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Europe: Crypto and Blockchain News Roundup 17th to 23rd June, 2019

Europe

Welcome to another weekly blockchain news roundup from around the world. Here we present to you all the latest Bitcoin news continent by continent and country by country. Europe European Union Facebook’s Libra cryptocurrency project being examined by EU authorities: Facebook’s cryptocurrency project named Libra is now under scrutiny by the European authorities after it was unveiled a few weeks …


France Announces G7 Crypto Task Force

G7

France’s central bank has announced plans to create a G7 task to specifically look into cryptocurrency regulations. Governor Francois Villeroy de Galhau has selected a European Central Bank board member to lead its investigative team, stamping its authority as the current President of the Group of Seven Nations (G7) The Group of Seven is a group consisting of Canada, France, …


Dysfunctional States And State Crypto

Dysfunctional States And State Crypto (1)

French Finance Minister Bruno Le Maire has said that cryptocurrency will never replace a government’s sovereign currency. Le Maire’s comments were made in the light of growing concerns by regulators over Facebook’s intended launch of its own cryptocurrency in 2020. Mark Carney, Governor, Bank of England also said that the new digital currency will be under scrutiny to ensure it …


Georgia Develops Blockchain in Education, Ministry Services

Georgia Develops Blockchain in Education, Ministry Services

Georgia’s government has signed a memorandum of understanding (MoU) with blockchain firm Input Output Hong Kong (IOHK) to collaborate on the implementation of blockchain-based projects in government, businesses, educational institutes. The MoU signifies partnership between the two entities to develop the operational, technical, and commercial capacities on the ongoing and planned blockchain projects along with support for fintech businesses in blockchain …


Europe’s First e-Money on Blockchain Will Be Icelandic Currency

Europe's First e-Money on Blockchain Will Be Icelandic Currency (1)

Europe will see the first compliant e-money transfers on blockchain as Icelandic firm Monerium has been approved by the Financial Supervisory Authority of Iceland (FME) as the first electronic money institution. The announcement, which became formal yesterday, means that the firm can now provide fiat payment services on blockchain throughout the European Economic Area (EEA). E-money is a regulatory framework …


Coinbase Adds 6 More Countries to Debit Card Scheme

Coinbase Adds 6 More Countries to its Debit Card Scheme

Coinbase is extending its crypto debit card empire from the UK to six more European countries as of today. The new cards for Coinbase account holders will now be available from 12 June for users in France, Germany, Italy, Ireland, Spain, and the Netherlands. The Coinbase card is to simplify payments for all products to put the crypto on a par …


Portuguese Soccer Giants Benfica Link with Utrust for Crypto Ticket Sales

Portuguese Soccer Giants Benfica Link with Utrust for Crypto Ticket Sales

Soccer continues to be the new testing ground for crypto-related businesses and alternative payment systems as Portuguese giant Benfica plans to make crypto ticketing available. Benfica FC plays in the Primeira Liga, the top flight of the Portuguese football league system, where they are the current champions and the most successful club in terms of titles won. The famous club …


Swiss Think Tank Urges National Bank to Create State Crypto

Swiss Think Tank Urges National Bank to Create State Crypto

Prominent Swiss think tank Avenir Suisse (Swiss Future) has urged the Swiss National Bank (SNB) to start working on a national cryptocurrency in its most recent report, ‘Blockchain After the Hype’. The report suggests that the issue of an SNB franc token be issued as part of the pro crypto alpine nation’s blockchain push to simplify and expand global market …


Big Brother Creator Suing Facebook over Fake Crypto Ads

Big Brother Creator Suing Facebook over Fake Crypto Ads (1)

John de Mol, Dutch billionaire and creator of the much-franchised reality show Big Brother, is to sue media giant Facebook for allowing fake ads on its platform to promote fraudulent Bitcoin-related businesses claiming that they had entrepreneur’s backing. De Mol, whose image was also used in some of the advertising, claims that he was not alone in being targeted in …


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