Dutch Ministers Call for Cryptocurrency, Cash Use Regulations
Dutch ministers have proposed that the government regulate crypto and large cash transactions, citing concerns over money laundering Go to Source Powered by WPeMatico
European Union
Auto Added by WPeMatico
EU Banks to Deploy Instant Payments System in Response to Competition From Libra
A comprehensive instantaneous payments system may be in place in the European Union by 2020 Go to Source Powered by WPeMatico
Survey Shows Europeans Think Crypto Will Last a Decade, but Are Less Confident in BTC
According to a recent survey of 10,000 European residents, 63% believe that cryptocurrencies will still be around in 10 years. However, polled respondents were not so confident about bitcoin core (BTC) lasting over the next decade as only 49% of participants believe BTC will be around. Also read: Researchers Find Hundreds of Ethereum Wallets at … Read more
How the EU and 5 European Nations Regulate Cryptocurrency
Leading up to the G20 summit in June, the Financial Stability Board has detailed how the European Union and its member countries are regulating crypto assets, who the regulators are in each country and the scope of their oversight. In most cases, crypto assets are overseen by several regulators. Also read: Indian Supreme Court Postpones … Read more
German Bank Association: New Regulation for DLT-Based Securities May Be Necessary
The emergence of DLT-based securities may create the need for new regulation, according to a German private banking association Go to Source Powered by WPeMatico
Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards
While there’s been a lot of news of cryptocurrency debit cards closing shop over the last two years, a company called Payglobal offers cryptocurrency to fiat transfers onto a user’s existing bank card. The U.K. based e-wallet service licensed by the Financial Conduct Authority (FCA) aims to provide a variety of end-to-end solutions for people … Read more
Smart Contracts Don’t Necessarily Disrupt Traditional Contract Law, Expert Argues
Smart contracts fall subject to international law, a professor of Private International Law at the Friedrich Schiller University in Germany has argued Go to Source Powered by WPeMatico
Banking Agency Advises European Commission to Assess Common Crypto Approach
The European Banking Authority (EBA), a regulatory agency of the European Union, has published its assessment into the application of EU law to crypto assets. The agency, which is headquartered in London, recommends that the European Commission tables a response to the risks regulators associate with the field such as money laundering. Also Read: FBI … Read more
Exchanges Roundup: SBI to Develop Wallet, Huobi Targets New Markets
In recent news pertaining to cryptocurrency exchanges, SBI Group has unveiled a partnership with Sepior that will see the companies jointly develop a proprietary wallet, Huobi has announced it is establishing an operational base in Dubai to target the African, Middle Eastern, and South Asian cryptocurrency markets, and Trijo, a Swedish crypto exchange, has received … Read more
Northern Bitcoin, Rawpool Sign Wallet and Mining Deal
Germany’s Northern Bitcoin AG (MUN:NB2) has agreed to offer Bpal Wallet, a wallet and payments app created by China-based Rawpool Group, in the European market. The agreement between the Munich-listed company and the bitcoin cash (BCH) miner, effective from today, also covers mining operations and cryptocurrency exchanges. Shares of Frankfurt-based Northern Bitcoin AG rose 2.8 percent … Read more
