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Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.

Kraken Amplifies European Footprint with BCM Acquisition

Kraken Amplifies European Footprint with BCM Acquisition

US-based cryptocurrency exchange, Kraken, has announced its plan to acquire Dutch crypto broker BCM as part of its European expansion strategy. This move aligns with the new MiCA regulatory framework, promoting a favorable investment climate in the region. The acquisition will enhance Kraken's service offerings and market position in the Netherlands.

Binance Resumes EUR & GBP Payments after Months of Regulatory Crackdown

Binance Resumes EUR & GBP Payments after Months of Regulatory Crackdown

Binance exchange has announced it will be resuming deposits and withdrawal services for Euro (EUR) and the British Pounds (GBP), months after it suspended the services for its users.

Binance Delists ALPINE/EUR, GMT/BNB, LAZIO/EUR, POLS/BNB, PORTO/EUR Pairs

Binance Delists ALPINE/EUR, GMT/BNB, LAZIO/EUR, POLS/BNB, PORTO/EUR Pairs

Binance to discontinue five spot trading pairs, including ALPINE/EUR, as part of its market quality management.

Billionaire Mark Cuban Reveals that He Has Invested in Bitcoin

Billionaire Mark Cuban Reveals that He Has Invested in Bitcoin

Billionaire Mark Cuban revealed in a past interview that his team, Dallas Mavericks, is accepting Bitcoins for tickets and merchandise. Cuban has been a sharp critic of crypto in the past but it seems like his view has changed.

USDC Issuer Circle to Launch Euro-Backed Stablecoin

USDC Issuer Circle to Launch Euro-Backed Stablecoin

The move by Circle to involve in launching its Euro stablecoin is based on user demand and business competition. The use of euro-backed stablecoins is rising in Europe.

EU Parliament Passes Cybersecurity Legislation for Crypto and Fintech Firms

EU Parliament Passes Cybersecurity Legislation for Crypto and Fintech Firms

The European Parliament has passed a bill titled Digital Operational Resilience Act (DORA) addressing the cybersecurity of crypto and fintech companies.

EIB Bemoans the Underinvestment in Blockchain and AI, Foresees a $12B Shortfall

EIB Bemoans the Underinvestment in Blockchain and AI, Foresees a $12B Shortfall

The EIB says Blockchain technology and AI has a shortfall in funding to the tune of $12 billion.

Coinbase warns of losing crypto industry leadership

Coinbase warns of losing crypto industry leadership

The U.S. SEC has issued a Wells notice to Coinbase. As a result, Coinbase warns that the U.S. government’s regulatory approach to crypto has created an uncertain and unstable environment. Meanwhile, other countries, such as France, the U.K., and the European Union, are building friendlier crypto regulation ecosystems and becoming crypto hubs, causing the U.S. to lose its status as the leading hub of the crypto sector.

Apple Faces Major Complaint for Tracking Code that Allegedly Violates EU Privacy Regulations

Apple Faces Major Complaint for Tracking Code that Allegedly Violates EU Privacy Regulations

A complaint that alleges that Apple’s Identifier for Advertisers code (IDFA) is a privacy breach going against European laws has been filed.

Robinhood Crypto Launches Staking and Localized Apps for European Market

Robinhood Crypto Launches Staking and Localized Apps for European Market

Robinhood Crypto introduces localized apps, staking, and updated Learn & Earn modules for European customers, strengthening its foothold in the region.

Europe Embraces Instant Payments: Ripple Insights

Europe Embraces Instant Payments: Ripple Insights

Europe is experiencing an accelerated shift towards instant payments, with entities like the EC striving to build a resilient financial infrastructure.

CoreWeave Invests $2.2 Billion in European AI Infrastructure Expansion

CoreWeave Invests $2.2 Billion in European AI Infrastructure Expansion

CoreWeave announces $2.2 billion investment to expand AI infrastructure in Europe.

AI Brain Implant Enables Bilingual Communication for Stroke Survivor

AI Brain Implant Enables Bilingual Communication for Stroke Survivor

A neuroprosthesis implant, powered by AI, helps a stroke survivor communicate in both Spanish and English, marking a significant advancement in medical technology.

Circle's Euro-Backed Stablecoin EURC to Launch on Base

Circle's Euro-Backed Stablecoin EURC to Launch on Base

Circle is set to introduce EURC, its euro-backed stablecoin, on the Base network, enhancing the ecosystem with faster and cheaper commerce solutions.

Circle's Euro-Backed Stablecoin EURC Launches on Base

Circle's Euro-Backed Stablecoin EURC Launches on Base

Circle's EURC stablecoin is now live on the Base mainnet, enabling developers and users to mint and redeem EURC. Supported by major partners like Coinbase and Uniswap.

Tracing the Evolution of Foundational AGI Theories

Tracing the Evolution of Foundational AGI Theories

Explore the historical development and core theories of Artificial General Intelligence (AGI), from Turing's early concepts to modern advancements.

ElevenLabs Establishes European Headquarters in London

ElevenLabs Establishes European Headquarters in London

AI audio company ElevenLabs has opened its European HQ in London to leverage the city's diverse talent pool and innovation ecosystem.

IOTA Completes Final Phase of European Blockchain PCP Initiative

IOTA Completes Final Phase of European Blockchain PCP Initiative

IOTA successfully concludes the European Blockchain PCP, developing scalable and sustainable blockchain solutions for Europe.

Binance Lists Eurite (EURI) and Launches Zero Trading Fee Promotion

Binance Lists Eurite (EURI) and Launches Zero Trading Fee Promotion

Binance announces the listing of Eurite (EURI) with zero trading fee promotions for EUR/EURI and EURI/USDT pairs starting August 28, 2024.

Binance Launches EURI Simple Earn Products Offering Up to 7% APR

Binance Launches EURI Simple Earn Products Offering Up to 7% APR

Binance introduces EURI Simple Earn Flexible Products with up to 7% APR. Promotion runs from August 30 to September 12, 2024.

Binance Lists Eurite (EURI) on Convert and 'Buy Crypto'

Binance Lists Eurite (EURI) on Convert and 'Buy Crypto'

Binance has added Eurite (EURI) to its Convert and 'Buy Crypto' platforms, enabling trading against BTC, USDT, and other tokens with zero fees.

Binance Launches Zero-Fee Promotion for EUR Deposits and Trading Pairs

Binance Launches Zero-Fee Promotion for EUR Deposits and Trading Pairs

Binance introduces a zero-fee promotion for EUR deposits and spot trading pairs, available to eligible users from August 16 to September 16, 2024.

AI-Driven Innovation in 5G: Real-Time Neural Receivers Pave the Way

AI-Driven Innovation in 5G: Real-Time Neural Receivers Pave the Way

NVIDIA introduces neural network-based wireless receivers, enhancing 5G NR with real-time AI capabilities. Discover the future of AI-RAN and 6G research.

US Digital Asset Outflows Reach $721M Amid Rate Cut Uncertainty, Europe Shows Resilience

US Digital Asset Outflows Reach $721M Amid Rate Cut Uncertainty, Europe Shows Resilience

Digital asset investment products faced significant outflows, primarily from the US, amid interest rate cut uncertainty, while Europe showed resilience.

Essential Reading for Crypto Builders and Entrepreneurs in 2024

Essential Reading for Crypto Builders and Entrepreneurs in 2024

Discover the curated book list for crypto builders and entrepreneurs from a16z crypto's 2024 Founder Summit, covering management, innovation, and more.

Binance Introduces Zero Fee for EURI Purchases via SEPA Bank Transfer

Binance Introduces Zero Fee for EURI Purchases via SEPA Bank Transfer

Binance launches a zero-fee SEPA bank transfer option for EUR deposits to receive EURI, enhancing user experience and compliance with MiCA regulations.

