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After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Additionally, the majority of the market is pricing in another 0.25% increase for the May … Read more
European Union lawmakers are planning an EU-wide digital identity wallet for access to essential services. Go to Source Powered by WPeMatico
Under the Future Finance Act, the German government is pushing for more welcoming regulations for startups working with financial innovation. Go to Source Powered by WPeMatico
“We need to put more thought into imagining what international coordination will look like and how it can be effective in regulating the crypto world,” said Elizabeth McCaul. Go to Source Powered by WPeMatico
The platform makes the first use case of a so-called “Proof of Climate” blockchain protocol. Go to Source Powered by WPeMatico
Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year after year from governments around the world. Go to Source Powered by WPeMatico
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four French banks and one international … Read more
The EBF calls itself the voice of the European banking sector; it expressed its support for European digital money, with suggestions of its own. Go to Source Powered by WPeMatico
Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008. Go to Source Powered by WPeMatico
Despite the ongoing tumultuous market conditions, VC investments in European crypto startups hit an all-time high of $5.7 billion in 2022. Go to Source Powered by WPeMatico
