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Dutch Central Bank Forces Crypto Firms to Register Within Two Weeks or Face Cease and Desist
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Dutch Central Bank Forces Crypto Firms to Register Within Two Weeks or Face Cease and Desist

The Dutch Central Bank, De Nederlandsche Bank (DNB) has announced that crypto companies must register with the authority by May 18, or to stop operating immediately. DNB has looking to enforce the Dutch anti-money laundering (AML) laws, which was passed by the Dutch Parliament in April to comply with the Fourth Anti-Money Laundering Directive (AMLD4) laws. The Dutch AML laws are in compliance with the Financial Action Task Force-recommended AML directives and standards.

European Blockchain Service Infrastructure PCP to Begin—Why it Could Benefit XRP and BTC
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European Blockchain Service Infrastructure PCP to Begin—Why it Could Benefit XRP and BTC

The EC seeks industry tenders for the European Blockchain Service Infrastructure (EBSI) - a European blockchain solution that could inadvertently see BTC and XRP soar.

Despite Risky Nature, ECB Claims Crypto Demand is Increasing
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Despite Risky Nature, ECB Claims Crypto Demand is Increasing

The European Central Bank (ECB) has released a new report in which it submitted that there is a growing demand for crypto assets despite their overall volatility and risky nature

Digital Euro Would Not be Used for Commercial Purposes: Christine Lagarde
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Digital Euro Would Not be Used for Commercial Purposes: Christine Lagarde

Christine Lagarde, the President of the European Central Bank (ECB), has given her word that the proposed Digital Euro that it will not be used for commercial purposes.

ECB Publishes New Guideline on Regulated Digital Asset Licensing
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ECB Publishes New Guideline on Regulated Digital Asset Licensing

The European Central Bank (ECB) has issued new licensing guidelines for regulating digital assets, although it currently does not have a unified regulatory framework governing crypto-asset activities and services.

Deutsche Bank Executive Says CBDC is More of a Political Decision
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Deutsche Bank Executive Says CBDC is More of a Political Decision

Deutsche Bank Executive Burkhard Balz has noted that the decision to launch a CBDC by any country may be more of a political decision than a technical one.

Introducing Digital Euro to Protect Monetary Sovereignty amid Cashless Tendency: Lagarde
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Introducing Digital Euro to Protect Monetary Sovereignty amid Cashless Tendency: Lagarde

Christine Lagarde, the President of the European Central Bank, suggested introducing Euro is necessary to maintain its leading role amid the cashless tendency.

Bank of France Tests Out Potential Central Bank Digital Currency by Launching Experiment Program
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Bank of France Tests Out Potential Central Bank Digital Currency by Launching Experiment Program

The Bank of France (Banque de France) is launching a program of experiments testing out a potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants are being invited to submit their applications, as the Bank of France is calling for applications to experiment with the use of a digital euro.

15,000 Bitcoins Transferred to Exchange Wallets Caught in Action: What Does This Mean for the Market?
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15,000 Bitcoins Transferred to Exchange Wallets Caught in Action: What Does This Mean for the Market?

According to the tweet shared by Whale Alert, in the last 24 hours, there have been transactions of 15,000 Bitcoins worth $99,702,423 from unknown wallets to different exchange wallets like Binance, OKEx, Coinbase, and Phoenix.

Coinbase Crashed Amid Bitcoin Price Surge
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Coinbase Crashed Amid Bitcoin Price Surge

On April 30, 2020, Coinbase, one of the biggest crypto exchanges in the world, crashed during the Bitcoin price outbreak where it skyrocketed from $7,700 to $9,200 within a matter of 24 hours.

Six Leading Central Banks to Brainstorm the Issuance of Digital Currencies in Mid-April
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Six Leading Central Banks to Brainstorm the Issuance of Digital Currencies in Mid-April

The leaders of six major central banks are scheduled to meet in mid-April to conceptualize on creating their own digital currencies as they can be instrumental in substituting the digital yuan or Facebook’s Libra.

Italian Bank Offers Crypto Trading to Over A Million Customers Amid Coronavirus Pandemic
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Italian Bank Offers Crypto Trading to Over A Million Customers Amid Coronavirus Pandemic

Due to the coronavirus outbreak and the lockdown situation in Italy, an Italian Bank, Banca Sella has launched Bitcoin trading services for its 1.2 million customers of Hype mobile banking platform.

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