Binance Introduces EURI Simple Earn Products with Up to 7% APR

Binance Introduces EURI Simple Earn Products with Up to 7% APR

Binance launches a new promotion for EURI Simple Earn Flexible Products, offering up to 7% APR. Available from September 23 to October 11, 2024.

Neuromodulation Advances with NVIDIA Jetson in Brain Disease Treatment

Neuromodulation Advances with NVIDIA Jetson in Brain Disease Treatment

NVIDIA Jetson enhances brain disease treatment through Brain-Machine Interactive Neuromodulation, offering real-time neural decoding and stimulation for conditions like epilepsy and Parkinson’s.

Binance Launches EURI Simple Earn Promotion with Up to 7% APR

Binance Launches EURI Simple Earn Promotion with Up to 7% APR

Binance introduces a new promotion for Eurite (EURI) Simple Earn Flexible Products, offering up to 7% APR. Subscribers can earn Bonus Tiered APR and Real-Time APR rewards during the promotion period.

Stablecoins Lead the Charge in Western Europe's Crypto Adoption for 2024

Stablecoins Lead the Charge in Western Europe's Crypto Adoption for 2024

Western Europe sees a surge in stablecoin adoption, accounting for nearly half of all crypto inflows. The UK drives growth in merchant services, highlighting the region's evolving crypto landscape.

Revolutionizing Fraud Detection with Graph Neural Networks in Financial Services

Revolutionizing Fraud Detection with Graph Neural Networks in Financial Services

Explore how Graph Neural Networks (GNNs) are transforming fraud detection in financial services, enhancing accuracy and reducing false positives, according to NVIDIA.

DeFi Surge Fuels Eastern Europe's Crypto Adoption in 2024

DeFi Surge Fuels Eastern Europe's Crypto Adoption in 2024

Eastern Europe sees significant DeFi growth, with Ukraine and Russia leading in adoption despite geopolitical challenges, according to Chainalysis.

Binance Launches Attractive APR Offers on FDUSD and EURI Products

Binance Launches Attractive APR Offers on FDUSD and EURI Products

Binance introduces new APR rewards, offering 16.2% for FDUSD locked products and 7% for EURI flexible products during a limited promotion period.

Binance Introduces High-Yield Simple Earn Products with FDUSD and EURI

Binance Introduces High-Yield Simple Earn Products with FDUSD and EURI

Binance announces new Simple Earn products offering up to 16.2% APR with FDUSD and 7% APR with EURI, providing users with attractive yield opportunities.

Harnessing AI for Neuroscience: IIT Madras and NVIDIA's Innovative Approach

Harnessing AI for Neuroscience: IIT Madras and NVIDIA's Innovative Approach

IIT Madras Brain Centre, in collaboration with NVIDIA, uses AI to revolutionize neuroscience research by enhancing brain imaging analysis through visual question answering and multimodal retrieval.

Binance Launches New Simple Earn Offers with Up to 16.2% APR

Binance Launches New Simple Earn Offers with Up to 16.2% APR

Binance introduces new Simple Earn promotions, offering up to 16.2% APR on FDUSD Fixed Rate Locked Products and 7% on EURI Flexible Products. The promotion runs from Dec 4 to Dec 17, 2024.

European Union Paves The Way For AI Development With Landmark Act

European Union Paves The Way For AI Development With Landmark Act

The European Union has approved the Artificial Intelligence Act, aiming to ensure ethical and safe AI development, categorizing applications into high-risk, limited-risk, and minimal risk categories.

Digital Euro Will Pull Out Traditional Bank Deposits by 8%, Says Morgan Stanley

Digital Euro Will Pull Out Traditional Bank Deposits by 8%, Says Morgan Stanley

The advent of the Digital Euro may spark a reduction in cash deposits by 8%, estimated by Morgan Stanley.

Brock Pierce For President, Crypto Venture Capitalist Announces Candidacy

Brock Pierce For President, Crypto Venture Capitalist Announces Candidacy

Brock Pierce has announced that he will be joining the presidential race in the 2020 US elections.

Citi Partners with World Bank on Euroclear's DLT Platform for Digitally Native Note Issuance

Citi Partners with World Bank on Euroclear's DLT Platform for Digitally Native Note Issuance

Citi's Issuer Services acted as the Issuing and Paying Agent for the first Digitally Native Note (DNN) issuance via Euroclear's D-FMI distributed ledger technology platform, marking a significant step in digital bond issuance and showcasing a scalable model for blockchain integration within existing capital market structures.

Norwegian Block Exchange to Set Stage for Landmark Cryptocurrency Listing on Euronext Stock Exchange

Norwegian Block Exchange to Set Stage for Landmark Cryptocurrency Listing on Euronext Stock Exchange

Norwegian Block Exchange (NBX) announced on December 3 that it applied for listing shares on the pan-European stock exchange, Euronext N.V.

EU's ESMA Wants Public Input on Proposed DLT Regulation

EU's ESMA Wants Public Input on Proposed DLT Regulation

The European Union’s Securities and Markets Authority has called on concerned market stakeholders to comment on its proposed regulation for the use of Distributed Ledger Technology in securities trading and settlement.

FTX Crypto Exchange Announces Major Expansion into European Market

FTX Crypto Exchange Announces Major Expansion into European Market

The expansion into Europe is a timely one for FTX, which launched its US subsidiary business two years ago.

Crypto Entrepreneur Sam Bankman-Fried Faces Judge Over Use of Encrypted Messaging Apps While on Bail

Crypto Entrepreneur Sam Bankman-Fried Faces Judge Over Use of Encrypted Messaging Apps While on Bail

The lawyer representing crypto entrepreneur Sam Bankman-Fried will present a revised bail package to Judge Lewis Kaplan after Kaplan expressed concern about Bankman-Fried's use of encrypted messaging apps while out on bail. The entrepreneur had used Signal to contact former FTX and Alameda colleagues, which led Kaplan to forbid him from using such apps and threaten to revoke his bail privileges if he acted out of order.

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

European Commission Unveils Strategy to Lead Web 4.0 and Virtual Worlds

A new strategy for Web 4.0 and virtual worlds has been unveiled by the European Commission in an effort to steer the next technological revolution and guarantee a safe, open, and welcoming online environment for individuals, organizations, and government agencies across the EU.

Breaking: Binance Sells Russian Operations to CommEX, Exits Market

Breaking: Binance Sells Russian Operations to CommEX, Exits Market

Binance has announced the sale of its entire Russia business to CommEX, citing compliance issues as the primary reason for the exit. The transition process for existing Russian users is expected to take up to one year, with no financial strings attached to the deal for Binance.

DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin

DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin

DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, has announced the debut of the Euro-backed stablecoin Euro Coin (EUROC) on its native blockchain. DeFiChain is one of the first blockchains to fully integrate a Euro-backed stablecoin.

EU to Regulate AI Use of Copyrighted Material

EU to Regulate AI Use of Copyrighted Material

The European Union has passed a draft bill to regulate AI use of copyrighted materials. AI tools will be classified according to their risk level, with high-risk tools subjected to stricter transparency procedures. The bill is part of the EU's Artificial Intelligence Act and aims to strike a balance between protecting citizens and fostering innovation.

Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe

Report by Bitget Reveals 1.5 Million Daily Active Crypto Traders in Western Europe

According to a recent report by Bitget Research, Western Europe is witnessing a significant rise in daily active crypto traders, with Germany and France leading the way. The study also highlights the region's strong engagement in decentralized finance (DeFi) and preference for centralized exchanges.

Digital Euro May Have Transaction Limits for Retail Users

Digital Euro May Have Transaction Limits for Retail Users

ECB Board member Fabio Panetta has hinted that the Digital Euro may come with a limit for individuals

Bitzlato crypto firm taken down

Bitzlato crypto firm taken down

Europol: 46% of Bitzlato assets were unlawful. U.S. and European authorities confiscated $19.5 million in cryptocurrencies from crypto wallets.

Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital

Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital

The Dutch central bank, De Nederlandsche Bank made an announcement in its bulletin, saying that it aims to become the world leader in the development of central bank digital currencies (CBDCs). The report highlighted that the topic of CBDC has gained more public exposure in the Netherlands than in “several other euro area countries for several reasons.”

Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia

Block's AUD$3M Investment Boosts Indigenous Business Sector in Australia

Block Inc. invests AUD$3 million in First Australians Capital's new fund, supporting Indigenous businesses in Australia, aiming to empower entrepreneurs, foster economic growth, and create community wealth.

ECB Advances Digital Euro Project into Preparation Phase

ECB Advances Digital Euro Project into Preparation Phase

The ECB's progression into the preparation phase of the digital euro project marks a pivotal step towards modernizing Europe's financial infrastructure. The digital euro, envisioned as a secure, accessible, and private means of digital payment, holds the promise of fortifying the European monetary system in the digital age.

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.

Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?

Leaked EU Commission Draft on Crypto Assets Law: How Will Cryptocurrency be Regulated?

A leaked European Union legislative draft on digital assets reveals the country's plans for cryptocurrency trading and issuance across the nation.

European Crypto Startups See Record VC Investment in 2022

European Crypto Startups See Record VC Investment in 2022

Despite a challenging year for the crypto industry in 2022, VC investment in European crypto startups reached an all-time high of $5.7 billion, with decentralized finance startups seeing a 120% increase in investments. Europe is also home to the highest number of crypto startups, but lags behind the US in unicorns and startups with over $1 million in funding. Investment in financial service-based startups declined by 19% compared to 2021, while infrastructure grew by 24%. The EU's Markets in Crypto-Assets regulations are set for a final vote in April 2023.

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible

First in the World? Lithuania Central Bank Approved Blockchain-based Digital Collectible

Implementing a unique new idea will be the Bank of Lithuania in introducing the world’s first blockchain – based digital coin collectible.

Ransomware Masterminds Arrested in Ukraine in Joint Investigative Operation

Ransomware Masterminds Arrested in Ukraine in Joint Investigative Operation

A joint strike action between Europol and other international crime enforcement agencies has led to the arrest of two ransomware gang members.

Eastern Europe Hotbed For Darknet As Ransomware Activity Increases

Eastern Europe Hotbed For Darknet As Ransomware Activity Increases

A recent study from Chainalysis has found that darknet operators are responsible for a disproportionately large share of the crypto market in Eastern Europe.

Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey

Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey

Do Europeans want a decentralized digital euro that does not rely on a central intermediary? The European Central Bank is asking for public opinion on CBDC with a new survey.

EU Court Upholds Privacy in Encrypted Messaging Ruling

EU Court Upholds Privacy in Encrypted Messaging Ruling

The European Court of Human Rights has upheld privacy and freedom of expression, rejecting backdoor demands in encrypted messaging services, highlighting potential security risks.

Paysafe Halts EUR Deposits for Binance Users: What You Need to Know

Paysafe Halts EUR Deposits for Binance Users: What You Need to Know

Paysafe Payment Solutions Limited has abruptly stopped processing EUR deposits for Binance users. The decision affects several Binance services, including spot trading and auto-invest plans. Users are advised to convert their EUR balances to USDT by October 31, 2023, or withdraw them to their bank accounts.

Ethereum Achieves Record-High of $2,700 as EIB Announces Sale of Digital Bond on Ethereum Blockchain

Ethereum Achieves Record-High of $2,700 as EIB Announces Sale of Digital Bond on Ethereum Blockchain

Ethereum hits a record high of $2,718 as the European Investment Bank announces a plan to sell a "two-year digital bond" on the Ethereum blockchain network.

Chinese Yuan Poised to Become the World’s Third Largest Reserve Currency by 2030—Is DCEP Part of the Plan?

Chinese Yuan Poised to Become the World’s Third Largest Reserve Currency by 2030—Is DCEP Part of the Plan?

Morgan Stanley analysts are predicting that the Chinese yuan will become the third-largest reserve currency in the world, is the DCEP part of the plan?

Microsoft's OpenAI Investment Faces EU Merger Regulation Scrutiny

Microsoft's OpenAI Investment Faces EU Merger Regulation Scrutiny

The European Commission is investigating Microsoft's investment in OpenAI, a significant partnership since 2019, under the EU Merger Regulation, as part of a larger plan to control tech giants' influence in the AI field, focusing on potential anti-competitive impacts.

Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe

Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe

Matrixport, a Singapore headquartered and Bitmain-backed crypto company that offers trading, lending, and custody services, extends its services into Europe through the establishment of its new Zurich office.

Seoul Prosecutors Reveal Terra's Do Kwon is Hiding in Europe

Seoul Prosecutors Reveal Terra's Do Kwon is Hiding in Europe

South Korean prosecutors believe Do Kwon is currently residing in Europe

European Blockchain Convention reinvents itself to remain the leading congress in Europe

European Blockchain Convention reinvents itself to remain the leading congress in Europe

European Blockchain Convention Virtual becomes the meeting point of the Blockchain Industry this year in Europe. The congress, which will be held on September 21 and 22, will feature workshops, presentations, panel discussions and more than 100 world-class speakers. EBC will provide access to an AI-powered networking platform to facilitate virtual one-to-one meetings between over 1.500 attendees.

ECB to Warn Countries in the Eurozone about Crypto Regulation

ECB to Warn Countries in the Eurozone about Crypto Regulation

The European Central Bank is reportedly on track to issue warnings to national authorities within the Eurozone about individual handling of the crypto ecosystem.

Decline in Cryptocurrency ATMs in 2023: A Global Perspective

Decline in Cryptocurrency ATMs in 2023: A Global Perspective

In 2023, the global number of Bitcoin ATMs decreased by 11.1%, marking the first decline in a decade, with the U.S. being the largest host, contrasting with growth in the EU and other regions.

Puerto Rican Regulators Closes Peter Schiff's Bank - a Case for Decentralization?

Puerto Rican Regulators Closes Peter Schiff's Bank - a Case for Decentralization?

Puerto Rican authorities have closed down the Euro Pacific Bank, a local financial institution that belongs to Peter Schiff, the world’s most vocal Bitcoin (BTC) critic.

OECD Will Launch International Crypto Tax Standards in 2021 says Tax Director

OECD Will Launch International Crypto Tax Standards in 2021 says Tax Director

The director of the OECD’s Centre for Tax Policy and Administration has revealed that the OECD will release an international tax reporting standard for crypto assets in 2021.

European Commission Launches Research Unit to Investigate Algorithms Used by Big Tech

European Commission Launches Research Unit to Investigate Algorithms Used by Big Tech

The European Commission has launched a new research unit called the European Centre for Algorithmic Transparency (ECAT) to investigate the impact of algorithms used by prominent online platforms and search engines such as Facebook and Google. The team will analyze and evaluate the AI-backed algorithms used by Big Tech firms to identify and address any potential risks posed by these platforms.

Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption

Three Major Central Banks Play a Pivotal Role in Bitcoin Adoption

Market analyst Holger Zschaepitz believes that the big three central banks, namely the Federal Reserve (Fed), the Bank of Japan (BoJ), and the European Central Bank (ECB), have been instrumental in Bitcoin adoption.

Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants

Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants

Leading crypto exchange Binance has rolled out the Binance Card, a crypto debit card, in Europe that will enable users to convert their stored cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Swipe (SXP), and Binance USD (BUSD) to fiat and spend them at more than 60 million merchants worldwide.

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

Bank of France Becomes the First to Successfully Test Out the Digital Euro on Blockchain

The French Central Bank, Banque de France has recently successfully trialed a central bank digital currency (CBDC) – the digital euro, operating on a blockchain. The Bank of France experimented with the use of a central bank digital currency to test a sale of securities, which was carried out by Société Générale Forge. Banque de France launched a program of experiments to test out potential central bank digital currency (CBDC) aimed for interbank settlements. Potential participants have been invited to submit their applications to experiment with the use of a digital euro.

