gemini Aims For European Crypto Expansion Through New Hire

Gemini, the crypto exchange based in New York, had its European branch, Gemini Europe LLC., take in Julian Sawyer as Managing Director for UK and Europe. As one of the world’s leading crypto trading and custodian platforms, Gemini is showing a clear interest in expanding into the European Market. The company no doubt plans on …

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European Central Bank Considers the Development of a CBDC

Over the last couple of years, governments and central banks throughout the world have been actively researching the opportunities and potential drawbacks of releasing central bank-based digital currencies. So far, China, Uruguay and Sweden are getting close to the official release of their CBDCs. Recent developments in the global payments market have encouraged other central …

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European Banks Struggle With Low Interest Rates and Strict Regulations

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. Historically low interest rates, new regulatory hurdles and competition from …

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Bitcoin Exchange Coinbase Dives Into European Expansion, Reaches Milestone With Coveted E-money License

Coinbase, the leading cryptocurrency trading platform in the US, just scored a major victory for its expansion plans in Europe. Regulators from the Central Bank of Ireland have granted the San Francisco-based exchange an e-money license, making it one of only a few companies in the space to obtain such approval. The company says its …

Bitcoin Exchange Coinbase Dives Into European Expansion, Reaches
Milestone With Coveted E-money License
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European Countries Step Up Response to Facebook’s Libra

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 can be regulated under EU laws. Also read: India’s Popular ‘Who …

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