European Union To Grant Crypto Oversight to New AML Watchdog: Report

The European Union is reportedly planning to grant a new financial watchdog the responsibility of overseeing the crypto industry’s anti-money laundering and associated risks, per Bloomberg.  Per Bloom...

Crypto Inflows Persist Despite Threat of Looming European Conflict

Inflows into digital asset investment products continued for a fifth week in a row, amounting to $109 million. The most recent CoinsShare report highlighted that inflows had persisted despite recent p...

European Indexes Waver, Russian Stocks Fall Amid Ukraine Tensions

European stock indexes wavered as investors watched for signs of escalation between Moscow and the West, alongside the potential for a diplomatic solution.  U.S. stock markets will be closed Monday fo...

European Union Open to Crypto, Says Home Affairs Commissioner

Regulation and cybercriminal activity in the crypto industry formed the dialogue around crypto at the Munich Security Conference 2022. European Union Commissioner for Home Affairs said that the Europe...

Portugal slowly becoming a ‘haven’ for European Bitcoiners

While Switzerland holds the spotlight for being the most crypto-friendly jurisdiction in Europe, Portugal is picking up the pace. Indeed, the Republic offers more than just quality of life improvement...

European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year – Finance Bitcoin News

The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis f...

Mazda Of Japan’s Electrification Plan Insists On Big Role For Traditional Engines

Mazda CX-5 Mazda As European automakers bow to the politicians and seek to rid themselves of carbon dioxide (CO2) spewing internal combustion engines (ICE), at least in their home markets, Mazda is do...

EU Regional ‘Digital Euro’ CBDC Now Inevitable Come 2023 Says European Commission ⋆ ZyCrypto

Advertisement &nbsp &nbsp The European Commission (EC) Finance Chief, Mairead McGuinness, has officially declared a timeline for the actualization of Europe’s central Digital ...

European countries scrap Covid rules despite warnings it’s too soon

A pedestrian zone in Oslo on Feb. 2, 2022, after Norway scrapped most of its Covid restrictions. Terje Pedersen | NTB | AFP | Getty Images LONDON — Several European countries are scrapping Covid regul...

European Union to Consider Digital Euro Legislation by Next Year: Report

In brief The European Union has been talking about central bank digital currencies for some time now. Yesterday, the EU finance chief said that early next year a bill for a digital euro would be propo...

European nuclear fusion experiment announces ‘record-breaking’ results

Nuclear fusion powers the Sun. Pierre Longnus | The Image Bank | Getty Images Researchers working on a project centered around fusion energy — the process that powers stars — have hailed “record...

European Car Sales Rally Expected, But Strong Electric Performance Jeopardized By Charging Sloth

Oliver Zipse, CEO of BMW, and an i4 electric car. Zipse warned the charging network is developing … [+] too slowly (Photo by TOBIAS SCHWARZ/AFP via Getty Images) AFP via Getty Images Two high-pr...

The European Union studies the rules for the metaverse- The Cryptonomist

Margrethe Vestager, the European Commissioner for Competition, has recently stated that she wants to take some time to study and understand the metaverse in depth before she can decide how to regulate...

Jump Trade Joins Tradeweb’s European Government Bond Market

Tradeweb Markets (Nasdaq: TW), an electronic marketplace for financial instruments, announced on Monday that Jump Trading has joined its European Government Bond marketplace. With this, Jump Trading c...

Are NFTs an animal to be regulated? A European approach to decentralization, Part 1

Nonfungible tokens (NFTs) are constantly in the news. NFT platforms are springing up like mushrooms and champions are emerging, such as OpenSea. It is a real platform economy that is emerging, like th...

European Central Bank (ECB) will not raise interest rates

The level of inflation globally has increased significantly. However, the European Central Bank (ECB) has stated that it will not change the interest rates. The US Federal Reserve has been discussing ...

European Central Bank Keeps Interest Rates Low And Expects Inflation To Stay Elevated

While the Federal Reserve continues to threaten interest rate hikes amid rising inflation, the ECB has taken a different approach. Bank President Christine Lagarde stated they will “not rush into a de...

Why Is New England Paying The Equivalent Of $180 Oil For Natural Gas?

LNG tanker in Boston harbor. Pipelines from Pennsylvania would fix this. MediaNews Group via Getty Images Yesterday New Englanders had reason to feel a little more … European than usual. that’s becaus...

TrueLayer Expands European Presence, Enters 5 New Markets

In an effort to cover a large part of the European region, the fintech firm, TrueLayer announced its entrance into five new markets. The company has added Austria, Belgium, Denmark, Finland and Portug...

First Belgian Elected as European Legislator to Accept Salary in Bitcoin

Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin, according to local media outlet Bruzz.  De Beukelaer noted: ...

Belgian Lawmaker Elected as the First European Legislator, Accepting Salary in Bitcoin

Following in the footsteps of New York City Mayor Eric Adams, Brussels MP Christophe De Beukelaer intends to convert his salary to Bitcoin, according to local media outlet Bruzz.  De Beukelaer noted: ...

In 2021, Germany Remained European Powerhouse

U.S. trade with Germany is on track to have set a record in 2021 when annual data is released in … [+] early February. Its trade in November included record exports and record imports. ustradenu...

Is Poland Still the European Tiger in the Forex World?

Finance Magnates presents country-oriented reviews in the newest series of foreign exchange (FX) industry analyses. We want to x-ray economies, most popular trading brands, legislation, volumes, numbe...

How should DeFi be regulated? A European approach to decentralization

Decentralized finance, known as DeFi, is a new use of blockchain technology that is growing rapidly, with over $237 billion in value locked up in DeFi projects as of January 2022. Regulators are aware...

the threat to Bitcoin from the European Union

From the top of the European Union comes a clear message against Bitcoin mining: Proof of Work deserves a ban because it consumes too much energy. This is said by Erik Thedéen, vice president of the E...

European bridge between Crypto and the Euro launched

The largest crypto exchange BitMEX is buying one of Germany’s oldest banks. This means that the European Union must more intensively introduce blockchain technology into the continent’s traditional ec...

European Markets Regulator Urges The EU To Ban Proof-of-Work Bitcoin Mining

Proof-of-work bitcoin mining should be banned, according to the vice chair of the European Securities and Markets Authority. Erik Thedéen suggested that European authorities explore prohibiting proof-...

European Regulator Calls for Effective Ban on Proof-of-Work Crypto Mining

Erik Thedéen, the vice-chairman of the European Securities and Markets Authority, has renewed fresh calls for widespread ban on Bitcoin mining. In an interview with The Financial Times media outlets, ...

FCA Suspends Four European Firms from Operating under TPR

The British financial market regulator announced on Tuesday that it has canceled the temporary permissions of four European financial services firms that were operating under the temporary permissions...

French Crypto Platform Coinhouse Raises $17M to Fuel European Expansion

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...

European VC Blossom Capital Raises $432M For Investments in Tech, Crypto: Report

London-based venture capital (VC) firm Blossom Capital has raised $432 million to invest in early-stage technology startups in Europe, including crypto, according to a Bloomberg report published on Tu...

IOTA Chosen By European Union To Develop Blockchain Solutions

IOTA was selected as one of the projects that will take part in the European Union Blockchain Pre-Commercial Procurement. The platform will be competing with four projects in a second round for this E...