Armenia aims to position itself as a Bitcoin mining hub
The post-Soviet republic took a friendly stance on crypto, but heavily relies on foreign energy. Go to Source Powered by WPeMatico
Europe
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MiCA coming in hot in October, NFTs not in focus: EU regulators
In an online panel from the German Bundesblock, local regulators discussed details of upcoming MiCA regulation, along with a brief update on NFTs and stablecoins. Go to Source Powered by WPeMatico
Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report
The crypto exchange reportedly stepped in as a potential sponsor after the Champions League dropped Russian state-owned energy firm Gazprom. Go to Source Powered by WPeMatico
Eurozone hits record inflation of 9.1% amid gas and energy crisis
Eurozone inflation is up from 8.9% in July as the continent faces skyrocketing energy, gas and food prices due to the ongoing crisis in Ukraine. Go to Source Powered by WPeMatico
ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation
According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her interview with Madame Figaro, Lagarde stressed that people need to take into account that “climate disasters” affect price stability a great deal. ECB Board Member … Read more
Crypto adoption in Ireland down over 16% in the last year
Adults in Ireland have become slightly less interested in crypto with a drop in ownership from 12% to 10% in the last year. Go to Source Powered by WPeMatico
Bitcoin whales attack sellers at $22.3K as euro drops below USD parity
Bitcoin struggles to make a return to higher levels despite geopolitical uncertainty striking the Eurozone. Go to Source Powered by WPeMatico
Bitcoin price heads above $23.5K after highest EU inflation in history
Inflation surprises keep coming, while the European central bank refuses to rule out even higher numbers in future. Go to Source Powered by WPeMatico
British Fintech Revolut Granted Crypto License in Cyprus
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services for Europeans From Cyprus A leader in the neobank … Read more
European Central Bank addresses guidance on licensing of digital assets
Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies. Go to Source Powered by WPeMatico
