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“# BitPanda to provide crypto custody with the acquisition of FCA-approved Trustology ” BitPanda, a Viena-based crypto exchange platform has made its maiden acquisition in the form of United Kingdom-based Trustology, a crypto custodian and wallet service provider for an undisclosed amount. BitPanda will rebrand the newly acquired fintech firm to BitPanda custody in a…
“# Not taking the time to learn about BTC is ‘Europe’s biggest risk,’ says Belgian MP ” Christophe De Beukelaer is the first European politician to convert his entire salary to Bitcoin (BTC). He kicked off 2022 with the bold move, hoping to raise awareness about Bitcoin and alternative monetary models, financial education and get people…
“# Fidelity International launches Bitcoin ETP on Deutsche Boerse ” Major financial services firm Fidelity International will be listing a Bitcoin exchange-traded product on the SIX Swiss Exchange and Germany’s Xetra digital stock exchange. According to a Tuesday announcement from Deutsche Boerse, a physical Bitcoin exchange-traded product, or ETP, from Fidelity International is now available…
“# 61% of Luxembourg financial players to embark on crypto journey in 2022: PwC ” In a bullish report released by professional services firm PwC Luxembourg, 61% of 123 Luxembourg-based financial players are “embarking or planning to embark on a crypto journey.” The report comes hot on the heels of competitor professional services firm KPMG…
“#Inflation would rise if Russia invaded Ukraine” US inflation — already stuck at a 40-year high of 7.5% — could spike to 10% or higher if Russia invades Ukraine, according to a new analysis. That’s because oil prices could rise to well over $100 a barrel if Russia — a major oil producer — has…
“# Hungary’s central bank chief wants EU-wide crypto trading and mining ban ” György Matolcsy, Governor of the Hungarian National Bank, has proposed a blanket ban on all cryptocurrency trading and mining operations across the European Union. Governor Matolcsy cited the recent crypto ban imposed by China in a blog post shared by the Hungarian…
“# EU finance chief says digital euro bill coming in early 2023 ” The European Commission has announced that a bill for a digital euro will be proposed in 2023. As first reported by Politico, EC finance chief Mairead McGuinness officially disclosed the EU’s formal consideration of digital euro legislation at a fintech conference on…
“# Vale Diem: How Facebook’s ambitious stablecoin project came to an end ” On Jan. 31, Meta, formerly known as Facebook, announced that it was pulling from its stablecoin project, Diem, formerly known as Libra. Intellectual property and other assets related to the operations of the Diem Payment Network were to be sold to Silvergate…
“# Belgian MP becomes first European politician to accept salary in Bitcoin ” Bitcoin (BTC) craze among lawmakers has reached the Belgian parliament now, as Brussels member of parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin. The Brussels MP’s monthly salary of EUR 5,500 will be converted to…
“# Germany’s 2021: New regulations, the digital euro and NFTs on the rise ” An interesting year has come to an end for the crypto industry in Germany. Although blockchain technology and cryptocurrencies have not yet found wide acceptance in the country, more and more domestic institutions and investors are becoming interested in the crypto…