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“# Ukraine joins the comity of crypto-friendly nations with new regulation ” The legal status of cryptocurrencies remains a mixed bag of regulatory positions, depending on the jurisdiction being considered. While some countries move toward blanket prohibitions or stringent regulations, others elect to go with a more open approach to crypto. For Ukraine, the latter…
“# Basel draft rules make crypto too costly for banks to trade, says industry ” Nine banking industry associations have submitted a letter to the Basel Committee on Banking Supervision (BCBS) in response to its proposal to introduce stringent capital requirements for banks looking to hold crypto assets on their books. In June of this…
“#28 famous landmarks in Turkey“ In this post of our World Landmarks series, we focus on the famous landmarks in Turkey. From the enchanting monuments in Istanbul to Cappadocia, Turkey is blessed with attractions and unbelievable places worth visiting. As usual in this series, we invited a few fellow bloggers to contribute with some of…
“#Statue of anonymous Bitcoin creator Satoshi Nakamoto unveiled in Hungary” A group of crypto enthusiasts in Hungary built a bronze bust of the anonymous creator of bitcoin — but had to pay the sculptors in regular currency. The statue, dedicated to the mysterious founder of bitcoin known by the pseudonym Satoshi Nakamoto, was unveiled Thursday…
“# PayPal completes crypto trading rollout for UK customers ” PayPal officially announced on Friday that all eligible customers in the United Kingdom can now buy, hold and sell cryptocurrencies using their PayPal accounts. Customers can trade four major cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). As announced previously, crypto trading will…
“# Bitcoin-based security token offering approved in Germany ” German financial regulators have approved a security token offering (STO) based on a Bitcoin (BTC) sidechain. Germany’s Federal Financial Supervisory Authority (BaFin) has greenlighted the EXOeu token by game publisher Exordium, making local retail investors eligible to participate in the sale on Stokr, a major European digital…
“# EU regulator sees crypto as sign of increased risk-taking in current climate ” The European Securities and Markets Authority (ESMA) has published its report on trends, risks and vulnerabilities in the EU markets during the first half of 2021 (1H21). Its takeaways included the argument that crypto markets’ extraordinary volatility and growth make a…
“# EU set to invest $177B in blockchain and other novel technologies ” The European Union is reportedly looking to bolster technological development in the region with a planned $177 billion investment war chest. According to Bloomberg, EU officials plan to fund direct investments in areas like blockchain, data infrastructure, 5G, and quantum computing among…
“#’Arc de Triomphe, Wrapped’ on display in Paris” PARIS — Visitors to Paris were surprised on Sunday when strolling up the Champs-Elysees as dozens of workers began enveloping in a shimmering wrapper a posthumous installation by artist Christo at Arc de Triomphe monument. Workers were shuffling around the 50-meter high, 19th century arch setting up 25,000 square meters of silvery blue, recyclable…
“# Deutsche Boerse-owned Eurex debuts Bitcoin futures trading ” Eurex, a derivatives exchange owned by German stock market operator Deutsche Börse, has debuted cryptocurrency derivatives trading with ETC Group’s Bitcoin (BTC) exchange-traded note (ETN) futures product. Eurex officially announced Monday the launch of the Bitcoin ETN Futures contract developed by London-based crypto derivatives issuer ETC…