Tagged: EU

February 16, 2023 @ 2:08 pm By JD Alois  |  

Wefunder, the top US platform for firms raising capital using Reg CF, has kicked off its European expansion with 12 securities offerings. As was reported last month, Wefunder was approved Wefunder was approved in the Netherlands to issue Securites under the new EU rules. ECSPRECSPR or European… Read More

February 16, 2023 @ 6:47 am By Omar Faridi  |  

The Bank of London, the next-generation technology company and the world’s first purpose-built global clearing, agency, and transaction bank, is delighted to announce “the appointment of Norbert Becker as Chair of the European Union (EU) region for the firm.” In addition to his role as… Read More

February 13, 2023 @ 12:28 pm By Omar Faridi  |  

The new digital identity framework would provide EU citizens “with digital access to key public services across EU borders,” according to Members of European Parliament (MEPs). The Industry, Research and Energy Committee adopted its position “on the proposed update of the European digital identity framework… Read More

February 8, 2023 @ 10:32 am By JD Alois  |  

LCX says it will become the first company in the crypto industry to issue a tokenized bond that generates a fixed yield for investors. The blockchain-powered “EURt7 tokenized bond” has been approved by the securities regulator in Liechtenstein and is thus available across all EU… Read More

February 4, 2023 @ 10:14 am By Omar Faridi  |  

Finnish Fintech company Membrane Finance has launched EUROe – Europe’s “first” and “only” EU-regulated full-reserve stablecoin and payment network. EUROe transforms “a fiat Euro into a 1:1 pegged digital currency transactable on Ethereum, with planned support for an increasing number of blockchains.” One EUROe is… Read More

January 31, 2023 @ 9:25 am By JD Alois  |  

Stellar blockchain proponents Tempo France and Armenotech have announced a partnership on payments and remittances, according to a note from the firms. Tempo France is an international money transfer system that recently utilized Stellar to power transfers in Europe and the Asia Pacific region. Tempo… Read More

January 28, 2023 @ 10:17 am By Omar Faridi  |  

Solvo Finance, an EU-based cryptocurrency startup, has announced that their forthcoming crypto investing app will integrate Fireblocks, an easy-to-use platform “to create new blockchain-based products and manage day-to-day digital asset operations.” With the support of Fireblocks’ battle-tested technology, Solvo will be able “to provide world-class… Read More

January 24, 2023 @ 11:47 am By JD Alois  |  

Wefunder, one of the largest securities crowdfunding platforms in the US, has received regulatory approval to operate in the European Union. Wefunder is the first Funding Portal to cross the Atlantic and gain approval to provide online capital formation services. Wefunder has been sharing its… Read More

January 19, 2023 @ 9:29 am By JD Alois  |  

October, a European marketplace lending platform providing access to capital for SMEs, has received a €35 million commitment from the European Investment Fund (EIF) and Netherlands-based Invest-NL. The capital is split between the two entities with the EIF providing €20 million and Invest-NL the rest… Read More

January 16, 2023 @ 9:27 am By Omar Faridi  |  

The money transfer system Tempo France has a “positive outlook” for the dynamics of the remittances corridor between the EU and Ukraine in 2023. The company stated that the segment “would see a 5 percent shrink in annual terms in Q1 2023.” But the remittances… Read More

December 28, 2022 @ 8:39 am By Omar Faridi  |  

Blockforia.com, a Bulgarian cryptocurrency exchange, is announcing the go-live of its platform  as 2022 comes to an end. The company reports that it will first begin “accepting customers in selected EU jurisdictions, while further expansion is expected to continue in 2023.” Whilst expanding its global… Read More

December 19, 2022 @ 8:01 pm By Omar Faridi  |  

Cerved, the Italian platform focused on credit risk analysis and management, has signed a strategic partnership with Greenomy, the ESG Market Infrastructure, “to deliver a new service on the Italian market designed to help businesses comply with new EU Sustainable Finance regulations (EU Taxonomy, CSRD,… Read More

December 15, 2022 @ 11:08 am By JD Alois  |  

The European Central Bank (ECB) announced an interest rate increase of 50 basis points today on three key rates following similar decions by the Bank of England and the US Federal Reserve. The goal is to halt persistent inflation, which is decimating economies around the… Read More

December 7, 2022 @ 9:37 am By JD Alois  |  

As part of the ongoing objective of a Capital Markets Union, the European Union has announced new proposals aimed at making it easier for firms to list securities across the EU. According to a statement by the EU: Today’s proposed measures will: Make our clearing… Read More

December 5, 2022 @ 8:46 am By Omar Faridi  |  

The Euro Banking Association (EBA) released a report on “the use of real-time data in corporate liquidity management based on research by the EBA.” The objective of this paper is “to provide insight into how some companies already use real-time data in the liquidity management… Read More

November 26, 2022 @ 5:14 pm By Omar Faridi  |  

The partnership between the banking platform, Temenos (SIX: TEMN), and Greenomy’s, EU Taxonomy alignment SaaS solution, “expedites fully automated non-financial reporting and monitoring of the alignment of the bank’s assets in their banking book against their sustainability objectives.” The implementation of EU Taxonomy (EUTax), the… Read More

November 10, 2022 @ 2:17 pm By JD Alois  |  

Ten years ago, a group of proponents published a document that outlined “A Framework for European Crowdfunding.” The document was widely distributed as individuals interested in online capital formation shared the framework, looking to garner support among policymakers to enable securities crowdfunding. The main authors… Read More

November 7, 2022 @ 7:49 am By JD Alois  |  

SeedBlink has been approved to provide investment crowdfunding across all EU member states. SeedBlink joins a handful of other platforms able to sell securities under ECSPR (European Crowdfunding Services Providers Regulation). SeedBlink noted that it is the first CEE country to be authorized under the… Read More

November 4, 2022 @ 10:33 am By Omar Faridi  |  

Sustainability and climate protection are “central challenges” of our time. Therefore, the EU is successively “obliging companies, credit institutions and other financial service providers to make the sustainability of their economic activities measurable within the framework of the EU Taxonomy Regulation.” The aim is “to… Read More

November 1, 2022 @ 7:44 am By Omar Faridi  |  

Gillian Lynch, Head of Ireland and EU operations at Gemini, notes that the digital asset firm is pleased “to announce that individuals and institutions in Denmark, Sweden, Portugal, Czechia, Latvia, and Liechtenstein can now open a Gemini account to deposit, trade, and custody over 100 cryptocurrencies.”… Read More