The Klarna logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Europe’s tech industry has lost more than $400 billion in value this year, according to ve...
Tag: European
European Commission could raise $2.5bn in crypto taxes
The European Commission has reportedly drafted a proposal to tax crypto assets to raise around $2.5 billion. This directive will affect regulated cryptocurrency networks and investors located in the E...
European Leaders Are Right To Worry About America Sucking Up The World’s Clean-Energy Capital Investment
WASHINGTON, DC – AUGUST 16: U.S. President Joe Biden (C) signs The Inflation Reduction Act with … [+] (L-R) Sen. Joe Manchin (D-WV), Senate Majority Leader Charles Schumer (D-NY), House Ma...
Bitcoin Is A Polluter, Claims European Central Bank Officials
According to the Director General of the European Central Bank and his advisor, Bitcoin is headed towards becoming ‘irrelevant’ soon. In a recent blog post, they questioned the value that Bitcoin has...
Bitcoin on ‘Road to Irrelevance,’ European Central Bank Says
Just more than a year ago, on Nov. 10, 2021, the value of one bitcoin reached its all-time high at more than $68,000. That was after 10 months of strong gains, as it had started 2021 in the $30,000 ra...
European Central Bank says Bitcoin is dead
The European Central Bank is painting a very pessimistic outlook for Bitcoin (BTC/USD), noting that the flagship cryptocurrency is now at its “last stand” and could be on its way to “irrelevance.” As ...
European Central Bank is in a critical phase in the inflation fight with possible rate hikes
The European Central Bank is set to embark on a critical chapter in its inflation fight, likely to usher in more divisive monetary policy moves. Interest rate hikes to be coupled with a lever for tigh...
FTX proves MiCA should be passed fast, officials tell European Parliament committee
The European Parliament Economic and Monetary Affairs Committee held a hearing on the “FTX cryptocurrency exchange collapse and implications for the EU” on Nov. 30. Three European monetary...
European Central Bank says crypto is dead, but is it?
The European Central Bank (ECB) has released its strongest bearish statement on crypto to date. In a blog post on its website, the bank chastises the EU Commission for legitimizing the industry with n...
European Commissioner Has Threatened to Shut Down Elon Musk’s Twitter
As regulators crack down on Elon Musk’s efforts to turn the social network into a safe haven of free speech, Musk is facing further criticism from the US and EU over his ownership of Twitter. In a vi...
European Central Bank Issues Major Warning About Bitcoin
Alex Dovbnya World’s largest cryptocurrency is already on path to irrelevance, according to European Central Bank (ECB) In a recently published blog post, Ulrich Bindseil, director general of ma...
Yes! The European Central Bank Gets This Right About Bitcoin!
European central bankers, on brand as ever, have shared a tersely worded cope-memo decrying bitcoin and its dastardly ways — and inadvertently made the case for never regulating it. The essay doubles ...
European Central Bank blasts Bitcoin —community responds
In light of the recent FTX collapse and liquidity scandal, regulators in the European Union have joined other global lawmakers in a push for more clear guidelines and regulations on cryptos. The Europ...
European Central Bank Berates Bitcoin Says it is On ‘The Road To Irrelevance’
– Advertisement – The ECB asserts that Bitcoin has failed to live up to the hype, but the crypto community is not buying it. The European Central Bank has asserted that Bitcoin is standing...
European Gas Prices Are Up As Outages Occur In Some Facilities
On Tuesday, European natural gas prices jumped around 7.1% as the cold weather is predicted to deplete gas stockpiles and disruptions at a few facilities. According to research from forecaster Maxar, ...
Bitcoin is on the ‘road to irrelevance’ warns European Central Bank
Officials from the European Central Bank (ECB) have made a firm rejection of Bitcoin (BTC) by labelling the digital asset as inappropriate both as a payment mechanism and as an investment vehicle amid...
European Central Bank says bitcoin is on the ‘road to irrelevance’
The bitcoin logo displayed on a smartphone with euro banknotes in the backgrouund. Andrea Ronchini | NurPhoto via Getty Images The European Central Bank gave a strong critique of bitcoin on Wednesday,...
BudBlockz Set to Skyrocket as Cardano Foundation Partners with Major European Exchange WhiteBIT
The blockchain space and its investors are ready for the dynamic change happening in the system. Though it’s been a difficult year for investors, certain coins want to change the narration. The Carda...
Carlyle Raises $3B Worth of Funding to Invest in European Tech
Leading private equity Carlyle seeks to use its funding to enhance Europe’s cleantech, cybersecurity, and digital transformation sectors. The Carlyle Group (NASDAQ: CG) has raised more than $3 billion...
‘We are treading water:’ An energy crisis is grinding European industry to a halt as the U.S. and China race ahead, Volkswagen warns
Europe’s energy crisis is leaving the continent’s industry at a standstill, and its biggest car manufacturer says competitors are racing ahead as EU governments fail to provide enough support. Energy ...
Coinbase strengthens European arm with new hires
Crypto exchange Coinbase is reinforcing its European senior positions with a series of new hires and promotions, Bloomberg reports. Crypto.com’s former general manager has come on board as count...
The Case For Manchester United Attempting To Sign SL Benfica’s Young Centre Back Maverick
DOHA, QATAR – NOVEMBER 19: Antonio Silva of Portugal poses during the official FIFA World Cup Qatar … [+] 2022 portrait session on November 19, 2022 in Doha, Qatar. (Photo by Lars Baron &#...
Bitpanda is Germany’s first “European retail” crypto platform.
The news that Bitpanda has secured a cryptocurrency custody license from the German financial organization known as BaFin was published in a post on the company’s official blog, where the announ...
European Union Members Divided Over a Proposal to Cap Gas Prices
The energy crisis in Europe continues to draw division among EU member states regarding the best way to address it. Some members are now against plans to cap natural gas prices at €275 per megawatt ho...
Russia Loses 90% of Its Key European Oil Market Before Sanctions
(Bloomberg) — With just two weeks to go until European Union sanctions come into force, Russia has already lost more than 90% of its market in the bloc’s northern countries, previously the mains...
IOTA Makes It To Final Phase Of European Blockchain Pre-Commercial Procurement
– Advertisement – IOTA is one of only three firms to make it to the final phase of the EU’s cross-border service blockchain initiative. IOTA has made it to the final phase of the European ...
On Eve Of World Cup, FIFA Boss Infantino Blasts Qatar Critics
DOHA, QATAR – NOVEMBER 19: FIFA President Gianni Infantino speaks during the FIFA President Press … [+] Conference at Virtual Stadium 1 at MMC on November 19, 2022 in Doha, Qatar. (Photo b...
Ripple Eyes European Expansion with Ireland Registration
Ripple plans on expanding globally by a registering in Ireland, as most of its business is based outside the U.S. Due to its legal troubles with the Securities and Exchange Commission (SEC), Ripple Ge...
Tesla’s Chinese Rival Nio Juices Up Its European Expansion
Electric vehicle maker NIO Inc (NYSE: NIO) accelerated its European expansion, TechCrunch reports. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company s...