Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union.
Europe is a part of the world in the northern hemisphere of the Earth, comprising part of the largest of the world’s continent Eurasia, together with Asia. Overall, Europe has 65 countries within its territory. Most of the countries are members of the European Union, which has the world’s second largest economy by GDP and purchasing power parity. In terms of Bitcoin, Europe is just now preparing to regulate it. Cryptocurrency is not considered banned, though authorities of the European Union have agreed to limit the turnover of digital currencies. They prohibited anonymous transactions on online trading platforms so that cryptocurrency exchanges in Europe must identify all users and, if it’s needed, provide information about them. Within the Union, however, countries have differing attitudes toward Bitcoin.
Ontology has partnered with digital identity specialist Spherity to expedite the development of ID solutions across the supply chain.12587
Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of DLT-based national currency tokenization.4962
The COVID-19 pandemic is making cash-based societies all over the world sink into oblivion with the help of decentralized technologies.7992
As FATF’s purported deadline for the travel rule is just a few weeks away, crypto regulation expert Siân Jones argues that its adoption could take years.3454
European Central Bank executive board member Yves Mersch believes that the main impediment for CBDC is philosophical rather than technological.10331
Emerging technologies such as blockchain are reshaping the landscape of the traditional financial system in Europe.10905
Major crypto event, Consensus: Distributed, kicks off virtually, with ECB board member Yves Mersch discussing central bank digital currencies.3575
A study surveying reps from top EU mining firms found many believe regulations and protections offset higher electricity costs.19141
As the halving approaches, miners in Europe face a serious challenge: Can they survive the event, and will the industry thrive post-halving?15023
Belgium’s economic inspectorate reported $3.2 million in losses due to cryptocurrency fraud in 2019.7171
Major cryptocurrency exchange Binance has hired banking and fintech veteran Teana Baker-Taylor to lead its expansion in the United Kingdom and European market.6702
The IDC has revised down its forecasts for EU enterprise spending on blockchain development in the next few years due to the COVID-19 pandemic.5022
De Nederlandsche Bank has issued an ultimatum to all domestic cryptocurrency service providers offering fiat support to register with the institution by May 18.4991
The European Central Bank says global stablecoins require clear regulatory structure prior to approval.8266