Tagged: EU

September 24, 2024 @ 9:44 am By JD Alois  |  

SeedBlink, a European securities crowdfunding platform, has launched a new service called Raise Hub. According to a note from the firm, Raise Hub is designed to streamline the process for European startups on their funding journey. Raise Hub provides information on various financing options, access… Read More

September 23, 2024 @ 10:58 am By JD Alois  |  

Switzerland-based digital asset bank Sygnum has received approval to operate under the Token and Trusted Technology Service Provider license from Liechtenstein’s financial services regulator, the Financial and Markets Authority (FMA). The license positions the bank to operate under the European Markets in Crypto-Assets (MiCA) regulations…. Read More

September 19, 2024 @ 11:28 am By JD Alois  |  

Last week at the Digital Commonwealth’s Mansion House Summit Series, Tom Kiddle, co-founder of Palisade – a digital asset custody firm, spoke about his opinion on MiCA. Palisade is a regulated firm based in France. The European Union has approved MiCA, or Markets in Crypto Assets regulation. MiCA aims… Read More

September 16, 2024 @ 9:24 am By JD Alois  |  

The DLT Science Foundation (DSF) is launching the MiCA Crypto Alliance, which is backed by Hedera, Ripple, and the Aptos Foundation. MiCA or Markets in Crypto Assets regulation is a relatively new law approved by the European Union. It aims to create a regulated space… Read More

September 12, 2024 @ 8:54 am By JD Alois  |  

Technology has opened the door to a new world of assets in which individuals may invest. This can help investors to diversify and participate in non-correlated asset classes. The WatchFund is an interesting example of the new landscape and today it is announcing €2 Million… Read More

September 12, 2024 @ 8:32 am By JD Alois  |  

The European Central Bank (ECB) has decided to cut benchmark rates by 25 basis points. The ECB reaffirmed its expectations on inflation stating headline that inflation will average 2.5% in 2024, 2.2% in 2025 and 1.9% in 2026. Core inflation is anticipated  to decline from 2.9%… Read More

September 11, 2024 @ 10:34 am By JD Alois  |  

Deverium has received €2 million in funding from the EU to pursue a digital identity service. Deverium is partnering with Corner Case Technologies on the project to create a reusable digital identity platform that targets international identity verification challenges. According to the company, the product… Read More

September 5, 2024 @ 10:48 am By JD Alois  |  

In September 2023, Mario Draghi, previously the head of the European Central Bank (ECB), was asked by Ursula von der Leyen, the President of the Commission, to devise a plan to boost economic growth and competitiveness in the European Union. Yesterday, Draghi delivered an address to the European Parliament that… Read More

August 27, 2024 @ 1:02 pm By JD Alois  |  

Sygnum Bank is a digital asset-focused financial institution that is based and regulated in Switzerland, supervised by the Swiss Market Financial Authority (FINMA). The company also holds a CMS [Capital Market Services license issued by the Monetary Authority of Singapore (MAS). Both of these jurisdictions… Read More

August 7, 2024 @ 3:26 pm By JD Alois  |  

Digital asset firm Bitstamp will partner with Stripe to enable a fiat-to-crypto onramp in the European Union. The collaboration will see the Stripe onramp, a customizable widget powered by Bitstamp. The goal is to simplify the process so developers can incorporate the feature with little… Read More

August 6, 2024 @ 7:07 am By Omar Faridi  |  

In the world of fintech and accounting, some partnerships are built on shared vision and innovation. That’s the case with VEDA, a firm focused on tech accounting, and the innovative spend management platform at Payhawk. It started with a chance meeting. Danny from VEDA Accounting… Read More

August 5, 2024 @ 8:25 am By Omar Faridi  |  

The European Central Bank (ECB) and the European Banking Authority (EBA) have recently released a joint report on payment fraud. The report assesses payment fraud data reported semi-annually by payment service providers across the European Economic Area (EEA) for a variety of payment instruments, such… Read More

August 4, 2024 @ 11:58 pm By Omar Faridi  |  

Nexi, the European PayTech, has reportedly signed an agreement with Payac Services CLG, a credit union owned payment services provider, to deliver SEPA Instant payments to all participating credit unions in the Republic of Ireland. As a result of this partnership, 176 credit unions of… Read More

August 4, 2024 @ 10:29 pm By Omar Faridi  |  

PeerBerry investors funded €48.5 million in loans last month (about 1.6% more than in June) as the loan supply on the platform was slightly higher in July compared to June. In July, PeerBerry investors reportedly received €963,700 in interest. PeerBerry’s outstanding portfolio “grew to €114.36… Read More

August 2, 2024 @ 12:20 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) says National Competent Authorities (NCAs) – or member state regulators – must remain vigilant in regard to crypto markets as MiCA goes into force. The “Opinion” posted by ESMA states that “in order for MiCA to deliver on… Read More

August 1, 2024 @ 11:35 am By JD Alois  |  

The European Artificial Intelligence Act  (EU AI Act) goes into force today. The EU legislation aims to regulate services that leverage AI. The goal is to enable the development of the technology while protecting consumers and businesses. The legal framework applies to both public and… Read More

July 26, 2024 @ 9:39 am By Omar Faridi  |  

My EU Pay, the financial institution that offers frictionless payments and FX to businesses, has partnered with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to provide a range of banking services for their clients. My EU Pay will use ClearBank’s… Read More

July 25, 2024 @ 9:59 am By JD Alois  |  

Described as a “landmark” event, the European Union (EU) and Singapore have inked a Digital Trade Agreement (DTA). The EU states that the goal is to emerge as a global standard setter for digital trade rules. The DTA is said to complement the existing 2019… Read More

July 20, 2024 @ 9:28 am By Omar Faridi  |  

Following its entrance in other European Union countries, Mintos, the investment platform providing a range of alternative and traditional investment options, is now focused on continuing its European launch by making its entry in the Czech Republic investment ecosystem. Since its inception back in 2015,… Read More

July 16, 2024 @ 8:30 pm By JD Alois  |  

  On June 30, 2024, the Markets in Crypto-Assets (MiCA) regime went into effect in the EU. MiCA regulates non-security digital assets, including stablecoins. The EU legislation aims to create an environment where digital asset innovation may take place while providing a compliant ecosystem to… Read More