Persistent Illegal Crypto Advertising Challenges UK Regulatory Efforts
Despite intensified efforts by the UK’s Financial Conduct Authority (FCA) to regulate the digital asset space, illegal cryptocurrency advertisements continue to pervade the United Kingdom. The Financial Times reported that…
Push to Include Bitcoin in Swiss National Bank’s Reserves Gains Momentum
On the last day of December, the Swiss Federal Chancellery began processing a significant proposal that, if successful, could integrate Bitcoin into the Swiss National Bank‘s (SNB) strategic reserves. This…
UK Antitrust Watchdog Investigates IBM’s HashiCorp Acquisition
The UK’s Competition and Markets Authority (CMA) has launched a formal review of IBM’s proposed $6.4 billion acquisition of cloud software provider HashiCorp. The investigation aims to assess whether the…
MoonPay Gains Regulatory Approval Under EU’s MiCA Legislation in the Netherlands
MoonPay, a prominent player in the cryptocurrency payment sector, announced that it has received official licensing to operate as a regulated crypto business in the Netherlands. This approval aligns with…
Seoul Semiconductor Wins German Court Case Against Signify
A German court has mandated the recall and destruction of certain products from Signify, a Netherlands-based lighting manufacturer, for infringing patents held by South Korea’s Seoul Semiconductor. The ruling, announced…
Every Portable Device in the EU Now Requires USB-C Ports
The European Union has officially made USB-C the standard for charging and data transfer on small and medium-sized portable devices. Starting now, any new smartphones, tablets, headphones, gaming consoles, and…
Russia Explores Using Bitcoin for International Trade, Finance Minister Reveals
In a recent interview with the state-owned news channel Russia-24 on December 25, Russian Finance Minister Anton Siluanov provided insights into Russia’s active experimentation with digital financial assets (DFAs) for…
Chinese Expertise Powers Europe’s EV Battery Future as Northvolt Stumbles
Europe’s ambition to establish a robust electric vehicle (EV) battery industry remains alive, though increasingly tied to Chinese partnerships. Following the financial downfall of Swedish startup Northvolt, European battery initiatives…
Nokia Seeks Patent for Encryption Device and Software for Digital Assets
Finnish telecommunications giant Nokia has officially applied for a patent related to digital asset encryption, signaling a new direction in their technological advancements. This application, submitted to the China National…
Russia Implements a Six-Year Ban on Crypto Mining Across 10 Regions
The Russian government has officially sanctioned a six-year prohibition on cryptocurrency mining in 10 specific regions, slated to commence on January 1, 2025. This decision, as reported by the local…
Deutsche Bank Develops Layer-2 Blockchain on Ethereum
Deutsche Bank, Germany’s most prominent financial institution, is reportedly advancing its blockchain initiatives by developing a layer-2 (L2) blockchain solution on Ethereum, employing ZKsync technology. This development is designed to…
Compliance-Driven Stablecoins Lead European Cryptocurrency Market
As Europe’s regulatory environment evolves, compliant stablecoins have begun to dominate the cryptocurrency market, marking a significant shift in digital asset usage across the region. A joint report by research…
EU Opens Investigation into TikTok Over Election Risks in Romania
The European Union has launched a formal investigation into TikTok‘s handling of election security risks, with a focus on Romania’s recent presidential election. Announced on Tuesday, the probe marks TikTok’s…
Meta Fined $263 Million Over 2018 Facebook Data Breach in the EU
Meta has been fined €251 million ($263 million) by Ireland’s Data Protection Commission (DPC) for a 2018 Facebook security breach that exposed the personal data of nearly three million users…
European Exchanges Maintain Tether USDT Trading Despite Coinbase’s Delisting
Despite the recent delisting of Tether’s USDT stablecoin by Coinbase for its European customers, several major cryptocurrency exchanges across Europe are continuing to support USDT. This decision comes as the…
Bybit to Cease Crypto Services for French Users by January 2025
Bybit, a prominent global cryptocurrency exchange, has announced it will discontinue withdrawal and custody services for its French users effective January 8, 2025, at 8:00 AM UTC. This decision arises…
European MP Advocates for EU Bitcoin Reserve, Rejects CBDC
European lawmaker Sarah Knafo, a French magistrate and member of the European Parliament since June, has made a strong case for the European Union to prioritize establishing a strategic Bitcoin…
EU Begins Work on IRIS² Satellite Network for Secure Connectivity
The European Union has officially signed off on IRIS², a €10.6 billion ($11 billion) satellite network designed to rival SpaceX’s Starlink. Comprising 290 satellites across low- and medium-earth orbits, IRIS²…
FCA Unveils Discussion Paper on Enhancing Crypto Market Transparency and Combating Abuse
The Financial Conduct Authority (FCA) of the United Kingdom has signaled that comprehensive crypto asset regulation could be established by 2026. As part of these efforts, the FCA has recently…
Apple’s New Feature Will Let Airlines Track Lost Luggage Using AirTag Locations
United Airlines, Air Canada, and Aer Lingus now offer travelers a new way to track lost luggage with Apple AirTags. By using Apple’s “Share Item Location” feature, available on devices…