Europe

EU Highlights Blockchain Benefits in Digitization Write-Up

The European Union, or EU, mentioned blockchain technology as part of social services digitization efforts to keep Europe up to speed with the changing times.  “As in the case of the services sector, the use of blockchain technology is in an early phase of adoption in health and social care, where it has been used …

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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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World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic

</header> <strong>The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with a shrinking asset base. </strong> Also read: US Cash …

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STO Platform’s Registration with Traditional Bank Helps Move Security Tokens Forward

Security token offering (STO) platform, Blockpulse, has obtained registration with the ACPR Bank of France. Blockpulse “registered at ACPR Banque de France with its partner, Lemonway, the leading European digital payment solution for investment platforms,” Blockpulse COO Marien Irzykiewicz told Cointelegraph. The company also alleges that the outfit is the first STO platform to achieve …

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Gemini Continues European Expansion With New Institutional Sales Role

The New York-regulated exchange Gemini is looking to expand its foothold in Europe, advertising for a new director-level role to head institutional sales. The new director for European sales will promote and grow Gemini’s business across Europe and the U.K. as well as “generate new business” by creating relationships with institutional clients, the exchange said …

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$135B Injection from European Central Bank Dwarfs BTC Market Cap

After similar efforts from the U.S. Federal Reserve on March 10, the European Central Bank, or ECB, announced a $135 billion stimulus — a number that dwarfs Bitcoin’s (BTC) entire market cap. The ECB, in an effort to combat struggling markets, decided not to cut interest rates further. Instead, the central bank announced the allocation …

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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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Transit directions are rolling out to Apple Maps users in Europe

Sponsored Links Apple took its time getting transit directions onto its maps, and even once it did Apple Maps users in countries outside the US were left wanting. Now, it seems it’s finally rolling out transit directions coverage across Europe. According to MacRumors, travelers in cities across France, Germany, Spain and potentially other countries are …

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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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Europe’s First Crypto License Issuer Warns of New Unregistered Crypto Firm

Major European financial regulator, Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), has spotted another unregistered crypto company. The firm, Crypto Bull, operating under the url crypto-bull.io, claims to be based in Luxembourg while it does not have permission to provide crypto services in the country, the CSSF announced on Jan. 31. The warning notice …

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