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British Fintech Revolut Granted Crypto License in Cyprus
18.8.2022
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services...
Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals
5.8.2022
Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image as one of Europe’s most crypto-friendly destinations, a haven for bitcoin enthusiasts....
European Crypto Exchange Bitstamp Registers to Operate in Italy
25.7.2022
Bitstamp is the latest crypto exchange to register with Italy's financial regulator
KuCoin Launches Key EUR Spot Trading Pairs to Boost European Crypto Adoption
29.6.2022
Europe is one of the significant proverbial battlefields for cryptocurrency to gain broader mainstream traction. Streamlining access to cryptocurrencies through EUR-based deposit methods is essential. KuCoin, one of the biggest crypto exchanges worldwide, will enable three key EUR spot trading...
European Crypto Exchange Bitpanda Cuts Staff by Hundreds
24.6.2022
Bitpanda announced it is reducing its employee count to 730, down from about 1,000
European Crypto Unicorn Bitpanda Is Now Regulated in Spain
21.6.2022
The cryptocurrency exchange is also registered with regulators in Austria, France, Italy and Sweden
Eurovision Winners’ NFT Auction Raises $900K for Charity
6.6.2022
Kalush Orchestra, the winners of the Eurovision Song Contest 2022, have successfully auctioned off an NFT for charity. The auction was held on MetaHistory — the official Ukrainian charitable NFT museum – and raised $900,000 in cryptocurrency for Ukraine. MetaHistory and Kalush...
German BaFin official calls for 'innovative' EU-wide DeFi regulation
18.5.2022
Highlighting Germany’s crypto license as an example of attractive regulation, Birgit Rodolphe writes that similar frameworks should be the same throughout the EU to “prevent a fragmented market.”
Grayscale Eyeing Expansion Into European Crypto Fund Market: Report
26.4.2022
Grayscale Investments is eyeing expansion into the European market for crypto funds, Bloomberg reported Tuesday
Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements
23.4.2022
Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as legal...
European crypto regulatory framework goes to three-way consideration without PoW ban
25.3.2022
The EU parliament didn’t use its option to block the current version of MiCA that does not contain the hostile clause
EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets
14.3.2022
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by European Parliament member Stefan Berger receives support instead. Committee Rejects...
Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation
3.3.2022
A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal...
Binance to spend $115M in France to develop European crypto ecosystem
4.11.2021
Binance CEO Changpeng Zhao announced the launch of the $115 million crypto and blockchain initiative during a conference in France
Standard Chartered plans European crypto exchange after HSBC says 'no' to industry
2.6.2021
A new joint venture with the owner of the first licensed Hong Kong exchange will focus on institutional clients in the U.K. and Europe
European crypto company Bitpanda raises $170M
16.3.2021
The funding round was led by Valar Ventures and partners from DST Global
Voyager Digital Buys European Crypto Exchange Focused on Institutional Investors
24.10.2020
Crypto-asset broker Voyager Digital Ltd is buying LGO Markets, a French cryptocurrency exchange focused on corporate investors. The two firms will merge under one brand, Voyager, and their two separate native tokens, VGX and LGO, will also merge. The deal grants Voyager, a Canadian Securities...
Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund
1.10.2020
Onecoin victims have joined a consortium that wants the European Parliament to consider a petition seeking the establishment of a compensation fund. The envisioned EU-administered fund will function as an insurance kitty for current and future victims of all crypto fraud. The petitioners...
European Crypto Exchange Hacked for $5.4 Million in Bitcoin
11.9.2020
Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said. Hot wallets are active digital asset accounts connected...
$5M stolen from a European crypto exchange after hot wallets compromised
9.9.2020
Hot wallet attacks have been making a lot of headlines lately