G7 will block Libra launch until regulations in place
In a draft of a statement expected to be released tomorrow, countries representing the world’s largest economies said that they would initially oppose the launch...
Tag : EU
EU removes this crypto hotspot from tax haven blacklist, clearing path for further adoption
The EU decided to remove Cayman Islands from its blacklist of tax heavens on Tuesday. The Cayman Islands is a popular jurisdiction for crypto businesses....
ECB to consider further digital euro study in 2021
The European Central Bank (ECB) could begin seriously considering and studying the digital euro by mid-2021, the bank said in a report released Oct. 2. ...
European Commission adopts digital finance package for crypto and blockchain
The European Commission is moving to provide more legal clarity and certainty for the cryptocurrency industry in its member states. On Sept. 24, the EC...
Digital euro will not be ‘a substitute for cash’: ECB President
Any digital currency released in the European Union may not fully replace fiat, said the President of the European Central Bank, Christine Lagarde. Speaking at...
EU to see comprehensive crypto regulation by 2024
The European Union, or EU, plans to incorporate crypto and blockchain technology into its main processes by 2024. Over the next four years, the economic...
Privacy laws might prove to be a blessing in disguise for crypto
Anti-establishment and counter-government sentiments fuelled the early days of crypto. More than a decade later, crypto is slowly moving away from its wild-west early days...
Eurozone economy contraction confirmed at 12.1% in Q2
The eurozone economy on Friday shrank by 12.1 per cent in the second quarter of the year, the EU’s statistical office confirmed. The record contraction...
Arla Foods builds commercial dairy farm in Kaduna
Arla Foods continues to make significant strides in its commitment to develop the local dairy sector through backward integration, with the implementation of its very...
Dollar slips after political wrangling slows rally
A dollar rebound faltered on Tuesday as political wrangling over a United States relief plan and the gloomy outlook weighed on the currency. After its...