Formerly known as Digital Assets AG, FTX Europe was originally founded as a Swiss startup and was sold back to its original founders after FTX’s bankruptcy.
Europe News
Europe is a continent comprising the westernmost part of Eurasia. According to the United Nations, there are 44 countries in Europe, of which 27 are members of the European Union. The EU has the world’s third-largest economy by gross domestic product, or GDP, and purchasing power parity.
Europe is also a burgeoning hub for cryptocurrency innovation. Several European nations have embraced cryptocurrency, fostering a crypto-friendly environment within the region. Regulatory frameworks, such as the Markets in Crypto-assets Regulation (MiCA), have been proposed by the European Union to standardize crypto regulations across member states. These regulations aim to provide clarity and security to investors and businesses operating in the crypto space.
Liechtenstein, a small European country, introduced a new blockchain law that allows seamless tokenization of assets and rights, eliminating the need for legal workarounds. This enhances the country’s ability to legally host various digital tokens. Countries like Switzerland and Estonia have also gained recognition for crypto-friendly policies.
Switzerland, often dubbed “Crypto Valley,” hosts numerous blockchain startups and cryptocurrency companies due to its favorable regulations and supportive government initiatives. Estonia, on the other hand, offers e-residency programs, attracting digital entrepreneurs and blockchain businesses from around the world. Additionally, Malta boasts progressive cryptocurrency regulations, positioning itself as the “Blockchain Island” and a global hub for digital asset innovation and businesses.
Europe’s proactive approach toward cryptocurrency regulation and its rich technological infrastructure position the continent as a prominent player in the global crypto landscape, encouraging innovation and investment in the digital asset sector.
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Gurbir Grewal, the director of the Division of Enforcement at the SEC, has pushed back against criticism that the regulator is making up rules on crypto as it goes along.
1810Germany is experiencing a renewed interest in the metaverse, which is focused on concrete applications in public administration and industry.
1028The European Commission is evaluating the DeFi industry and could require protocols to obtain a MiCA license in the near future.
4866The largest stablecoin issuers are non-European, but they will have to get compliant fast if they don’t want to lose ground on the continent.
11059Major global crypto exchange Bybit announced the launch of Bybit.nl as a new regulated crypto trading platform in the Netherlands.
4863Layer-1 blockchain peaq has secured $15 million in a Series A round led by Generative Ventures and Borderless Capital.
18473EU regulators have opened a non-compliance investigation into various marketing and ranking practices of Apple, Google, Meta and Amazon in potential violation of the EU Digital Markets Act.
2079The European Union's new Anti-Money Laundering laws limit cash and some crypto transactions but proposed noncustodial wallet limits didn't make the final cut.
71921The Greens think the current one-year holding tax exemption for crypto is unfair and are seeking to abolish it.
1030The global competition for AI supremacy intensifies as companies consider relocating and countries offer incentives to attract AI talent.
4483Only EUR and USDC trading pairs will be supported on the platform in the EU area going forward, according to the message.
10394The European Parliament granted final approval to the European Union’s artificial intelligence law, one of the world’s first set of comprehensive AI regulations.
4166The European Commission is empowered to levy fines for inaccuracies, incompleteness or misinformation provided in response to information requests.
16737This regulatory framework for stablecoins results from a joint collaboration between the European Banking Authority and the European Securities and Markets Authority.
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