Tag: Europe
Fintech company Leonteq expands crypto offerings in Europe
Leonteq AG, a Swiss structured financial products firm; has announced a partnership with ICF BANK AG to offer digital assets to institutional investors as...
Binance to shut down crypto derivatives trading in Europe
Binance, the largest cryptocurrency exchange, has released a statement that it will scale back its futures and derivatives offerings across Europe. This turnaround is...
Softbank leads $800M investment for banking app Revolut
The valuation of fintech Revolut, which received $ 800 million in funding in the next round of financing, reached $ 33 billion. Compared to...
ECB is looking to design a digital euro more energy-efficient than...
The Governing Council of the European Central Bank (ECB) has launched the exploration phase of the digital euro. It will last 24 months, and...
Pandemic has accelerated the rollout of CBDCs by 5 years
The COVID-19 pandemic has forced many states to accelerate efforts to create a national digital currency (CBDC).
A study by Guardtime notes that central banks'...
50,000 electric vehicle charging stations in Europe to offer crypto payments
The Irish company HIPS Payment Group and the Swedish firm Vourity have announced a partnership to begin accepting cryptocurrencies in at least 50,000 electric...
Digital euro offers better privacy protections than private stablecoins
ECB can provide future digital euro users with acceptable privacy protections that are better than those of private companies. This opinion, during an interview...
Digital euro could drain 8% of bank deposits, Morgan Stanley says
American bank Morgan Stanley simulated a bearish scenario for bank deposits due to the introduction of the digital euro. In their opinion, the new...
ECB says digital euro may be needed to combat ‘artificial currencies’
Economists from the ECB believe that the digital euro is essential for the future of the financial system. As it can withstand "artificial currencies"...
EIB predicts shortfall in blockchain and tech investment
EU investments in artificial intelligence and blockchain technologies account for only 7% of the global volume; the annual funding gap is from 5 to...
