EU

European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law

The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing a leaked 167-page draft crypto proposal. According to the report, the regulation will seek to tackle bitcoin’s …

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Telegram files EU antitrust complaint against Apple’s App Store

Enlarge Carl Court / Getty Images Telegram, the messaging app, has become the latest company to file a formal antitrust complaint to the EU over Apple’s App Store. In a complaint to EU competition chief Margrethe Vestager, Telegram, which has more than 400 million users, said Apple must “allow users to have the opportunity of …

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Telegram is the latest company to file an EU antitrust complaint against Apple

NurPhoto via Getty Images If big tech thought that its antitrust reckoning would end with yesterday’s hearings, it’ll have its optimism sorely dented by what’s likely to follow. A number of smaller players are lobbing grenades over the fence in the hope of forcing regulators on both sides of the Atlantic to intervene. Today, secure …

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EU Leaders Approve $2.1 Trillion Budget, US Lawmakers Expect Another Round of Covid-19 Relief Money

Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute … read more. Crypto …

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The UK buys a 45 percent stake in broke satellite startup OneWeb

OneWeb After losing access to the EU’s satellite-navigation system Galileo due to Brexit, the UK is hoping to replace it with OneWeb satellites. A government-led consortium has won an auction for the satellite internet company, which filed for Chapter 11 bankruptcy in March as it sought a buyer.  If a US bankruptcy court approves the …

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EU will speed up its spaceflight plans in response to SpaceX and China

JODY AMIET/AFP via Getty Images The modern space race is heating up, and the European Union is acutely aware that it needs to keep pace. Space chief Thierry Breton told Reuters in an interview that the EU is accelerating its plans in light of rapid progress by private companies like SpaceX as well as China’s …

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Regional CBDCs Can Fuel International Trade, but USD Seems Unbeatable

As central bank digital currencies continue to be researched and tested by countries across the globe, it becomes more apparent that the United States dollar’s reign might be challenged once the concept is implemented on a regional scale. While most retail CBDCs focus on internal economic matters, some projects aim to facilitate trade relations within …

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80% of US and European Institutional Investors Find Cryptocurrency Appealing: Survey

Amid Youtube Censorship, Individuals Flock to Decentralized Video Sharing Apps Like Lbry.tv In mid-May, news.Bitcoin.com reported on one of our mining pool videos being censored and banned from the video-sharing platform Youtube. The report had shown how Youtube has been censoring videos for a long time now, and the CEO specifically told … read more. …

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Blockchain Battery Grids Are Powering Up at Lightning Speed

Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union. Ecologic technology news outlet, Green Tech Media, reported on May 29 that three major European Union’s electricity transmission system operators, or TSOs, joined Equigy’s platform. More precisely, TSO with operations in Germany and the Netherlands …

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German Security Token Platform to Develop a Custody Solution

German security token offering (STO) platform Black Manta Capital Partners partnered with local digital asset custody firm Finoa to develop institutional security token custody. According to an announcement shared with Cointelegraph on May 4, the cooperation aims to develop a regulated security token custody solution explicitly aimed at institutional investors, high net worth individuals and …

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