ECB Officials Urges to Accept Digital Euro in Brick-and-Mortar Stores

ECB Officials Urges to Accept Digital Euro in Brick-and-Mortar Stores

Fabio Panetta, a member of the Executive Council of the European Central Bank (ECB), suggested that acceptance of the digital euro in brick-and-mortar stores, as well as online entities, would help promote the use of the fiat digital euro.

EU Imposes 8th Wave Sanctions over Russia to Include Blanket Crypto Ban

EU Imposes 8th Wave Sanctions over Russia to Include Blanket Crypto Ban

The European Union (EU) has updated its sanction on Russia, the 8th package, and this time, it unveils zero tolerance for crypto-related transactions.

European Securities and Markets Authority Calls for Input on New EU Crypto Rules

European Securities and Markets Authority Calls for Input on New EU Crypto Rules

The European Securities and Markets Authority (ESMA), the EU's financial markets regulator, has initiated its first consultation package under the Markets in Crypto-Assets Regulation (MiCA). The authority is seeking stakeholder comments until September 20, 2023, marking a significant step towards establishing concrete rules for crypto markets in the EU.

ECB to Announce by Mid-2021 Whether It Will Move Forward with CBDC Issuance

ECB to Announce by Mid-2021 Whether It Will Move Forward with CBDC Issuance

European Central Bank (ECB) President Christine Lagarde said that a decision on whether or not to launch a CBDC will be made by the middle of this year.

European Commission Moves to Tighten Rules on Cryptocurrency Transfers

European Commission Moves to Tighten Rules on Cryptocurrency Transfers

The European Commission has announced that firms transferring Bitcoin and other cryptocurrencies must collect details of payers and payees to help regulators prevent the flow of dirty money.

PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission

PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission

In a letter to the European Commission in March 2020, payment giant PayPal has now confirmed that has it is actively working to bring cryptocurrencies capabilities on its platform. In the detailed letter, PayPal said that it has taken tangible and unilateral steps to further develop its capabilities in the cryptocurrency space.

ECB Nears Final Stage of Digital Euro Investigation

ECB Nears Final Stage of Digital Euro Investigation

Fabio Panetta, ECB Executive Board member, discussed the digital euro initiative with the European Parliament's Committee on Economic and Monetary Affairs. The proposal includes legislative proposals on the digital euro and cash legal tender status, aiming to preserve monetary sovereignty and digital freedoms.

Greece Establishes High-Level Advisory Committee for Artificial Intelligence Strategy

Greece Establishes High-Level Advisory Committee for Artificial Intelligence Strategy

Greek Prime Minister Kyriakos Mitsotakis announced the formation of a High-Level Advisory Committee for AI on October 19, 2023. Led by MIT Professor Constantinos Daskalakis, the committee aims to prepare Greece for the rapid advancements in AI and their applications. The committee will focus on long-term national strategy, including policy development and guidelines, in key areas such as economy, society, and innovation.

Jacobi Asset Management Introduces Europe's First Premier Bitcoin ETF with a Green Initiative

Jacobi Asset Management Introduces Europe's First Premier Bitcoin ETF with a Green Initiative

Jacobi Asset Management launches Europe's first Bitcoin ETF on Euronext Amsterdam, blending crypto investment with a green initiative. The ETF, compliant with SFDR Article 8, offers a unique Renewable Energy Certificate solution.

Jeff Bezos Amazon Among 5 Partners to Design Digital Euro Prototype

Jeff Bezos Amazon Among 5 Partners to Design Digital Euro Prototype

The European Central Bank (ECB), has confirmed Jeff Bezos's tech company AMAZON, as part of the five partners to design a digital euro prototype

CBDCs Are Bad News to European Banks, says Bank of America Analysts

CBDCs Are Bad News to European Banks, says Bank of America Analysts

Bank of America analysts have made important revelations concerning the launch of CBDCs. They recently disclosed that CBDCs are bad news to European Banks.

Peter Schiff’s Bank Investigated in Global Tax Evasion Probe, Gold May Be Dirty

Peter Schiff’s Bank Investigated in Global Tax Evasion Probe, Gold May Be Dirty

Peter Schiff’s Euro Pacific Bank is currently under a tax evasion probe for hosting numerous financial accounts suspected of tax evasion crimes.

Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus

Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus

In Belarus, a highly contested election victory for longstanding President Alexander Lukashenko over Svetlana Tikhanovskaya has erupted in protests. Despite the dispute, the Soviet forged dictator’s stay of power may be good news for crypto.

Germany’s Financial Regulator Warns Binance Over Stock Token Offering

Germany’s Financial Regulator Warns Binance Over Stock Token Offering

Germany's financial regulator BaFin has warned Binance that it may be violating European securities laws with the introduction of its stock token trading.

European Union Introduces Comprehensive Crypto Law

European Union Introduces Comprehensive Crypto Law

The European Union has introduced a new crypto licensing regime called Markets in Crypto-Assets (MiCA), making it the first major jurisdiction in the world to introduce a comprehensive crypto law. The EU also voted in favor of a Transfer of Funds regulation that requires crypto operators to identify their customers in a bid to halt money laundering.

Bank of France Announces HSBC, Accenture Among the 8 Successful Applicants of the CBDC Experimentation Program

Bank of France Announces HSBC, Accenture Among the 8 Successful Applicants of the CBDC Experimentation Program

Earlier this year, Banque de France, the French central bank launched a program of experiments to test out the potential central bank digital money aimed for interbank settlements. The program of experiments was launched in late March 2020, where the central bank asked participants to submit their applications before May 15, 2020. The French central bank is open to test out new technology, although it did not specify using blockchain.

Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist

Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist

Crypto entrepreneur Akon has announced that he will be endorsing Brock Pierce’s presidential campaign and joining the crypto venture capitalist’s campaign team.

Dutch Government Invests Heavily in AI to Compete Globally

Dutch Government Invests Heavily in AI to Compete Globally

The Dutch government has allocated €204.5 million ($222.07 million) for AI development, signaling a robust commitment to advancing the Netherlands' position in the global AI landscape and adhering to the EU's AI Act.

Google Assistant to Integrate Bard AI for Enhanced Capabilities

Google Assistant to Integrate Bard AI for Enhanced Capabilities

Google Assistant is set to integrate with Google's Bard AI to offer enhanced functionalities. The integration will allow Google Assistant to perform complex tasks like planning vacations and sorting emails. Although the feature is still under testing, it marks Google's aggressive efforts to compete in the AI space.

G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit

G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit

G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.

IMF Boss Says Europe Can Avoid Debt Trap, Difficult to Believe in Crypto as Money

IMF Boss Says Europe Can Avoid Debt Trap, Difficult to Believe in Crypto as Money

IMF Chief Kristalina Georgieva said that Europe could reverse getting into a debt crisis. She further warned about the risks associated with cryptocurrencies.

Europe Takes the Major Share in terms of Global Crypto Distribution

Europe Takes the Major Share in terms of Global Crypto Distribution

As crypto adoption continues to gain steam, Europe is at the helm when it comes to crypto distribution worldwide.

Eureka Entertainment and Astar Network Collaborate for "CoinMusme" Blockchain Game Development

Eureka Entertainment and Astar Network Collaborate for "CoinMusme" Blockchain Game Development

Eureka Entertainment and Stake Technologies are collaborating on the blockchain game "CoinMusme," which will introduce a new character, "Astar," and distribute 100 exclusive NFTs. The game also plans to collaborate with various cryptocurrencies and NFT projects.

Estonia's Central Bank Launches Research Project into CBDC

Estonia's Central Bank Launches Research Project into CBDC

Estonia’s Central Bank also known as Eesti Pank has launched a multi-year research project into central bank digital currencies.

