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Europe: Crypto and Blockchain News Roundup 9th to 15th February 2019

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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. European Union EU Parliament Member Praises EU Stance on Crypto: A member of the EU Parliament has spoken in favour of the EU’s stance on cryptocurrencies. Eva Kaili, a member of …


Istanbul Cryptocurrency Firm Loses $2.47 Million, Hackers In Custody

An undisclosed cryptocurrency exchange in Istanbul, Turkey was hacked this week of a reported USD 2.47 million. The company was attacked by a group which has now been detained by Turkish authorities after a nationwide investigation across 8 provinces, and so far has only recovered USD 256,000 of the stolen funds. The exchange alerted the authorities at the time, reporting …


Blockchain Framework Bill Passed by Luxembourg Parliament

Bill 7363 has been passed into law by lawmakers in Luxembourg. The said bill will facilitate the utilization of blockchain technology in financial services, according to the office of the parliament in a report published on 14 February 2019. In regard to the circulation of securities using blockchain technology, more legal certainty and transparency will be provided to financial market participants, notes the …


Miners Concerned Over Russia’s Planned Internet Shutdown Test

There are growing concerns is Russia’s cryptocurrency community that the cyberwar internet shutdown tests scheduled to take place before 1 April could impact Bitcoin mining. The Digital Economy National Program, a new law recently drafted, will require Russian ISPs to be able to operate if the country is isolated online and as such the government is planning to monitor its effectiveness …


EU Parliament Member Praises Euro Stance on Blockchain, Digital Assets

EU Parliament Member Praises Euro Stance on Blockchain, Digital Assets

Eva Kaili, a member of the European Parliament, the body which exercises the legislative function of the EU, has been speaking out about cryptocurrency and the progressive stance of EU member states towards it. Speaking at a Ripple event in London recently, Kaili, a former television news presenter who represents the Panhellenic Socialist Movement, was telling her audience how blockchain …


Europe: Crypto and Blockchain News Roundup 2-8 February 2019

Europe

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. United Kingdom FCA Gives Go Ahead to London Firm for Contracts For Difference: United Kingdom’s Financial Conduct Authority (FCA) has given go-ahead to B2C2 OTC Ltd, a London based firm, to …


HSBC Whistleblower Is Developing His Own Cryptocurrency

HSBC Whistleblower Is Developing His Own Cryptocurrency

Hervé Falciani, the French-Italian whistleblower who helped track down tax evaders with 130,00 Swiss bank accounts in the 2008 Valencia Polytechnic University crash, is to launch a new cryptocurrency. Falciani became renowned as the HSBC ex-employee turned whistleblower who provided several European countries classified information on thousands of Swiss bank clients who were evading taxes, most of which were managed …


Credit Suisse Successfully Tests Blockchain for Cross-Border Payments

Credit Suisse Successfully Tests Blockchain for Cross-Border Payments

Swiss multinational investment bank and financial service company Credit Suisse confirmed today that its asset management arm which manages over USD 400 billion has successfully tested a blockchain-based cross-border transaction, as reported by Reuters. According to the post, parties involved in the test — Portugal’s online bank Banco Best and Luxembourg-based order-routing platform Fundsquare — confirmed that a blockchain-based platform was used …


If Institutions Could Change the Crypto Market Narrative, What’s Keeping Them?

If Institutions Could Change the Crypto Market Narrative, What’s Keeping Them_ (1)

Last year saw lots of interest from institutions, who were a part of a hype-drive that supposedly should have ushered Bitcoin and the altcoins out of a prolonged bear market in 2019. Suddenly, the prospects for institutional investments in the cryptocurrency markets have far more long-reaching effects than the actual application of the blockchain technology itself. It suggested that investors were …


Ledger: Market Still Here for Hardware Wallets

Ledger_ Market Still Here for Hardware Wallets

Eric Larchevêque, CEO of French hardware wallet manufacturer Ledger, has said that he is optimistic for the future of the cryptocurrency industry, as he prepares for “a whole new generation of consumers”. However, Larchevêque claims that education is still an area of concern when it comes to storage of cryptocurrencies, and many users fall short of protecting their funds adequately. …


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