EU

European Commission Defense Program Offers Grants for Blockchain Solutions

The European Commission is calling for future-oriented defense solutions including innovative blockchain concepts. A European Defense Industrial Development Programme (EDIDP) tender, issued March 24, includes a 42-strong itemized list calling for small-to-medium enterprises (SMEs) to offer up solutions that drive innovation and adapt technologies for civil and defense purposes. The program will accept proposals relating …

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European mobile carriers will share location data to track COVID-19 spread

Sponsored Links AP Photo/Emilio Morenatti More governments are relying on phone location tracking in a bid to track and contain the spread of COVID-19. Eight European carriers, including Deutsche Telekom (T-Mobile), Orange and Vodafone, have agreed to share phone location data with the European Commission to help measure the coronavirus’ reach. That immediately raises privacy …

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US Cash Crisis: Withdrawal Limits Spark Bank Run Fear

</header> <strong>The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite has been trying to withdraw $30-50K per person as they …

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French Court Moves the BTC Chess Piece — How Will Regulators Respond?

The Commercial Court of Nanterre’s Feb. 26 ruling that Bitcoin (BTC) is a fungible, intangible asset sent some ripples through the French crypto community, and beyond. This may seem surprising, given that this was a lower court decision and, moreover, one that did not declare BTC a currency or fiat money — as some news …

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Paris Blockchain Week Rescheduled Due to Coronavirus Outbreak

Organizers in Paris have rescheduled a major local blockchain industry event due to the coronavirus outbreak. According to an announcement on March 2, the Paris Blockchain Week Summit — initially meant to take place from March 31 to April 1 — is now expected to take place on Dec. 9–10.  The organizers rescheduled the event …

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Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions

</header> <strong>The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest changes. </strong> Also read: Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive …

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Copy Trading Platform ZuluTrade Powers SetBroker.com

</header> SetBroker, an innovative Bitcoin-based copy-trading platform, announced today their successful launch. Their platform is powered by ZuluTrade’s technology and Traders ecosystem. Setbroker.com’s unique sales incentive is that it will exclusively use Bitcoin for funding Investors’ trading accounts. The project is expected to transform the cryptocurrency trading market using blockchain and Bitcoin technology combined with …

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New Italian Fintech Startup Bitsa Adds XMR Support to Its Prepaid Card

Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR). By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR), Bitsa announced on Feb. 21. …

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EU Can’t Decide What to do with Libra

Governments around the world are facing hard choices when it comes to cryptocurrency: overregulate it and risk losing the benefits to the economy, or do nothing and make themselves vulnerable to those who step up. Currently, the European Union can’t figure out what to do about Libra, the digital currency set to be released by …

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Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March

</header> <strong>The European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with the finalized proposal expected in the third quarter. </strong> Also read: …

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