European

Regulators at the Ready

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Time Stamp: December 16, 2022 2:31 PM - Modified On: December 16, 2022 - Published By:
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Republished By Plato

Just as bull markets have narratives, so do bear markets, and the overriding narrative of this year has been regulation. Time and again the media has conflated a lack of regulation in crypto with the failures we’ve seen. It’s easy for people to conclude that as soon as regulation comes to crypto, investors will have confidence and flood back into the market. If that was true you would expect to see the stock market flooded with liquidity, but tech stocks are experiencing similar conditions to crypto. Not only is there

Is the Future Digital?

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Time Stamp: December 8, 2022 4:16 AM - Modified On: December 8, 2022 - Published By:
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These days you can’t scroll through YouTube without encountering videos foretelling the end of crypto and the collapse of the global financial system. The clickbait culture that invaded traditional journalism has now spread to citizen journalism too, but how realistic are all of these dramatic claims? Fear, uncertainty, and doubt (FUD) pervade the mainstream media. So much so that even people with little knowledge of the technology claim it’s all going to zero. If you’re looking for bottom signals this is the equivalent of everyone FOMOing in at the top.

Passport of the Future

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Time Stamp: November 18, 2022 4:21 AM - Modified On: November 18, 2022 - Published By:
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A few years ago if you were to talk about governments being able to control your money and impose travel restrictions on their citizens most people would roll their eyes and ask where your tin foil hat was. These days however the dystopian future dreamt of by science fiction authors is rapidly becoming a reality. When it comes to dystopian visions of society and governmental overreach, most people’s first thoughts turn to China. Although they may be ahead of the curve at the moment, their path to a digital future

GenTwo partners with Apex Group’s EDB for global banking and paying agency solutions

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Time Stamp: November 11, 2022 7:02 AM - Modified On: November 11, 2022 - Published By:
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PRESS RELEASE Luxembourg and Zurich, November 9, 2022 — European Depositary Bank (“EDB”), the Luxembourg- based provider of banking, paying agency, depositary and custody solutions, and innovative securitization specialist GenTwo, announce their partnership to provide GenTwo with paying agent and banking services for third party investors globally. Zurich-based GenTwo creates securitization platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to easily invest in bankable and previously non-bankable assets. Institutional investors can use GenTwo’s securitization solution to realize their own product and business innovations, to

ING spins out Pyctor digital assets technology to GMEX Group

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Time Stamp: July 11, 2022 3:59 PM - Modified On: July 11, 2022 - Published By:
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Leading fintech provides regulatory compliant digital assets network & custody technologyStrengthens GMEX’s MultiHub platform, integrating traditional and decentralized finance London and Amsterdam, 11 July 2022 - ING announced today that it has spun out Pyctor to GMEX Group (‘GMEX’), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure. Pyctor’s digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between

Crypto Valley Roundup – Fall 2021

Source Node: https://beincrypto.com/crypto-valley-roundup-fall-2021/
Time Stamp: November 15, 2021 3:31 PM - Modified On: November 15, 2021 - Published By:
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The Crypto Valley is known to be one of the most “crypto-friendly” regions in the world. But what specifically is happening within the Blockchain ecosystem? The “Crypto Valley Roundup” aims to provide insight and highlights from selected events every two months.Sponsored Sponsored With the first Blockchain companies settling in the area of Zug from 2013 onwards, the term “Crypto Valley” was soon born in reference to the “Silicon Valley”. Thanks to politics and regulation, Switzerland was able to create the necessary legal certainty for a flourishing ecosystem around Blockchain and

French AMF Slaps €300K Fine on Polish Broker XTB

Source Node: https://www.financemagnates.com/forex/regulation/french-amf-slaps-e300k-fine-on-polish-broker-xtb/
Time Stamp: November 10, 2021 7:24 AM - Modified On: November 10, 2021 - Published By:
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The Sanctions Commission of the French financial markets regulator, the Autorite des Marches Financiers (AMF), has issued a warning against X-Trade Brokers (XTB) and also imposed a penalty of EUR 300,000 on the broker for breaches of its professional obligations in France.XTB is a Poland-headquartered broker and operates in France by passporting its Polish license. According to the regulator’s announcement, the breaches were made under the activity of XTB’s French branch between November 2013 and February 2020.Major BreachesThe Commission penalized the broker for three major breaches: shortcomings in service promotion,

Regulated Bitcoin Futures In LatAm: Argentina Considers Proposal

Source Node: https://bitcoinist.com/regulated-bitcoin-futures-in-latam-argetina-considers-proposal/?utm_source=rss&utm_medium=rss&utm_campaign=regulated-bitcoin-futures-in-latam-argetina-considers-proposal
Time Stamp: November 1, 2021 5:04 PM - Modified On: November 1, 2021 - Published By:
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A petition to launch regulated Bitcoin futures and options in Argentine pesos has been submitted by Matba Rofex, Argentina’s largest futures market, to the National Securities Commission (CNV). Matba Rofex is the most prominent market for futures and options in Argentina. They currently have a BTC MtR index expressed in Argentinian Pesos (ARS) calculated every 1 minute.  They have also shown interest in the direct investments of crypto-assets and startups. This petition was just disclosed to the public by the members of Matba Rofex, but the deputy general manager of

Sports NFTs Are Hot Property: How Blockchain Technology Gives Fans New Ways To Connect With Their Favourite Sport

Source Node: https://bitcoinist.com/sports-nfts-are-hot-property-how-blockchain-technology-gives-fans-new-ways-to-connect-with-their-favourite-sport/?utm_source=rss&utm_medium=rss&utm_campaign=sports-nfts-are-hot-property-how-blockchain-technology-gives-fans-new-ways-to-connect-with-their-favourite-sport
Time Stamp: September 30, 2021 4:59 AM - Modified On: September 30, 2021 - Published By:
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It’s an exciting time to be a football fan. The sport is embracing new technology that is enabling fans to show their love for the beautiful game in totally new ways. But even as the digital collectible market expands, the crypto community can still offer fantastic physical prizes. Are NFTs the future of football fandom? The big finance firms seem to think so. SoftBank Vision Fund, LionTree, Bessemer Ventures, IVP, Hillhouse and Atomico were all lead investors in Sorare, a European fantasy football platform that offers digital collectibles in the

Revolut to Reportedly Launch Own Cryptocurrency Token

Source Node: https://cryptopotato.com/revolut-to-reportedly-launch-own-cryptocurrency-token/
Time Stamp: September 28, 2021 8:03 AM - Modified On: September 28, 2021 - Published By:
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According to a recent report, Revolut seeks approval from UK’s securities regulator to launch its exchange token. Should the initiative be greenlighted, it will start from Europe and other non-US-based locations. Citing people familiar with the matter, CoinDesk reported earlier that Revolut – a leading fintech firm – wants to release its cryptocurrency token. One of the sources indicated that users would be able to utilize the coin similarly to Wirex and Nexo. However, such a development would be possible only if the initiative received regulatory approval from the UK