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“# Irish MEP calls for stringent crypto regulations in Europe ” Chris MacManus, a Member of the European Parliament (MEP) representing Midland Northwest, Ireland, has called for strict crypto regulations in Europe. According to a report on Wednesday, the MEP from Sinn Féin wants wholesale changes to the European Union’s proposed cryptocurrency changes. MacManus has…
“# Euro investment bank predicts shortfall in blockchain and tech investment ” The European Union is falling behind China and the United States when it comes to blockchain and artificial intelligence investments, according to the European Investment Bank. The EIB said on Tuesday that it anticipates an ongoing investment shortfall of around 10 billion euros…
“#US to levy sanctions on Belarus after intercepting a plane” The US has begun drawing up sanctions against Belarus and its president, Alexander Lukashenko, following last weekend’s forced landing of a Ryanair flight and the arrest of a 26-year-old opposition activist and blogger on board. Belarussian authorities used a fake bomb threat as a pretext…
“#Poland and its Eastern European neighbors setting a fine example for US” I’m writing from Warsaw, Poland, my first time behind the old Iron Curtain and first trip back to Europe since the onset of COVID-19. Despite the overcast weather endemic to this part of the globe, the mood on the ground is unmistakably buoyant….
“# Chinese BTC miners equivalent to Quebec’s output on the move: Slush Pool ” Edward Evenson, head of business development at Slush Pool owner Braiins, reports that a large number of Chinese BTC mining machines equivalent to Quebec’s entire output are currently en route to North America and Europe. For those interested in the #Bitcoin…
“#Greece joins Mediterranean race to win back tourists” NAXOS, Greece — In her kitchen, Kyriaki Kapri has enough food to feed an army. Piles of squid for frying, lemons to be quartered, thumb-thick potato wedges to make oregano-sprinkled French fries and seafood for the dishes famous on the Greek island of Naxos. She’s done everything…
“#Colonial Pipeline paid hackers $5M ransom last week: report” Colonial Pipeline forked over nearly $5 million last week to the Eastern European criminal group that hacked the company, shuttering the largest oil pipeline in the US, spurring widespread gas shortages and panic buying across the Southeast. Bloomberg News reported that Colonial coughed up the ransom…
“# Crypto.com becomes first cryptocurrency platform to receive MFSA Class 3 license ” Crypto.com, the popular mobile platform for buying and selling digital assets, has become the first cryptocurrency company to receive Malta’s Class 3 Virtual Financial Assets license. The license was granted by the Malta Financial Services Authority, or MFSA, paving the way for…
“# Hungary plans Bitcoin tax cut as part of economic recovery program ” Cryptocurrency investors in Hungary could be getting a major tax break very soon, as lawmakers seek to make the central European country more competitive in the wake of the COVID-19 pandemic. In a video that appeared on Facebook Tuesday, Finance Minister Mihály…
“# Stablecoins present new dilemmas for regulators as mass adoption looms ” Stablecoins present peculiar challenges to regulators. Although there is no single, agreed-upon definition of a stablecoin, the common denominator of the commonly used definitions is that stablecoins are designed to maintain a stable value in relation to a specified currency, asset or pool…