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Europe
Digital Bank Revolut Gets Approval to Offer Crypto Services Throughout Europe
The authorization will let the firm, which was valued at $33 billion in a recent funding round, offer crypto services to its 17 million customers in the European Economic Area.
EU Official Says Europe’s MiCA Bill Would Prevent Collapses Like Terra's
Peter Kerstens said the rules would require stablecoins to be fully collateralized and redeemable upon request.
Here's Why Portuguese Banks Are Closing Crypto Exchange Accounts
At least three exchanges have had their accounts shut despite obtaining regulatory approval to operate in the country. The reason? The banks' fear of potential money laundering.
Major Banks Urge Caution With European Union's CBDC Plans
The European Commission should evaluate the impact of issuing a digital euro, the Institute of International Finance said.
CoinShares' Losses From Terra's Slide Hit $21.4M
Liquidating the digital asset firm's position was a "humbling lesson," the CEO said.
Portugal Makes U-Turn on Cryptocurrency Tax
Reversing its previous hands-off stance, the nation will impose taxes on the exchange and sale of cryptocurrencies.
Grayscale Investments to List Its First ETF in Europe
The Grayscale Future of Finance exchange-traded fund will list on the London Stock Exchange, Deutsche Börse and Borsa Italiana.
Global Financial Stability Watchdog FSB Says It Could Write Crypto Rulebook
The Financial Stability Board joins tax and money-laundering bodies in responding to calls for coordinated international action to regulate the industry.
Bitstamp Appoints JB Graftieaux as CEO After Julian Sawyer's Departure
Graftieaux previously served as the company's compliance officer and Europe CEO.
