Archives for: August 19th, 2022

Wirex adds SEPA for simplified transactions in Europe

Written by: ( August 19, 2022 )

The Crypto platform Wirex is working to include SEPA (Single European Payments Area) Instant Payments and Faster Payments. This will make it easier for users in the UK and the European Economic Area (EEA) to transfer pounds or euros between their Wirex accounts and bank accounts. Wirex has partnered with Modulr, a digital payment infrastructure […]

ECB president urges regulation of cryptocurrency staking

Written by: ( June 22, 2022 )

The president of the European Central Bank (ECB), Christine Lagarde, called for the regulation of the cryptocurrency staking and lending sector. She made her case for the inclusion of staking and lending services in the second cryptocurrency market regulation package. According to Lagarde, passive income services in the cryptocurrency market require special attention from regulators […]

Europe is getting a new cryptocurrency exchange-traded fund

Written by: ( May 16, 2022 )

Grayscale, a cryptocurrency investment firm, is expanding its operations by launching an exchange-traded fund (ETF) in Europe. The company announced the launch of its first European ETF, Grayscale Future of Finance ETF UCITS, today, with plans to start trading tomorrow. This new investment product will be listed on major European stock exchanges, including the London […]

Europe has the largest cryptocurrency market, but it isn’t led by Bitcoin

Written by: ( October 1, 2021 )

The universe of cryptocurrency is refocusing in 2021, following a few unpredictable years. Currently, the value of the worldwide digital currency market has surpassed $2.07 trillion, as indicated by CoinGecko, which tracks in excess of 8,800 coins. According to other information by Chainalysis, Europe is the world’s biggest cryptocurrency market, with interest in Decentralized Finance […]

BBVA launches cryptocurrency investment support for non-accredited individuals

Written by: ( September 6, 2021 )

Last week, BBVA Switzerland introduced New Gen, a digital investment account that is open for both stocks and cryptocurrency. Most banks that have entered the cryptocurrency space will, in general, target high-net-worth individuals or licensed financial backers; however, BBVA is going a different route. New Gen has a somewhat low bar, accepting the Swiss franc […]

Kraken cryptocurrency exchange plans expansion into Europe this year

Written by: ( August 25, 2021 )

US-based cryptocurrency exchange Kraken wants to officially expand its operations into Europe. The move comes after its biggest US rival, Coinbase, made a similar move earlier this year. Kraken co-founder and CEO Jesse Powell has announced that the company is actively seeking a European license, exploring several countries for potential approval. In an interview yesterday […]