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Cryptocurrency Financial News

Category: Europe

Posted on 11th October 2019

Traditional Financial Exchanges Oppose UK Crypto Derivatives Ban for Retail Investors

The World Federation of Exchanges asked the UK’s Financial Conduct Authority not to ban the sale of crypto derivatives to retail investors.

Posted on 9th October 2019

Bank of England Sets Out Rules for Libra Launch in the UK

The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch.

Posted on 7th October 2019

German Finance Minister Supports Digital Euro, But ‘Very Critical’ of Libra

Speaking on a possible e-euro, minister Olaf Scholz said Germany “should not leave the field to China, Russia, the U.S. or any private providers.”

Posted on 7th October 2019

UK Finance Watchdog’s Crypto Investigations Up By 74% in 2019

The number of investigations into cryptocurrency firms by the U.K.’s Financial Conduct Authority have reportedly seen a sharp rise in the last year.

Posted on 4th October 2019

‘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.”

Posted on 3rd October 2019

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.

Posted on 3rd October 2019

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.

Posted on 2nd October 2019

Former NiceHash CTO Arrested in Germany Over US Hacking Charges

The U.S. Department of Justice is seeking to extradite the alleged hacker over a sentence he’s already served in Slovenia.

Posted on 1st October 2019

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.

Posted on 27th September 2019

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.

Posted on 27th September 2019

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.

Posted on 18th September 2019

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.

Posted on 16th September 2019

Global 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.

Posted on 13th September 2019

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

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

Posted on 12th September 2019

France Says It Will Block Facebook Libra in Europe: Report

The French finance minister has said the nation plans to block Facebook’s Libra cryptocurrency in the EU over its threat to “monetary sovereignty.”

Posted on 12th September 2019

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.

Posted on 11th September 2019

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

The company set up to run Facebook’s Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.

Posted on 10th September 2019

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.

Posted on 2nd September 2019

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

The central bank board member has warned of the threat posed by Facebook’s Libra to monetary policy and consumers in the EU.

Posted on 21st August 2019

Facebook Libra Already Facing an EU Antitrust Probe: Report

Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project.

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