TravelX, Air Europa Launch World's 1st Flight Ticket NFTs

TravelX, Air Europa Launch World's 1st Flight Ticket NFTs

TravelX announced that it has partnered with Air Europa to release the world's first NFT flight ticket collections or "NFTickets." Owners can issue their own flight tickets by presenting their NFT.

China and EU Trade Talks Included the Potential Cooperation of Central Bank Digital Currencies

China and EU Trade Talks Included the Potential Cooperation of Central Bank Digital Currencies

The European Union and China recently had trade and economic discussions regarding topics including central bank digital currencies (CBDC) and supply chain.

The third-largest French bank Introduces Euro-Pegged Stablecoin

The third-largest French bank Introduces Euro-Pegged Stablecoin

Société Générale has introduced EUR CoinVertible, a euro-pegged stablecoin, marking a significant shift in the integration of traditional finance with digital assets.

Bitstamp acquires a Spanish crypto licence

Bitstamp acquires a Spanish crypto licence

Bitstamp has been focusing on the European Union market since its launch in 2011. The approval from the Bank of Spain lets Bitstamp's local subsidiary offer digital currency exchange services for fiat currency and electronic wallet custody services to Spanish users. By this fall, the country became home to the third-largest network of Bitcoin and cryptocurrency ATMs after the United States and Canada.

ECB Advisor Defends Amazon’s Role in Digital Euro Project

ECB Advisor Defends Amazon’s Role in Digital Euro Project

The European Central Bank (ECB) is collaborating with five firms to test “user interfaces” for the central bank digital currency (CBDC).

EU Plans to Bar Interest Payments on Deposits in Stablecoins

EU Plans to Bar Interest Payments on Deposits in Stablecoins

Patrick Hansen, the head of Strategy at DeFi startup, Unstoppable Finance, said the expected MiCA bill could come as early as this month’s ending.

Ethics of Web3 Discussed at Paris Blockchain Week

Ethics of Web3 Discussed at Paris Blockchain Week

The second day of Paris Blockchain Week 2023 featured a panel discussion on the Ethics of Web3. The panelists agreed that ethical frameworks often lag behind technology and that innovation comes before any ethical standards are implemented. They highlighted the upcoming Markets in Crypto-Assets framework in the European Union as an example of turning ethics into law to protect people and innovation.

Bank of Spain Plans to Look at Design Proposals and Economic Implications of a CBDC

Bank of Spain Plans to Look at Design Proposals and Economic Implications of a CBDC

Spain’s Central Bank mentioned that it would study the design proposals and economic implications of a CBDC in the country.

European Central Bank is Consulting the Public on CBDC

European Central Bank is Consulting the Public on CBDC

The European Central Bank has launched a public consultation to seek public opinion on its proposed digital Euro or central bank digital currency (CBDC).

Binance Expands AI-Powered NFT Generator Bicasso

Binance Expands AI-Powered NFT Generator Bicasso

Binance, the world’s largest cryptocurrency exchange, expands its NFT artificial intelligence service Bicasso globally after a successful test in Europe.

Oxford Study Reveals "Prospective Configuration" - A Novel Brain Learning Principle Surpassing AI

Oxford Study Reveals "Prospective Configuration" - A Novel Brain Learning Principle Surpassing AI

Oxford University and the MRC Brain Network Dynamics Unit have discovered a new principle of brain learning called "prospective configuration," suggesting the human brain has a superior learning mechanism compared to AI systems. Future research aims to develop learning algorithms.

ECB's Digital Euro Development: An In-Depth Look at the Rulebook's Progress

ECB's Digital Euro Development: An In-Depth Look at the Rulebook's Progress

The European Central Bank's Rulebook Development Group is enhancing the digital euro framework, focusing on operational models, technical architecture, and participant rights for seamless integration into the financial system.

European Central Bank Considers Rolling Out Blockchain-Powered Bank Transactions

European Central Bank Considers Rolling Out Blockchain-Powered Bank Transactions

The European Central Bank (ECB) seeks to be ahead of the game by studying how blockchain-based bank transactions will enable more money control even if lenders change to distributed ledgers.

Bank of Lithuania Calls For Uniform Regulation for Digital Financial Innovation Across Europe

Bank of Lithuania Calls For Uniform Regulation for Digital Financial Innovation Across Europe

Bank of Lithuania, Lietuvos Bankas, has proposed uniform regulations throughout the European Union in response to the European Commission’s consultations for the development of the digitalization of financial services in Europe.

Digital Euro is Designed to "Protect Consumer Privacy"- says ECB Board Member

Digital Euro is Designed to "Protect Consumer Privacy"- says ECB Board Member

ECB Board Member Fabio Panetta said Digital Euro will offer a good level of privacy to consumers.

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

Fabio Panetta, a member of the Executive Board of the ECB, stated in his address to the European Parliament that the ECB intends to remain at the forefront of discussions concerning the nature of money in a digital world, including the exploration of the desirability and feasibility of establishing a central bank digital currency (CBDC).

ECB Member Says Should not Treat Banks as “Endangered Species” in CBDC Plans

ECB Member Says Should not Treat Banks as “Endangered Species” in CBDC Plans

ECB Governing Board member Jens Weidmann does not want banks to be pampered concerning CBDC development to fuel competition.

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro

President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.

Circle Launches Circle Research with Perimeter Protocol

Circle Launches Circle Research with Perimeter Protocol

Circle launches 'Circle Research' to further technical innovation in crypto, blockchain, and Web3 through open-source research. The initiative's first contribution, Perimeter Protocol, sets a new standard for building on-chain credit markets. Circle releases the Perimeter white paper and public GitHub Repo to advance open protocol transacting with a focus on credit, catering to a wide range of credit scenarios.

German Policymakers Cannot Accept Facebook’s Libra

German Policymakers Cannot Accept Facebook’s Libra

The German cabinet is expected to adopt a comprehensive blockchain strategy with the aim of digitally enhancing its economy. The strategy also consists of plans to tackle risky new technologies such as Libra, which German policymakers fear could become an alternative currency.

US-Based Invesco Investment Firm Launches Physical Bitcoin ETP In Europe

US-Based Invesco Investment Firm Launches Physical Bitcoin ETP In Europe

Invesco has finally launched a physical Bitcoin exchange-traded product in Europe, just after a few weeks of withdrawing a filing for a Bitcoin future exchange-traded fund in the US.

Binance Scores Big Win as Newly Licensed Exchange in Italy

Binance Scores Big Win as Newly Licensed Exchange in Italy

Binance cryptocurrency exchange has just scored a big win as its Italian offshoot, dubbed Binance Italy, has received approval to operate in the country by the Organismo Agenti e Mediatori (OAM).

Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023

Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023

USD coin issuer and digital financial technology firm, Circle, is now set to expand its Euro Coin and its cross-chain transfer protocol to the Solana ecosystem in the first half of 2023.

European Investment Bank to Harness Blockchain Technology for Bond Sale

European Investment Bank to Harness Blockchain Technology for Bond Sale

The European Investment Bank (EIB) intends to deploy blockchain technology for selling bonds.

Cameron Winklevoss is no Longer a Director at Gemini Europe - Report

Cameron Winklevoss is no Longer a Director at Gemini Europe - Report

Gemini Co-Founder Cameron Winklevoss is no longer a Director in the European offshoot

European Central Bank Hikes Interest Rates in Surprise Move, Bitcoin Remains Steady

European Central Bank Hikes Interest Rates in Surprise Move, Bitcoin Remains Steady

The European Central Bank (ECB) on Thursday increased its benchmark rate from -0.5% to 0%. Crypto market remains steady, Bitcoin stands firm above $23K level during the Asia trading section.

Galaxy Digital CEO Mike Novogratz Says Launch of Digital Euro Will Drive Bitcoin Adoption

Galaxy Digital CEO Mike Novogratz Says Launch of Digital Euro Will Drive Bitcoin Adoption

Galaxy Digital CEO Mike Novogratz argues that central banks like the ECB launching their own digital currency could drive Bitcoin adoption further.

