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Digitized Europe: The Shift to a Cashless World
11.5.2020
Emerging technologies such as blockchain are reshaping the landscape of the traditional financial system in Europe
‘Game-Changer’ Retail Digital Currency Now European Central Bank’s Focus, Board Member Says
11.5.2020
The European Central Bank is looking into what a retail central bank digital currency form of the euro might look like, executive member Yves Mersch said
Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking
8.5.2020
Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47.38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according...
Europe’s Largest Private Hospital Hit By Crypto Ransomware Amid Pandemic
7.5.2020
Hackers infected the largest private hospital in Europe with ransomware
Anycoin Direct Launches Innovative New Platform
6.5.2020
Cryptocurrency exchange service Anycoin Direct rolls out a new website for the European market. With their newly designed website, Anycoin Direct aims to make the buying and selling process of cryptocurrencies more accessible for everyone. The personalized design is unique within the cryptocurrency...
European Central Bank Calls for Proactive Stablecoin Regulation
5.5.2020
The European Central Bank says global stablecoins require clear regulatory structure prior to approval
European Money Printer Goes Brrr Program Runs Into a Problem
5.5.2020
Euro symbol in front of the European Central Bank in Frankfurt, Germany. After years of discussions over the role of the European Central Bank (ECB) and its controversial quantitative easing program, Germany's Constitutional Court has decided that it has some legal challenges.
However, German's...
IBM Teams With 3 European Power Grids to Build Green Energy Blockchain Platform
5.5.2020
IBM has created a new blockchain consortium with power grid operators TenneT, Swissgrid and Terna to help facilitate the transition to renewable energy
German Security Token Platform to Develop a Custody Solution
4.5.2020
German STO platform Black Manta joins digital asset custody firm Finoa to develop institutional security token custody
ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone
2.5.2020
The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. Unprecedented Economic...
European Central Bank: Digital Euro Should Not Discourage Private Initiatives
28.4.2020
The European Central Bank believes that the digital euro is just one of many solutions to nationalize its payment systems
Dutch Central Bank Wants to Be European Union’s CBDC Proving Ground
21.4.2020
The Dutch Central Bank is making a bid to become the European Union’s proving ground for a central bank digital currency
European Contact Tracing Consortium Faces Wave of Defections Over Centralization Concerns
20.4.2020
Contact tracing researchers fear Europe could choose a centralized system that puts personal privacy at risk
Bankera Launches Bank Account Alternative Focused on Crypto Businesses
17.4.2020
Bankera, an ambitious project to build a neobank for the digital era, has started to offer payment accounts to individual and business clients as a low-cost, fast and convenient alternative to traditional bank accounts. Individual and business clients who sign up to the service can already enjoy...
Decentralized Protocol Removed From EU Contact Tracing Website Without Notice
16.4.2020
EU researchers are concerned after their proposal for a decentralized contact tracing system was rejected without explanation
European Bitcoin Trading Platform LGO Integrates Fireblocks
16.4.2020
Fireblocks will integrate its security infrastructure in LGO Bitcoin trading platform
International Regulatory Milestones for Crypto Exchanges in 2020
15.4.2020
2020 has already become the year of new regulations worldwide: What’s new for cryptocurrency exchanges?
ECB Expects Worse Recession in Europe Than Global Economy
14.4.2020
The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1 trillion), explained...
EU Lawmakers Want to Create a New Regulator for Crypto 'Blind Spots'
13.4.2020
Alongside stablecoins and token-based fundraising, the EU parliament asserts that Bitcoin mining poses a money laundering risk
80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany
12.4.2020
Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares...