Europe’s Fintech Hub Will Not Tolerate Illegal Cryptocurrency Mining
The legality of cryptocurrencies varies from territory to territory. The UK especially leans towards crypto mining and trading as well as blockchain development but will get under the skin of…
Read More »African Migrants Turn to Cryptocurrency for Low Fee Remittance
Due to poverty and stringent economic conditions, hundreds of able Africans seek better employment opportunities in Europe and Asia. However, the high taxes and unfavourable monetary policies of many African…
Read More »Intelligence Services Benefit from the Darknet: Second Virtual Office Established by Russia
Russian Foreign Intelligence accepts data from citizens using their virtual office in the darknet. This is the first office of the kind in Europe. Russia has followed the lead of…
Read More »Blockchain Technology Tapped to Power China-Europe Rail Trade
Blockchain technology continues to find novel use-cases. Blockchain Technology Powers China-Europe Trade According to a report by Big News Network published on April 11, distributed ledger technology (DLT) is being…
Read More »Europe’s New ‘Seed-to-Shelf’ Cannabidiol Blockchain Tracking Tool
The Cannabinoid Association of the Netherlands has unveiled a blockchain-based CBD tracker for customers to trace a product’s journey from seed-to-sale.
Read More »Japanese Government to Consider CBDC in Economic and Fiscal Policy
The Japanese government is looking to include a central bank digital currency (CBDC) in its 2020 economic and fiscal policy framework. Japan to Collaborate with the U.S. and Europe on…
Read More »Europe Is Going to Trial CBDC with Lithuania at the Forefront
Amidst rapid digitization of the world, central banks are making efforts to keep pace. Nevertheless, while Asian countries such as China have been actively developing its Central BankDigital Currencies, Europe…
Read More »Europe’s Third-Largest Stock Exchange Lists Bitcoin ETP
Germany-based Deutsche Boerse –Europe’s third-largest stock exchange – has officially accepted 21Shares’ Bitcoin exchange-traded product (ETP) and is now set to list the product on Xetra electronic trading platform, according…
Read More »Update: Europe/UK MCO Visa Cards Have Been Reactivated
On 29 June 2020, the FCA provided written consent to allow Wirecard UK to resume payment services. The restriction on activities lifted at 00:01 UTC on 30 June 2020. We…
Read More »Our statement regarding MCO Visa Cards issued by Wirecard UK for Europe
Following a notice regarding Wirecard UK by the FCA, we have just been requested to stop all activity on our card programs in the UK and Europe. Our customers in…
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