Swedish Central Bank Delays CBDC Plans Again

Swedish Central Bank Delays CBDC Plans Again

The world’s oldest Central Bank, Sweden’s Riksbank, published results of its pilot project for its proposed central bank digital currency, the e-krona.

Ripple XRP Expands European Presence  with University Blockchain Research Initiative

Ripple XRP Expands European Presence with University Blockchain Research Initiative

Ripple has expanded its University Blockchain and Research Initiative in Europe, incorporating Trinity College Dublin, EPITA, IE University, and University of Trento. The initiative aims to nurture blockchain leaders and align with Europe's goal to become a global crypto hub. IE University will organize a virtual asset regulation workshop.

Visa Rolls Out Creator Program to Empower Artists with NFTs

Visa Rolls Out Creator Program to Empower Artists with NFTs

Payment giant Visa has launched an initiative dubbed Visa Creator Program intended to help filmmakers, artists, fashion designers, and musicians revamp their businesses through non-fungible tokens (NFTs).

European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package

European Commission Eyes Crypto Regulatory Framework with New Digital Finance Package

The European Commission (EC) has unveiled a digital finance package that highlights legislative proposals on crypto assets and digital resilience.

The Bitcoin logo lights up Berlin

The Bitcoin logo lights up Berlin

The Berlin TV Tower displayed the Bitcoin logo. German Bitcoiners tweeted images and videos of the lighting. These "advertisements" are legally illegal, so proceed cautiously.

Bitcoin Price as Likely as Gold to Rally Higher, Investors Await ECB Policy Meeting Outcome

Bitcoin Price as Likely as Gold to Rally Higher, Investors Await ECB Policy Meeting Outcome

Bitcoin is now more closely correlated to safe haven asset gold than ever, which enables the world’s largest cryptocurrency to be able to combat risk aversion.

Ethereum Dominates European Blockchain Startup Scene

Ethereum Dominates European Blockchain Startup Scene

LeadBlock Partners, a European Venture Capital fund that invests in early-stage B2B Blockchain solutions, has announced that Ethereum is a prominent gamechanger among all the European blockchain startups.

DeWave: Brain-to-Text AI Breakthrough Revolutionizing Communication

DeWave: Brain-to-Text AI Breakthrough Revolutionizing Communication

DeWave, a revolutionary AI model, translates brain activity into text using EEG and AI, offering communication solutions for speech-impaired individuals with about 40% accuracy.

EU Lawmakers Urged to Speed Up Passage of Crypto Law

EU Lawmakers Urged to Speed Up Passage of Crypto Law

Controversial provisions of the MiCA framework aim to simplify the rise of crypto businesses across the EU's 27 member nations.

ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade

ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade

ZCash has undergone its first halving at block 1,046,400 and the event coincides with the network's fifth upgrade dubbed Canopy.

Fake Video of ECB President Lagarde Admitting to Digital Euro Control

Fake Video of ECB President Lagarde Admitting to Digital Euro Control

A fake video of ECB President Christine Lagarde admitting to the use of a digital euro for limited control of payments was shared on social media. The video was revealed to be a prank and was part of a series of similar hoaxes targeting public figures.

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament is considering a petition from a consortium of individuals and companies to establish a restitution fund for victims of crypto-fraud.

EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto

EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto

The recovery fund spearheaded by the EU is made up of €390 billion in grants and €360 billion in loans, which will be added to a new Multiannual Financial Framework (MFF), with the sum of €1.074 trillion as a seven-year budget. The heads of state and government have reached a unanimous agreement, resulting in a total financial package of €1.82 trillion.

Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry

Vietnamese Scientists Revolutionize AI in Mathematics with AlphaGeometry

Vietnamese scientists are advancing in AlphaGeometry, AI Mathematics, and solving geometry problems using synthetic data, neural language models, symbolic engines, Google DeepMind, and educational AI.

EU’s Move to Bypass Encryption on Platforms like WhatsApp Sparks Indignation

EU’s Move to Bypass Encryption on Platforms like WhatsApp Sparks Indignation

European Union lawmakers have created a draft proposal that aims to circumvent end-to-end encryption, in a move to increase cybersecurity.

European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption

European Central Bank President: Coronavirus Has Accelerated Digital Currency Adoption

COVID-19 has led to an acceleration in digital payments adoption and technological innovation, as seen by the spending pattern of European citizens.

The European Commission Announces the Launch of the European Blockchain Regulatory Sandbox

The European Commission Announces the Launch of the European Blockchain Regulatory Sandbox

The European Blockchain Regulatory Sandbox helps 20 projects each year obtain legal and regulatory support from the European Commission.

European Central Bank Encourages Clear Regulatory Structure for Stablecoins to Reap the Benefits While Minimizing Potential Risks

European Central Bank Encourages Clear Regulatory Structure for Stablecoins to Reap the Benefits While Minimizing Potential Risks

The European Central Bank (ECB) published an in-depth report on global stablecoins, focusing on highlighting the requirement for clear regulatory parameters for stablecoins, and the risks it may pose to financial stability. The ECB suggests that a “robust regulatory framework” must be established to address risks before its benefits could be explored.

Kraken Secures E-Money License in EU, Expands Virtual Asset Services in Spain

Kraken Secures E-Money License in EU, Expands Virtual Asset Services in Spain

Kraken, a San Francisco-based crypto platform, has secured an E-Money Institution license from the Central Bank of Ireland and registered as a Virtual Asset Service Provider in Spain. These moves are part of Kraken's strategy to expand its European operations.

Think Tank Releases Report on the Blockchain-Based Genetic Data Network

Think Tank Releases Report on the Blockchain-Based Genetic Data Network

Think Tank, dGen, releases a new report entitled, “AI, Privacy, and Genomics: The Next Era of Drug Design”. It tackles the issue of privacy and access to genetic data for companies using AI to speed up and improve drug design.

ECB President Pushes for Digital Euro but Calls for Global Bitcoin Regulation

ECB President Pushes for Digital Euro but Calls for Global Bitcoin Regulation

Christine Lagarde, European Central Bank president, said the Bitcoin has been used for money laundering activities and is calling for global regulation of the cryptocurrency.

ECB Publishes Results of Its Digital Euro Public Consultation

ECB Publishes Results of Its Digital Euro Public Consultation

The ECB has released the result of its Digital Euro public consultation. Among many things, respondents demand for privacy and offline usability.

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol Empowers Victims with Tools to Fend Off Ransomware Attacks

Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.

MetaMask Developer ConsenSys Responds to European Banking Authority's Consultation on Anti-Money Laundering Measures

MetaMask Developer ConsenSys Responds to European Banking Authority's Consultation on Anti-Money Laundering Measures

The European Banking Authority (EBA) has closed its public consultation on revising guidelines for money laundering and terrorist financing risk factors, extending the scope to include crypto-asset service providers (CASPs). ConsenSys, MetaMask's development lead, defended the EBA's approach, stating self-hosted wallets should not be considered a risk factor and praised the EBA's recognition of blockchain analytics' role in risk mitigation.

Europechain Education Program delivers EOSIO with the University of Geneva

Europechain Education Program delivers EOSIO with the University of Geneva

Europechain is amongst the world’s first to teach blockchain technology at a global university. Europechain has delivered an advanced EOSIO course at the University of Geneva as part of its official Certificate of Advanced Studies (CAS) on blockchain and Distributed Ledger Technology (DLT). The EOSIS Blockchain is considered Blockchain 3.0 because of its zero transaction fees, TPS rates of 10,000 per second and fast scaling ability. The teaching of EOSIO at Geneva marks a further step in the adoption of blockchain as a new and vibrant digital technology.

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

Feeling Left Out? EU Establishes Approximately €400m Blockchain & AI Fund

The European Commission and European Investment Fund (EIF) have launched a €2B fund to be invested in fundamental technologies. Nearly €300-€400M will be invested in blockchain and artificial intelligence (AI) amid fears that China and the US are setting a precedent in these areas.

