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Topic

Europe

A collection of 154 issues

JPMorgan launches blockchain payments in euros via JPM Coin

JPMorgan Bank has announced the introduction of blockchain payments in euros, which will be conducted through the company's native JPM Coin. As part of the project, the bank has introduced a transaction system for its corporate clients. The first transfer has already been made by the German company Siemens AG.

Coinbase CEO looks forward to election as hope for crypto industry

Coinbase crypto-exchange CEO Brian Armstrong gave an interview for The Wall Street Journal. He hopes the regulatory situation in the U.S. will change after the 2024 presidential election. Armstrong predicts a victory for the Republican candidate.

Paxful closes due to regulatory pressure

P2P trading platform Paxful has suspended operations indefinitely. The exact reason for the closure is unknown, but the company's CEO cited an unfavourable regulatory climate in the US and the departure of several key employees from the firm.

VISA will be able to issue cryptocurrencies in 40 more countries

Crypto payments platform Wirex has announced a long-term strategic partnership with Visa. They are expanding their operations in the UK and Asia-Pacific (APAC). Together, the companies will now be able to issue cryptocurrency-enabled debit and prepaid cards in more than 40 countries.

Meta shocked investors in a good way with its Q4 report

For the first time in a long time, Meta presented a good report. The giant's revenues fell by $1.5 billion, but exceeded analysts' expectations. CEO Mark Zuckerberg called 2023 the "Year of Efficiency". Meta announced a $40bn share buyback, with costs also projected to fall to the $89bn to

Chinese stocks are in unprecedented demand at the start of 2023

There are plenty of reasons for foreigners to return to the Chinese market. Fundamentals are creating positive expectations: the abolition of COVID-Zero, the opening of the borders and a recovery in business activity. In addition, rating agencies are expecting strong GDP growth this year.

UK central bank seeks new head of CBDC department

The UK Treasury has published a vacancy on Linkedin. The Treasury is looking for someone to head the CBDC department. According to the vacancy, the head will lead a team of around 20 people. The team will be looking at the potential of CBDC, finding ways to integrate it into

The ECB has issued a presentation on the digital euro

The European Central Bank has issued a fact sheet on the implementation of the digital euro. "The Eurogroup believes that the implementation of the digital euro, as well as the choice of its design and basic functions, require political decisions. These must be discussed and approved at a political level,

CryptoCom Canada delist USDT

CryptoCom will exclude USDT, the most important Stablecoin in the crypto ecosystem, from its Canadian platform. This is ostensibly to comply with the country's regulations. The news came to light thanks to Reddit and Twitter users. They reported that they received an email from Cryptocom. According to the statement, users

Banking sector

90% of companies providing accounting services provide gray services. From paper VAT to cashless receipts