european union

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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The Great Estonian Exodus — Crypto Firms Are Leaving Estonia

Back in 2017, the Estonian government rocked the legislative side of the crypto world when they introduced a raft of new laws designed to support crypto projects. These licenses split into two different categories: those looking to operate a crypto exchange and those looking to undertake an initial coin offering. Both company types stood to …

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3 Common Compliance and Regulatory Pitfalls to Watch for in 2020

Regulations are not going anywhere. On the contrary, financial service providers face more regulatory challenges and higher costs than ever before. During the early days of cryptocurrencies, a “Wild West” culture emerged when regulators, uncertain on how to tackle this thing called blockchain, paid little attention to the thefts, scams and hacks plaguing the virtual-asset …

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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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Visa Approves New DeFi-Enabled Crypto Card in EU and UK

Cryptocurrencies like Bitcoin (BTC) aren’t really easy to spend in day-to-day life, mainly because retailers prefer to stay away from crypto’s volatility. In order to build a bridge between traditional finance and emergent assets like Bitcoin, a Swiss crypto startup called Eidoo has introduced a new Visa crypto debit card that uses regulated stablecoins for …

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Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking

Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47.38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according to local media reports. The firm’s …

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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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