Europe

Europe

‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators

Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”

Policy & regulation  ·  4 October 2019
Europe

Fed Official Says Digital Central Bank Currency Is ‘Inevitable’

Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.

Policy & regulation  ·  3 October 2019
Europe

European Competition Watchdog Fears Libra’s ‘Closed Economy’

The European Commissioner for Competition, Margrethe Vestager, is asking tough questions of Libra over its potential closed economy.

Policy & regulation  ·  3 October 2019
Europe

Former NiceHash CTO Arrested in Germany Over US Hacking Charges

The U.S. Department of Justice is seeking to extradite the alleged hacker over crimes he's already served time for in Slovenia.

Policy & regulation  ·  2 October 2019
Europe

UK Police Auction Off $294,000 in Stolen Crypto From EtherDelta Hack

More than $294,000-worth of cryptocurrency confiscated from the teenage hacker of EtherDelta and TalkTalk has been auctioned off.

Policy & regulation  ·  1 October 2019
Europe

Facebook-Led Libra Could Be Boon to UN, Says Crypto Project’s Chief

The head of the Libra Association has argued that the Facebook-led cryptocurrency could help the U.N. achieve its sustainable development goals.

Policy & regulation  ·  27 September 2019
Exchanges

Binance Helped UK Police Investigate Criminal Involved in $50 Million Fraud

The exchange said it helped British police bust a cybercriminal who sold phishing tools that resulted in the theft of millions of pounds.

Policy & regulation  ·  27 September 2019
Europe

Germany Passes National Policy to Explore Blockchain But Limit Stablecoins

Germany's cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook's Libra.

Policy & regulation  ·  18 September 2019
Europe

Central Banks to Question Facebook-Led Libra Over Financial Risks

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.

Policy & regulation  ·  16 September 2019
Europe

CME’s Bitcoin Index Provider Wins First EU Crypto Benchmark License

The U.K FCA has authorized CF Benchmarks as a Benchmark Administrator under EU regulation coming into effect in January.

Policy & regulation  ·  13 September 2019
Europe

France Says It Will Block Facebook Libra in Europe

The French finance minister has said the nation plans to block Facebook's Libra cryptocurrency in the EU over its threat to national currencies.

Policy & regulation  ·  12 September 2019
Europe

Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief

FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits.

Policy & regulation  ·  12 September 2019
Europe

Facebook Libra Is Seeking to Register as a Payment System in Switzerland

The non-profit set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.

Policy & regulation  ·  11 September 2019
Europe

Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official

Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.

Policy & regulation  ·  10 September 2019
Europe

ECB’s Mersch Warns Over ‘Treacherous Promises’ of Facebook Libra

Yves Mersch has warned of the threat posed by Facebook's Libra to monetary policy and consumers in the EU.

Policy & regulation  ·  2 September 2019