Search Results for: euro area

Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies

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On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (MiCA). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their…

ECB Board Member Warns EU’s New Crypto Rules Not Sufficient

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A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) arve “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar…

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

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Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. Samal ajal, the cycle with the highest hikes may soon be over, the officials indicated. End of…

80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says

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Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Kanada, European Union countries, Singapur, the U.K., ja…

Meta Winding Down Support for NFTs on Facebook, Instagram

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USA. tech giant Meta is giving up on operations with non-fungible tokens (NFT-d) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support…

Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils

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The two sides in the bitter conflict in Ukraine have been relying on crypto assets and technology to support their military and humanitarian activities, Elliptic says in a report. According to the blockchain forensics company, the targeted nation has attracted more…

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

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On jaan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. Aruande kohaselt, 2023 growth forecasts have been cut across the board, koos…

Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia

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Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal…

Vene miljardär ja krüptoärimees hukkus Prantsusmaal helikopteriõnnetuses

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Vene rahastaja ja krüptoraha ettevõtja Vjatšeslav Taran hukkus Prantsusmaa territooriumil toimunud helikopteriõnnetuses. Õnnetus tähistab viimast krüptojuhtide surmajuhtumite seeriat ja lisab uue nime nende Venemaa miljardäride nimekirja, kes…

Venemaa ja Türgi teevad koostööd kuritegevusega seotud krüptotehingute vastu võitlemisel

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Venemaa ja Türgi õiguskaitse- ja õigusasutused ühendavad jõud küberkuritegevuse vastases võitluses, sealhulgas krüptovaluutade kasutamine ebaseaduslikel eesmärkidel. Koostöös lepiti kokku Venemaa peaprokuröri visiidil Ankarasse. Venemaa,…