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“# Pandemic has accelerated the rollout of CBDCs by 5 years, says blockchain firm ” Research from European blockchain company Guardtime suggests that the current pandemic may have accelerated the launch of a major central bank digital currency by up to five years. According to Guardtime, the company said the growth of many technology companies,…
“# EU eyes new money laundering regulator and stricter crypto reporting requirements ” The European Union is looking to launch a new agency designated with cracking down on money laundering at the regional level, with increased reporting requirements around crypto transactions listed among its principal objectives. A July 8 report from Reuters citing leaked EU…
“# Fiat-to-crypto onramp Simplex integrates SEPA Instant for European partners ” Cryptocurrency payment provider Simplex has added SEPA Instant to its list of payment methods, giving European partners the ability to move funds into digital assets with greater ease and flexibility. SEPA stands for Single European Payment Arena, which enables payment harmonization across the European…
“# Poland financial regulator issues public warning about Binance ” As Binance faces scrutiny from regulators around the globe, Poland’s finance watchdog has issued a consumer warning about the cryptocurrency exchange. On Wednesday, the Polish Financial Supervision Authority (PFSA) published a statement on Binance’s growing regulatory issues around the world, stressing that the company’s operations are not…
“# BREAKING: Binance suspends euro bank transfers amid regulatory heat ” Regulatory constraints facing Binance have forced the popular cryptocurrency exchange to temporarily halt bank transfers denominated in euros, according to an email sent to its customers on Tuesday. Specifically, euro deposits via the Single Europe Payments Area, or SEPA, have been put on hold…
“# Former EU trade commissioner joins advisory board for DeFi dispute resolution platform ” Phil Hogan, who served the European Commissioner for Trade for less than a year, will be joining the advisory board for the Astra protocol. In a Tuesday announcement, Astra said Hogan would be coming onto its board as an executive advisor,…
“#What is Armenia famous for?” Armenia is one of those countries that every now and then appears in the spotlight sometimes for good reasons, other… not so much. Here we will explore a few of the things Armenia is known for, good and bad. It’s curious to notice that Armenia is a rather singular country,…
“# The digital euro: Something Europe can’t afford to get wrong ” Europe knows it will have to embrace a digital euro soon. To become a global digital leader and avoid dependence on American and Asian technological infrastructures, European policymakers and regulators have to make progressive decisions. A critical stumbling block for Europe’s digital economic…
“# Former Mastercard exec to lead Ripple’s European Expansion ” The Ripple and XRP community has been long-betting on mainstream adoption growth rather than its market price. In this continued effort, Ripple has announced the appointment of Sendi Young as managing director of its European operations. Strengthening Ripple’s vision to rule the cross-border payments landscape,…
“# Expect even more oversight of crypto from regulators, says eToro ” Crypto-friendly trading platform eToro is expecting regulators to ratchet up their oversight of the crypto industry, given the increasingly high levels of participation by retail traders and smaller investors. In comments for the Financial Times, the Israel-based company’s CEO, Yonni Assia, said: “We…