Privacy concerns regarding the digital euro abound as the European Central bank tests the waters for a central bank digital currency.
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.
The EIB has reportedly hired banks like Goldman Sachs and Société Générale to explore a digital bond registered and settled via blockchain.15269
Rail cargos from China to Europe can now be delivered in days instead of months, after a new blockchain system was installed at a major Chinese rail port.7122
The Sveriges Riksbank said that CBDC technology still requires further investigation.10723
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said.6174
A future digital euro wouldn't be a threat to savers, say officials from the European Central Bank.8218
Executives at the Deutsche Bundesbank are eager to launch a blockchain-based system without the need for a CBDC — and they just might succeed.12531
Irish companies operating with crypto, and the firms servicing them, will have to adhere to AML and CFT for the first time starting next month.5401
The ESMA analyzed the impact of COVID-19 on financial markets, highlighting the supposed risks linked to crypto investment.8863
The funding round was led by Valar Ventures and partners from DST Global.9353
The International Association for Trusted Blockchain Applications has faulted some aspects of the European Commission’s proposed crypto regulations.6373
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020.18883
Deutsche Borse’s Xetra prepares to list two Ether ETPs and a Bitcoin Cash ETP on Tuesday, stating that crypto ETFs are unlikely to come soon due to EU regulations.8969
Chiliz is setting up a New York office following years of fan token experience in Europe.19189
The STO will take place on the Luxembourg-based STOKR marketplace.7006