Brexit and fintech: A spring stocktake
The United Kingdom no longer has the choice but to adapt to the post-Brexit times, making digital finance one of its priorities. Go to Source Powered by WPeMatico
European Union
Auto Added by WPeMatico
South African Crypto Platform Revix Raises $4.1 Million
The South African cryptocurrency investment platform, Revix, has reportedly raised about $4.1 million from its latest capital raise round. According to the firm, part of the raised capital will be used “to launch Revix’s mobile application, a variety of Fourth Industrial Revolution (4IR) investment opportunities.” Furthermore, Revix says it also plans to use part of … Read more
European Investment Bank reportedly to issue bonds with blockchain tech
The EIB has reportedly hired banks like Goldman Sachs and Societe Generale to explore a digital bond, registered and settled via blockchain. Go to Source Powered by WPeMatico
European Central Bank tries to quell Germans’ doubts about digital euro
A future digital euro wouldn’t be a threat to savers, say officials from the European Central Bank. Go to Source Powered by WPeMatico
German federal bank runs successful blockchain system without a CBDC
Executives at the Deutsche Bundesbank are eager to launch a blockchain-based system without the need for a CBDC — and they just might succeed. Go to Source Powered by WPeMatico
EU securities regulator warns about risks of ‘non-regulated’ cryptos
The ESMA analyzed the impact of COVID-19 on financial markets, highlighting the supposed risks linked with crypto investment. Go to Source Powered by WPeMatico
EU appoints major finserv firm to lead blockchain social media project
The initiative will assess 450 proposals aimed at boosting the integrity of social media posts with the help of blockchain technology over the next three years. Go to Source Powered by WPeMatico
Beyond Bitcoin? Little known project jumps 116% on €2.75M EU ‘new money’ grant
A currency that gains value through abundance, not scarcity? That’s the object of a $3.3 million EU research project which doubled the value of an associated token overnight. Go to Source Powered by WPeMatico
French official wants to change how Europe regulates crypto and blockchain
According to one French official, crypto and blockchain projects should be supervised at the European level. Go to Source Powered by WPeMatico
EU Seeks to Curb Reliance on US Dollar After American Sanctions Exposed Financial Infrastructure Vulnerabilities
The European Union (EU) is reportedly planning to reduce its reliance on the U.S. dollar-based financial system, after American sanctions on Iran exposed the vulnerabilities of the bloc’s financial infrastructure. According to officials, who are now determined to challenge the dollar’s supremacy, the renewed desire to boost the role of the euro currency is also … Read more
