After months of monitoring and observing the potential of blockchain, EU is finally making a turn into it After months of monitoring and observing the “promising and challenging” potential of distributed ledger technology (DLT), the European Union (EU) is finally making a turn into the blockchain industry. How it all started Back in February 2018,… Continue reading Europe Takes Serious Steps Towards Blockchain Adoption
Category: EU
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Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG
The cantonal court of Zug, Switzerland has reportedly shut down and ordered the liquidation of mining firm Envion AG, that uses clean energy to mine cryptocurrency. The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial Coin Offering (ICO), German news outlet Handelsblatt Global reported Nov.… Continue reading Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG
BBVA and Santander Join EU Joint Blockchain Platform Set to Launch in 2019
Major Spanish banks BBVA and Santander have joined the launch of the E.U. International Association for Trusted Blockchain Applications. Banking groups BBVA and Banco Santander have joined the E.U. International Association for Trusted Blockchain Applications (IATBA), Spanish economic newspaper Expansion writes Nov. 20. The representatives of two Spanish banking groups were invited to an E.U.… Continue reading BBVA and Santander Join EU Joint Blockchain Platform Set to Launch in 2019
Coinbase Opens Office in Ireland as Part of Brexit Contingency Plan
Cryptocurrency exchange Coinbase has opened an office in Dublin in the face of Brexit. San Francisco-based cryptocurrency exchange Coinbase has opened a new office in Dublin, Ireland, according to an announcement published Oct. 15. In addition to helping expand its operations in Europe, the new Irish offices are reportedly part of a contingency plan for… Continue reading Coinbase Opens Office in Ireland as Part of Brexit Contingency Plan
Crypto ‘Here to Stay’ but Needs Classification, Says European Commission Vice President
The E.U. will focus on crypto classification and “regulatory mapping,” since crypto is “here to stay,” according to the European Commission’s Vice President. The European Union (E.U.) will focus on the development of crypto asset classification and regulatory mapping, European Commission Vice President Valdis Dombrovskis claimed at a recent meeting of Economic and Financial Affairs… Continue reading Crypto ‘Here to Stay’ but Needs Classification, Says European Commission Vice President