Tagged: european union

Identity Verification Provider ID-Pal Introduces Services in the UK

Digital ID Identity Identification iPhone

ID-Pal, the identity verification provider, recently revealed that it is entering the UK market after six years of steady growth across Ireland, the US and the European Union. This move has reportedly been planned due to increasing levels of identity fraud and the growing complexity… Read More

Financement Participatif France and Bundesverband Crowdfunding Ask the European Commission to Extend Deadline for European Crowdfunding Transition

Time Late Delay Statue

The two largest national securities crowdfunding associations in Europe, Financement Participatif France (FPF) and Bundesverband Crowdfunding e.V. (Germany) have issued a joint statement requesting that the European Commission extends the deadline for the transition to pan-European crowdfunding rules. The request for an extension has been… Read More

PayPal Prodded the EU to Go After Apple Pay: Report

Apple Store 5th Avenue New York City

PayPal (NASDAQ:PYPL) is at least one of the firms that called up the European Commission to complain about Apple (NASDAQ:AAPL) and its Apple Pay offering pushing the competition ministry to pursue possible anti-trust violations, according to a report in Bloomberg. This is not the first… Read More

EU: Apple Accused of Antitrust Transgressions Due to its Payment Platform

Margrethe Vestager

Margrethe Vestager, EU Executive VP, Competition Policy, is pursuing big tech once again, this time hitting Apple (NASDAQ:AAPL) with anti-trust charges. Today in a public statement, the European Commission said it has sent a Statement of Objections to Apple regarding its view that it abused its… Read More

Crowdcube Approved by Spanish Regulators as ECSP, Starts Offering Crowdfunded Securities Across the EU

Crowdcube Team Funding Wonderful

Crowdcube has become the first investment crowdfunding platform to be approved under the new European Crowdfunding Service Provider Rules (ECSPR) that went into effect in November of 2021. Crowdcube, a platform that has long operated a subsidiary in Spain, received approval from the Spanish regulator… Read More

Indian Fintech Razorpay Teams Up with European Payments Network, Trustly

Europe Map

If you’re an Indian exporter, then you may need to care about the European market, according to an update from Razorpay. The European Union is reportedly India’s second-largest destination for exports and is India’s third-largest trading partner, “accounting for €62.8 billion worth of trade in… Read More

Intercontinental Exchange (ICE) Introduces Data Solution for EU Sustainable Finance Disclosure Regulation

Europe Map

Intercontinental Exchange, Inc. (NYSE: ICE), an international provider of data, tech and market infrastructure, has announced the launch of a data solution for the European Union Sustainable Finance Disclosure Regulation (EU SFDR). By requiring more transparency and standardization in the products offered by asset managers,… Read More

Digital Asset Gateway, Fasset Secures Crypto Authorization to Expand Operations in EU

danielle rice map of europe unsplash

Fasset, an international digital asset gateway, has announced its entrance into the European Union after it secured a cryptocurrency authorization. With the authorization, Fasset will strengthen its global operations “to serve the growing digital asset sector in the EU market and beyond.” Fasset previously “secured… Read More

French Crowdfunding Association Reflects on ECSPR, as Pan European Crowdfunding Moves Closer to Reality

Florence de Maupeou

As has been previously reported, the European Union has approved pan-European securities crowdfunding or European Crowdfunding Service Providers Regulation (ECSPR). This means that issuers may solicit investors across all 28 EU member states. The new regulation enables early-stage firms to raise up to €5 million. Previously,… Read More

CYTRIO Adds GDPR Support to Data Privacy Rights Management Solution

European Parliament Paul Henri Spaak building Brussels Belgium guillaume perigois unsplash

CYTRIO, a data privacy compliance company, has added support for the European Union’s General Data Protection Regulation (GDPR) to its all-in-one, cloud-native data privacy rights management automation solution. GDPR impacts any company, “regardless of location, that collects, uses, shares, or stores personal information from European… Read More

As EU Votes to Tighten Rules on Crypto Transfers, Concordium Calls Change a Huge Challenge for Industry Participants

Bitcoin Research Investigate Scrutiny

Last week, there was a vote at the European Parliament on crypto-assets that may have a dramatic impact on the digital asset industry. Members of European Parliament (MEPs) voted that, effectively, all crypto transfers must be tracked with buyer and seller information and made available… Read More

Crowdcube Has Launched a France Facing Website

Champ de Mars Eiffel Tower Paris France

Crowdcube is accelerating in France. That is how the new French version of Crowdcube announces itself. Crowdcube is one of the largest securities crowdfunding platforms in the UK as well as Europe. Having long operated in Europe, recent rule changes will make it easier for… Read More

Europe: ECSPR May See Deadline Extended for Crowdfunding Laws Implementation

50 Euros Europe Inspect Review Look

Last November, the European Union authorized pan-European crowdfunding, European Crowdfunding Service Provider Regulation (ECSPR), for issuers to raise up to €5 million across all member states. Investment crowdfunding platforms that aim to sell securities in the European Union must be regulated by the relevant authority… Read More

Bad Facts Make Bad Law. Coinbase Slams European Union’s Transfer of Funds Regulation

Euros Money Europa Seriesjpg

New rules in Europe designed to stymie illicit activity may go too far, according to Coinbase. New Transfer of Funds Regulation “would unleash an entire surveillance regime on exchanges,” explains the crypto exchange. In a blog post, Coinbase states that “bad facts, make bad law,”… Read More

Former Head of Libra – Diem David Marcus Comments on Why EU is Falling Behind in Regards to Crypto, Digital Asset Innovation

David Marcus House Hearing July 2019

David Marcus was previously the head of Facebook / Meta’s (NASDAQ:FB) initiative to create a non-sovereign global digital currency. First branded as Libra, and then as Diem, the digital currency launched with much fanfare but eventually sputtered – largely due to global regulatory pushback that made… Read More

Coinbase Stops Just Short of Complete Ban on Crypto Accts Maintained by Residents of Russia

Bridge Closed

US-based digital asset firm Coinbase Global Inc (NASDAQ: COIN) confirmed that it would continue to block accounts and transfers of Russian customers targeted by US and EU-led sanctions. However, the crypto exchange has stopped short of banning all customers from Russia As reported by Reuters,… Read More

ECB President Christine Lagarde Says Final Decision on Digital Euro in 2024

Euros iPhone Payments Digital Money

In a speech delivered to the European Parliament, Christine Lagarde, the President of the European Central Bank (ECB), stated that a decision on a digital Euro will be made by 2024. The ECB decided to launch the investigation phase of the digital euro project in… Read More

Plum Appoints Product VP as it Gets Ready for its US Stocks Offering

Europe Map Globe World

Plum, Europe’s money management app, has appointed Phu Ly to serve as Product VP, as the business gets ready for a year of steady growth following a recent $24 million Series A round. Ly has been responsible for leading product teams at high growth, digital-first… Read More

Mintos Reports 650,000 Loans Funded in Jan 2022, Equivalent to €128.3M, Investors Earned €3.5M+

Mintos Team

The team at Mintos has published the latest edition of Mintos Insight, which is their monthly publication that offers an overview of what’s been going on (on their platform), including commentary from their experts, recent investor activity, educational topics, and other updates. Key insights from… Read More

New ESMA Guidelines on European Crowdfunding Could Have Cooling Effect on Sector

Ronald Kleverlaan 2

Earlier this week, the European Securities and Markets Authority (ESMA) published an updated Q&A on the pan-European crowdfunding rules. Updated rules, called European Crowdfunding Service Providers Regulation (ECSPR), became actionable last November but questions remain and European member states are still sorting things out. To help… Read More

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