Blackrock Rollouts Blockchain ETF for European Investors

Blackrock Rollouts Blockchain ETF for European Investors

The iShares Blockchain Technology UCITS ETF targets institutional and professional investors in Europe.

Kraken Irish Subsidiary Awarded VASP Authorization by Central Bank of Ireland

Kraken Irish Subsidiary Awarded VASP Authorization by Central Bank of Ireland

Payward Europe Solutions, Kraken's Irish subsidiary, has been granted VASP authorization by the Central Bank of Ireland. This authorization comes at a critical time as the EU is set to vote on the MiCA regulation, which requires all companies operating as a crypto assets service provider in the EU to register with an authorized regulator.

Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’

Europol Cybercrime Report Identifies Monero, Zcash, Dash and Privacy Wallets as Emerging ‘Top Threats’

Europol assessed the new developments in cybercrime in relation to the COVID-19 pandemic and identified certain cryptocurrency wallets as top threats.

European Commission Takes Aim at AI-Generated Disinformation Ahead of Elections

European Commission Takes Aim at AI-Generated Disinformation Ahead of Elections

The European Commission mandates major tech platforms to detect AI-generated content to shield European elections from misinformation, highlighting a robust approach towards maintaining democratic integrity.

What is Crypto Arbitrage? Trading on Crypto Pricing Imbalances of Exchanges

What is Crypto Arbitrage? Trading on Crypto Pricing Imbalances of Exchanges

Crypto arbitrage is a term used to describe a method of crypto trading that takes advantage of price imbalances for digital assets on exchanges.

Council of Europe Adopts Groundbreaking AI Guidelines for Journalism

Council of Europe Adopts Groundbreaking AI Guidelines for Journalism

The Council of Europe has adopted new guidelines for responsible AI use in journalism, emphasizing human rights and rule of law in the news media sector.

Blockchain Could Potentially Level the Playing Field for Startups and Entrepreneurs

Blockchain Could Potentially Level the Playing Field for Startups and Entrepreneurs

The world of business is growing daily, in an article published by Brad Haddin, a privacy consultant, he pointed out that "there are 150 million startups in the world today with 50 million new startups launching every year.” This means that every day, an average of 137,000 companies have been founded by someone in the world. This number has risen since 2005, which is due to massive globalization and industrialization engaged in by different countries around the world.

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

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.

EU Proposes Cap on Anonymous Crypto Transfers

EU Proposes Cap on Anonymous Crypto Transfers

The European Union is proposing a 1,000 euro cap on anonymous crypto transfers to combat money laundering and terrorist financing. The limit would apply to transfers when a customer cannot be identified, and the proposal also caps cash transactions at 7,000 euros. The Anti-Money Laundering and Countering the Financing of Terrorism package is expected to be confirmed in April.

EU Agreement on MiCA May Not Favor Stablecoins

EU Agreement on MiCA May Not Favor Stablecoins

After much deliberation and compromises from the European Commission, Assembly, and Council, a final agreement that builds the comprehensive framework for the digital currency ecosystem has finally been made

Hypervine Pilots Blockchain-Enabled Satellite Data Project to Curb Climate Impact of Mining Sector

Hypervine Pilots Blockchain-Enabled Satellite Data Project to Curb Climate Impact of Mining Sector

Hypervine, a blockchain construction company based in Glasgow, Scotland, has revealed the kicking off of a blockchain-powered project that will utilize satellite data to boost efficiency in the mining industry. Expressly, it will be funded by the European Space Agency (ESA).

Yann LeCun Reflects on the Impact of DjVu and Open-Access Publications in Machine Learning

Yann LeCun Reflects on the Impact of DjVu and Open-Access Publications in Machine Learning

Yann LeCun's DjVu format significantly influenced open-access in the machine learning community, facilitating the distribution of high-resolution scanned documents online and promoting collective power in intellectual property negotiations.

European Crypto Miners Share Insights About Their Local Mining Industry

European Crypto Miners Share Insights About Their Local Mining Industry

dGen, a non-profit research organization, in its report, has revealed that the cryptocurrency miners in the European region believe that Europe's higher electricity prices as compared to that of Russia and China is due to the strict regulation, strong protections, and political stability.

EU Passes Vote for Digital Wallet

EU Passes Vote for Digital Wallet

The European Parliament passed a plenary vote for interinstitutional negotiations to create a EU-wide digital wallet. The eID amendments include zero-knowledge proofs to enable citizens to control their identity data.

European Digital Currencies Soon to Become Legal Tenders, ECB Says

European Digital Currencies Soon to Become Legal Tenders, ECB Says

Central Bank Digital Currencies may soon become legal tenders in their jurisdictions as planned by major central banks in Europe as officials are currently studying such initiatives.

Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament

Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament

The European Parliament must approve a new crypto exposure policy for banks.

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project

Italian Banking Association Wants to Join in on the ECB Digital Euro Central Bank Digital Currency Project

The Italian Banking Association, Associazione Bancaria Italiana (ABI) has decided to participate in projects and experimentations of a European central bank digital currency, recently known as the digital euro.

WisdomTree Expands Crypto Offerings in Europe, Launching Cardano, Polkadot & Solana ETPs

WisdomTree Expands Crypto Offerings in Europe, Launching Cardano, Polkadot & Solana ETPs

WisdomTree has listed additional physically-backed crypto ETPs on major exchanges in Europe.

ChatGPT-4.0 Showcases Potential in Neurology with Impressive Exam Results

ChatGPT-4.0 Showcases Potential in Neurology with Impressive Exam Results

OpenAI's ChatGPT-4.0 passed a clinical neurology exam with 85% correct answers, showing promise for future applications in the field after further refinements.

Securities Clearing Firm Euroclear Invests in Fnality, Advancing Distributed Ledger Technology

Securities Clearing Firm Euroclear Invests in Fnality, Advancing Distributed Ledger Technology

Euroclear Group has invested in Fnality, an international consortium of global banking and financial market infrastructure, to advance distributed ledger technology (DLT) to support the adoption of tokenized assets and markets.

European Central Bank Assesses Potential Digital Euro CBDC Issuance

European Central Bank Assesses Potential Digital Euro CBDC Issuance

The European Central Bank (ECB) evaluated whether a digital euro would be a beneficial addition to its financial system through an October report.

Mutual Efforts with Europe, U.S. Key for CBDC Issuance: Bank of Japan Governor

Mutual Efforts with Europe, U.S. Key for CBDC Issuance: Bank of Japan Governor

Joining hands with the United States and Europe is fundamental when meeting technical issues needed in the issuance of a central bank digital currency (CBDC).

Binance Temporarily Suspends SEPA Euro Bank Deposits, Citing Events Beyond Its Control

Binance Temporarily Suspends SEPA Euro Bank Deposits, Citing Events Beyond Its Control

Cryptocurrency exchange Binance is facing increasing hurdles in Europe. The financial institution announced to temporarily suspend Euro bank deposits through the Single Euro Payments Area (SEPA) network.

AFP and Other Media Giants Call for Global AI Regulation to Protect Integrity

AFP and Other Media Giants Call for Global AI Regulation to Protect Integrity

AFP and major media organizations have called for global AI regulation to protect content integrity, urging transparency, IP protection, and bias reduction.

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

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.

German Finance Minister Calls for Speedy Interventions in the Rollout of a Digital Euro

German Finance Minister Calls for Speedy Interventions in the Rollout of a Digital Euro

German Finance Minister, Olaf Scholz, sees the digital euro as an ideal innovation to meet the high demand for digital money from businesses and consumers in Europe.

Binance Launches In-Store Crypto Payment Solution with Ingenico

Binance Launches In-Store Crypto Payment Solution with Ingenico

In Q2 2023, a crypto-to-fiat solution for fiat payments will pilot for retailers.

