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” Demand for widely used euro stablecoin is huge, says DeFi expert “ The market capitalization of Tether (USDT), a United States dollar-pegged stablecoin, is currently over $65 billion. USD Coin (USDC), another stablecoin backed by the U.S. dollar, clocks in near $55 billion. Some reports estimate that the total market cap of dollar-backed stablecoins…
“French, German, Italian leaders arrive in Kyiv” PARIS — The leaders of France, Germany, Italy and Romania arrived in Kyiv on Thursday in an apparent show of collective European support for Ukraine as it tries to resist Russia’s invasion. The French president’s office said President Emmanuel Macron, German Chancellor Olaf Scholz and Italian Premier Mario…
” MetaBrewSociety to offer voting rights over a brewery via NFTs and DAO “ Munich-based MetaBrewSociety (MBS) will soon offer voting rights on the business decisions of a physical brewery via nonfungible tokens (NFTs) and a decentralized autonomous organization (DAO). The MBS was formed in February this year by a group of beer-loving NFT investors…
“Deutsche Bank, DWS unit raided over ‘greenwashing’ claims” German prosecutors raided asset manager DWS and the headquarters of its majority owner Deutsche Bank on Tuesday over allegations of misleading investors about “green” investments, the prosecutors said. DWS and Deutsche Bank said the asset manager had cooperated with regulators and authorities in the past and would continue to do so. DWS has repeatedly denied allegations it misled investors. The…
“Woman sexually attracted to planes wants to marry toy Boeing” A woman in love with a plane insists her desire is not a flight of fancy. Sarah Rodo, 23, even refers to the Boeing 737 as her boyfriend. She flies on the aircraft as often as possible and has 50 replica models of the plane at home….
” ‘DeFi in Europe has no lobby,’ says co-founder of Unstoppable Finance “ Currently, trialogue for the Markets in Crypto Assets (MiCA) and Transfer of Funds (TFR) regulations is underway in the European Commission, the European Parliament and the Council of Ministers, which will be concluded in a few weeks. If adopted, the TFR would,…
” German BaFin official calls for ‘innovative’ EU-wide DeFi regulation “ Birgit Rodolphe, an executive director at Germany’s Federal Financial Supervisory Authority (BaFin) has called for innovative and uniform regulation of the decentralized finance (DeFi) space throughout the European Union (EU). BaFin is Germany’s financial regulatory body responsible for regulating banks, insurance firms, and financial…
” Bitcoin investment giant Grayscale debuts ETF in Europe “ Crypto investment giant Grayscale is expanding operations by launching a new crypto-linked exchange-traded fund (ETF) in Europe. Grayscale officially announced its first European ETF, called Grayscale Future of Finance UCITS ETF, on May 16. The new investment product is getting listings on major European stock…
” Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free “ The Federal Ministry of Finance (BaFin) published a 24-page document on Tuesday outlining clear income tax rules for cryptocurrency and virtual assets. Tax practitioners, businesses and individual taxpayers now have clear direction on the tax requirements for acquiring, trading…
“Google paying over 300 EU publishers for news, more to come” Alphabet’s Google has signed deals to pay more than 300 publishers in Germany, France and four other EU countries for their news and will roll out a tool to make it easier for others to sign up too, the company told Reuters. The move followed the adoption of…