Softbank leads $800M investment for banking app Revolut
Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm’s CFO suggested that it was unlikely. Go to Source Powered by WPeMatico
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ECB is looking to design a digital euro more energy-efficient than Bitcoin
The underlying architecture of the digital euro will be designed to have a negligible environmental footprint compared to Bitcoin and other crypto-assets. Go to Source Powered by WPeMatico
Pandemic has accelerated the rollout of CBDCs by 5 years, says blockchain firm
“There is also no doubt in our mind that a major central bank will soon launch a digital currency and we expect this to happen within the next three years,” said Guardtime. Go to Source Powered by WPeMatico
Fiat-to-crypto onramp Simplex integrates SEPA Instant for European partners
“We’re delighted to add SEPA Instant to our growing portfolio of payment methods, giving our partners’ users the power to make instant wire transfers of up to €100,000, 24/7,” said Simplex CEO Nimrod Lehavi. Go to Source Powered by WPeMatico
Poland financial regulator issues public warning about Binance
The cryptocurrency market is “neither regulated nor subject to supervision” to the Polish Financial Supervision Authority, the regulator said. Go to Source Powered by WPeMatico
BREAKING: Binance suspends euro bank transfers amid regulatory heat
As of 8 am UTC on Wednesday, Binance users will no longer be able to make euro deposits through their bank. However, they can still fund their accounts with credit cards and debit cards. Go to Source Powered by WPeMatico
Former EU trade commissioner joins advisory board for DeFi dispute resolution platform
Astra protocol seems to be offering a way for disputes to stay in the crypto space and out of traditional courts. Go to Source Powered by WPeMatico
Former Mastercard exec to lead Ripple’s European Expansion
Sendi Young has over 15 years of fintech experience and has previously worked at prominent payments firms. Go to Source Powered by WPeMatico
Expect even more oversight of crypto from regulators, says eToro
Yonni Assia believes that unprecedented retail investor interest will push regulators to be more proactive about crypto regulation. Go to Source Powered by WPeMatico
Demand for digital euro not yet clear, says BBVA exec
The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation team said. Go to Source Powered by WPeMatico