Crypto Mining May be Sacrificed as EU Continues to Battle Energy Crisis

Crypto Mining May be Sacrificed as EU Continues to Battle Energy Crisis

With the energy crisis in the EU, member countries may be mandated to halt crypto-mining activities

European Parliament Ratifies MiCA Framework in Landslide Vote

European Parliament Ratifies MiCA Framework in Landslide Vote

The long-awaited Markets in Crypto Assets (MiCA) regulation has just scaled through the European Parliament as MPs voted massively in favour of the bill.l

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

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.

Five EU Member States Take Position Against Stablecoins

Five EU Member States Take Position Against Stablecoins

Five members of the 27-member European Union Bloc has urged the body to pass regulations to stiffen the emergence and existence of stablecoins in the region

Google DeepMind: Subtle Adversarial Image Manipulation Influences Both AI Model and Human Perception

Google DeepMind: Subtle Adversarial Image Manipulation Influences Both AI Model and Human Perception

Recent DeepMind research reveals that subtle adversarial image manipulations, originally designed to deceive AI models, also subtly influence human perception. This discovery underscores similarities and distinctions in human and machine vision, emphasizing the need for further research in AI safety and security.

The ECB Warns Financial Stability Risks If Central Banks Fails to Issue Digital Currencies

The ECB Warns Financial Stability Risks If Central Banks Fails to Issue Digital Currencies

The European Central Bank (ECB) warns that nations who decide not to issue CBDCs may encounter risks to their monetary autonomy and financial systems.

ECB Publishes New Guideline on Regulated Digital Asset Licensing

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

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

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.

European Asset Manager Believes Bitcoin is Not Doomed Despite Industry Collapse

European Asset Manager Believes Bitcoin is Not Doomed Despite Industry Collapse

A European asset manager, Amundi, believes that the ongoing cryptocurrency industry collapse does not mean that digital assets like Bitcoin are doomed to fail. Despite BTC's inability to protect investors from rising inflation, its limited supply may still attract attention if inflation remains high.

High Risk Crypto Activity on The Rise in Eastern Europe Amid Russia-Ukraine War - Chainalysis

High Risk Crypto Activity on The Rise in Eastern Europe Amid Russia-Ukraine War - Chainalysis

Illicit cryptocurrency activities have increased in the region driven by economic sanctions.

CME Group to Launch Euro-Denominated Bitcoin, Ether Futures on August 29

CME Group to Launch Euro-Denominated Bitcoin, Ether Futures on August 29

CME is about to launch Euro-denominated Bitcoin and Ether Futures products to meet the ever-growing demand for derivatives from an influx of retail and institutional investors.

Portugal's Zero-Taxation, Low Living Costs Helps Gain Pace as Preferred Crypto Destination

Portugal's Zero-Taxation, Low Living Costs Helps Gain Pace as Preferred Crypto Destination

Portugal is crafting a name for itself in the crypto space based on its zero-taxation policy, having set up various free zones to spur growth and research for cryptocurrency and blockchain organizations.

Three EU Regulators Warn Crypto Investors of Potential Losses

Three EU Regulators Warn Crypto Investors of Potential Losses

Three European Union regulators have warned investors of the potential loss in the digital currency ecosystem.

Tezos Blockchain Chosen for French Digital Euro by Societe Generale-Forge

Tezos Blockchain Chosen for French Digital Euro by Societe Generale-Forge

Societe Generale-Forge has selected the Tezos blockchain for its central bank digital currency (CBDC) experiment with the French central bank.

Christine Lagarde Announced EUR 750 Billion Bond Buyback, Bitcoin Surged 10%

Christine Lagarde Announced EUR 750 Billion Bond Buyback, Bitcoin Surged 10%

With the launch of ECB's €750 Billion bond buyback, Bitcoin, in the last 24 hours witnessed a steep increase in price clocking at 16% growth.

Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals

Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals

Libra has released its updated whitepaper, marking several significant changes towards providing individual stablecoins for major fiat currencies, including USD, EUR, GBP, and Libra Coin.

Iconic Funds to Issue First Exchange Traded Product for Bitcoin on a Regulated Market

Iconic Funds to Issue First Exchange Traded Product for Bitcoin on a Regulated Market

Iconic Funds, a global crypto asset management firm, has said it will issue an Exchange Traded Note (ETN) for Bitcoin of up to 100,000,000 Notes, tracking the NYSE Bitcoin Index (Ticker: NYXBT). The Notes may be subscribed to by qualified investors with both EUR and BTC, with a minimum subscription size of 100,000 Notes and an issue price of €1,00 per Note. Iconic Funds will apply for admission to trading of the Notes on the regulated market of the Luxembourg and Frankfurt Stock Exchanges in Q4 2019. The Notes will have a German ISIN.

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

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.

Cardano (ADA) Spikes by 20% as Coinbase Pro Adds Support for ADA on its Platform

Cardano (ADA) Spikes by 20% as Coinbase Pro Adds Support for ADA on its Platform

Cardano (ADA) will be made available on Coinbase Pro starting March 18, at 9 am Pacific Time.

CoinMarketCap Introduces Algorithmically Ranked Crypto Trading Pairs to Eradicate Volume Inflation

CoinMarketCap Introduces Algorithmically Ranked Crypto Trading Pairs to Eradicate Volume Inflation

CoinMarketCap, a leading crypto data tracker, has gone a notch higher by presenting a new ranking system based on an innovative algorithm powered by machine learning. According to the company’s blog post, this new approach will enable users to make more profound trading decisions when it comes to market pairs. The new approach presented by CoinMarketCap seeks to revamp its current single metric ranking network to a combined one that will handle at least 22,000 market pairs covering more than 5,500 cryptocurrencies.

Kraken Brings Crypto Asset Liquidity to Skrill and Neteller

Kraken Brings Crypto Asset Liquidity to Skrill and Neteller

Paysafe, a leading specialized payments platform has chosen US-based cryptocurrency exchange Kraken as their crypto asset liquidity provider.

Facebook’s Calibra Aims to Create 50 New Jobs in Dublin To Scale Up Its Libra Project

Facebook’s Calibra Aims to Create 50 New Jobs in Dublin To Scale Up Its Libra Project

Social media giant Facebook is seeking to create 50 jobs for its payment subsidiary Calibra. The new hires, which are targeted to begin work at Dublin office, Ireland by the end of 2020, will be responsible for creating a wallet for sending and storing Libra. Calibra was formed in 2019 to develop a digital wallet for the Libra payment team.

Veteran Analyst Peter Brandt Exited Stocks and Bitcoin Portfolio, Returned To US Dollar

Veteran Analyst Peter Brandt Exited Stocks and Bitcoin Portfolio, Returned To US Dollar

Veteran technical trader Peter Brandt cashed out his stock and Bitcoin portfolio just before the market crash on 3rd September.

Dr. Alicia Garcia-Herrero's Take on China’s CBDC and Facebook’s Libra

Dr. Alicia Garcia-Herrero's Take on China’s CBDC and Facebook’s Libra

In Part 2 of the interview, Garcia-Herrero explained the disruption of China’s CBDC – digital currency electronic payment (DCEP) on China’s monetary system. She also commented on the basket of currencies that Facebook’s Libra supports and Libra’s potential threat to monetary sovereignty.

European Commission Blockchain Report: The 3 Key Takeaways

European Commission Blockchain Report: The 3 Key Takeaways

Since the inception of Bitcoin, much hype and public attention have followed the development of cryptocurrencies their value being dismissed by many while others have become hoarders of crypto. Away from the uncertainty of cryptocurrency future value, one aspect of the technology is now squarely in the limelight—the blockchain platform or distributed ledger technology that make the currencies possible.

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

This newly found interest also explains the recent increase in the number of exchange platforms that have been springing up to meet this growing demand for liquidity within this space. Some platforms where Nigerians can receive funds in dollars or Bitcoin and convert to Naira has been seen as a way out of the too many constraints fiat presents.

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