Tag: Europe

At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu. The small Nordic country of Norway may not be particularly notable on the global crypto map. With its 22 blockchain solution providers, the nation doesn’t stand out even at the…

On May 7, the European Commission (EC), or, more precisely, its division called the Directorate-General for Financial Stability, Financial Services and Capital Markets Union, published a fascinating document called European Financial Stability and Integration Review 2022. Two-thirds of it was dedicated to DeFi, and having examined it, the author of these lines got the impression…

We looked at two landmark documents pertaining to cryptocurrency legalization in Europe: the EU Markets in Crypto-Assets regulation (MiCA) and a similar paper from the central bank of Great Britain. These massive and extremely substantive pieces consist of hundreds of pages outlining the European vision of cryptocurrencies’ role and place in the modern world and…

We looked at two landmark documents pertaining to cryptocurrency legalization in Europe: the EU Markets in Crypto-Assets regulation (MiCA) and a similar paper from the central bank of Great Britain. These massive and extremely substantive pieces consist of hundreds of pages outlining the European vision of cryptocurrencies’ role and place in the modern world and…

According to a Chainalysis report, Central, Northern, and Western Europe (CNWE) have become the world’s biggest crypto economy. Over the last year, the region has received over $1 trillion worth of cryptocurrency, reaching 25% of all global activity. The tremendous growth that started in July 2020 pushed Europe from second to first place since last…

Europe is about to take a major step towards “Sinification” by introducing total control over the cryptocurrency operations of its citizens. European regulators decided that they had found a way of denying anonymity to any cryptocurrency dealings. Ever since the first real crypto boom in 2017, European financial regulators have taken an ambivalent position regarding…