カテゴリー: Europe

Investment Platform Etoro Launches in the US with 10 Cryptocurrencies

Investment Platform Etoro Launches in the US with 10 CryptocurrenciesSocial trading platform Etoro is expanding into the US. Pre-registration has already begun. Initially, 10 cryptocurrencies will be offered, but the company plans to add more throughout the year. The company’s crypto business has boomed in recent years, with 70% of its users reportedly trading cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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Telegram Rakes in Over $1.5 Billion, Ditches ICO for an Open Network & Token

Telegram Rakes in Over $1.5 Billion, Ditches ICO for an Open Network & TokenThe Wall Street Journal reported Telegram has raised $1.7 billion in anticipation of an initial coin offering (ICO). However, the company has instead decided to scrap its much publicized ICO in favor of beefing up its popular messaging service and expanding into tokenization. Also read: Microsociety Fort Galt in Chile Uses Bitcoin to Build Anew […]

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Germany Gets Its First Crypto Exchange for Whales

Germany Gets Its First Crypto Exchange for WhalesGermany’s VPE Wertpapierhandelsbank AG (VPE) has announced its institutional investor cryptocurrency trading services and claims them to be the first of their kind for the country. Armed with a Bundesanstalt für Finanzdienstleistungsaufsicht (Bafin) license, in expanding its brokerage offerings VPE purports to offer “best-in-class technology” to customers, “secure and regulated.” Also read: Facebook to Be […]

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Europe Introduces Customer Verification on Cryptocurrency Exchanges

Europe Introduces Customer Verification on Crypto ExchangesThe European Parliament has voted in favor of stricter regulations in the crypto sector. Crypto exchanges and wallet providers will be required to introduce customer due diligence procedures, including identity verification. The platforms will have to apply for registration in order to offer their services. The new measures come with the latest update of the […]

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P2P Trade Spikes in Canada Amid Bank Restrictions on Crypto Transactions

P2P Trade Spikes in Canada amid Bank Restrictions on Crypto TransactionsThe volume of P2P bitcoin trade in Canadian dollars has increased significantly since leading banks in the country imposed bans on crypto-related transactions. Toronto-Dominion Bank, the Royal Bank of Canada, and more recently the Bank of Montreal have limited or prohibited the use of their services and products to acquire cryptocurrencies. As a result, the […]

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Poles Protest Unfair Taxation of Crypto Incomes and Profits

Poles Protest Unfair Taxation of Crypto Incomes and ProfitsA decision by the Polish government to tax crypto transactions, even those that do not return profit, has provoked discontent among traders in the country. The local crypto community has decided to protest against the official stance of the Finance Ministry with an online petition which is gathering support. Taxes on crypto-related income in Poland […]

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Canadian and European Bitcoin P2P Markets Set Record Trading Volume

Canadian and European P2P Markets Set Record Trading VolumeLocalbitcoins trading volume has witnessed volume spikes across miscellaneous markets in recent weeks, with global volume bouncing to $75 million USD this past week. The Canadian and European markets both produced record volume this past week – after both markets produced seemingly anomalous spikes in trading activity. Also Read:Capitalization of Cryptocurrency Markets Loses 59% in […]

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New ESMA Measures Impose 2:1 Restriction on Leverage for Crypto CFDs

New ESMA Measures Impose 2:1 Restriction on Leverage for Crypto CFDsThe European Securities and Markets Authority (ESMA) has announced that it will impose restrictions on the leverage offered for contracts-for-difference (CFDs) and binary options offered to European retail investors. Under the new measures, the leverage offered on cryptocurrency CFDs will be limited to no more than 2:1. Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018  […]

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80,000 New Merchants in Europe Gain Option to Accept Crypto

Europe Gains 80,000 New Merchants Accepting CryptoVilnius-based Coingate, cryptocurrency payment gateway for European merchants, is teaming with Paris-based Prestashop, an open source ecommerce solution. The combination means more choices for cryptocurrency enthusiasts and might encourage an increase in adoption. Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK Coingate + Prestashop = 80,000 More Merchants Dmitrijus Borisenka, Coingate CEO, […]

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Malta Prime Minister Welcomes Binance to Its “Blockchain Island”

Malta Prime Minister Welcomes Binance to Its “Blockchain Island”The world’s largest cryptocurrency has found a new home on one of the world’s smallest island states. Prime Minister Joseph Muscat warmly welcomed the cryptocurrency platform and spoke of his desire for Malta to become “global trailblazers in the regulation of blockchain-based businesses and the jurisdiction of quality and choice for world class fintech companies”. […]

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