Europe Crypto News and Headlines
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February 02, 8:50 am
| | FTX Bid Deadlines for Japan, Europe Businesses Revealed (Report)
The FTX Group of companies undergoing bankruptcy proceedings extended the preliminary bid deadline for its Japan and Europe affiliates as administrators scramble to raise funds to help pay back creditors.
According to the Bloomberg report, the court filing said the new deadline has been set for March 8, while the auction date has been moved to April 26.
The development comes two weeks after Judge John Dorsey, currently overseeing FTX’s liquidation, approved the group's motion to sell four units - derivatives arm LedgerX, stock-clearing platform Embed, FTX Japan, and FTX Europe.
The last two underwent license and business suspensions in December last year.
The Japanese business has reportedly segregated client funds and will initiate the return of assets to customers in February.
As per Japan's Financial Services Agency's statement, the unit will lose its licenses even if its owner changes.
Kevin Cofsky, a partner at Perella Weinberg, the investment bank representing FTX US and affiliated firms, stated in a court filing that nearly 117 parties, including different financial and strategic counterparties across the world, had expressed interest in purchasing one or more of FTX's businesses.
41 of those expressed interest in FTX Japan, and 40 were in FTX Europe.
FTX co-founder...
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January 30, 6:00 pm
| | Unbanked and Mastercard Team Up to Accelerate Crypto Card Adoption Withi...
PRESS RELEASE. Today it was announced that Unbanked, the leading provider of white-label crypto card issuance and program management service for Web3 companies has partnered with Mastercard, to accelerate DeFi card issuance in Europe.
Mastercard and Unbanked have already established a footprint in the United Kingdom and Europe and solidified relati...
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January 24, 2:30 pm
| | Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billi...
European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds processed through the platform were associated with various criminal activities.Bitzlato Senior Management Targeted in Europe, Exchange Infrastructure Dis...
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December 08, 6:15 pm
| | PayPal Pushes Crypto Services For Europe Expansion With Luxembourg Launc...
Financial service behemoth PayPal has announced expanding its crypto service to Luxembourg soon in its first foray into the European Union (EU).
According to an update shared by the company, the service will be made available in the 'coming days,' following which eligible customers will be able to buy, sell and hold crypto-assets in their PayPal ac...
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November 29, 11:40 am
| | Kanga Exchange Venturing into Europe to Further Crypto Adoption
Exchanges have long evolved into something a lot more than just providing a medium for swapping between different cryptocurrencies.
The industry is growing at an unprecedented rate, and, despite the ongoing bear market, users remain in need of multiple solutions brought under the same roof.
Kanga Exchange is a Polish-based cryptocurrency exchange t...
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November 28, 11:18 pm
| | Coinbase Eyes Europe Expansion, Hires Four New Executives
Leading American cryptocurrency exchange Coinbase has on-boarded new executives to lead its expansion plans in Europe, the Middle East, and Africa (EMEA) despite the intense bear market pushing several crypto entities into bankruptcy.
According to the exchange, the appointments are part of its 'Go Broad and Go Deep strategy' for global expan...
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November 08, 10:12 am
| | Crypto Exchange Coinmetro Seeks US And Europe Expansion Amid Bearish Mar...
With the increasing adoption and acceptance of crypto assets, more crypto-related firms and service providers are rising. Also, they are taking their expansion visions in the sector very seriously.
However, crypto industry regulations have placed limitations on some firms' goals. Most top-tier regulators require the fulfilment of some rules for the...
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November 04, 12:41 pm
| | Terra's Do Kwon is in Europe, Plans to Meet With Authorities Soon (Repor...
The notorious Co-Founder of Terraform Labs - Do Kwon - is said to be in Europe.
He vowed to organize a conference soon and lift the curtain on his mysterious location. The South Korean, who is a primary target for Interpool, even invited law enforcement agents to participate in the event.
Terra's colossal crash in May caused multi-million investor...
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October 12, 3:25 pm
| | This Expert Suggests How Ripple Price Will Trend Amid Expansion In Europ...
The long-standing legal battle between Ripple and the SEC in the US has not stopped the firm from advancing into other markets. For example, ripple announced its first On-Demand Liquidity partners (ODL) in France and Sweden via press release.
Ripple continues its expansion into the European markets to provide online payment services leveraging its ...
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October 01, 6:30 am
| | Latest EU Sanctions to Restrict Russians' Access to Crypto Services in E...
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come after earlier this year the Union banned only 'high-value' crypto-asset services to Russian residents and companies.EU Expected to Target Crypto Servic...
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September 29, 3:01 pm
| | Investment Behemoth BlackRock Introduces Blockchain ETF in Europe (Repor...
The world's largest digital asset manager - BlackRock - reportedly launched a blockchain exchange-traded fund (ETF) for the European market.
The product enables such consumers to gain exposure to companies part of the cryptocurrency sector, including miners and exchanges.
According to a recent coverage, BlackRock's newest blockchain ETF is called ...
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September 15, 7:21 am
| | Crypto Exchange, Zonda, Expands To Denmark In A Bid To Boost Its User Ba...
The largest crypto exchange in Eastern Europe, Zonda, announces its expansion to Denmark, enabling users to trade, buy and hold over 60+ crypto assets on the exchanges.
One of the largest trading cryptocurrency platforms in Eastern and Central Europe, Zonda announced its expansion to Denmark, as it continues its vision of conquering the continent....
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September 07, 11:30 pm
| | Putin Threatens to Let Europe 'Freeze'— Russian President Warns 'W...
Following the discussions concerning the inter-governmental political forum Group of Seven (G7) pledging to impose price caps on crude oil and the European Commission talking about fixing electricity prices, Russian president Vladimir Putin explained on Wednesday that Russia will not supply the industrialized economic powers and the West with energ...
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September 01, 11:30 am
| | Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Eu...
Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their victims through call centers to collect personal financial information.Fake Ukrainian Call Centers Promise Foreigners Exce...
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August 25, 10:01 am
| | Crypto in Eastern Europe
On Thursday 24th of February, 2022, Russia invaded Ukraine. War had broken out in Eastern Europe. Although we’re not here to comment on the political situation in Ukraine and beyond, we can observe one fact: Ukraine’s government turned to crypto in trying times.
The crypto community responded.
In the first 5 days of its inception, Uncha...
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July 01, 10:37 pm
| | Coinbase Seeks Further Expansion Into Europe Amid Crypto Bear Market
The U.S.-based cryptocurrency exchange giant Coinbase is looking to gain regulatory approval in more European countries as a way to expand its presence in the region.
Strengthening European Presence
Nana Murugesan, Coinbase's vice president of international and business development, revealed that the crypto company is targeting Italy, France, Spain...
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June 07, 4:00 am
| | Citigroup CEO: Europe More Likely to Head Into Recession Than US
Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession.Citigroup's CEO on Global Recession
Citigroup CEO Jane Fraser warned about the health of the global economy Friday, Reuters reported. Citi is the third-largest and most globally-f...
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May 16, 11:47 am
| | Grayscale to List a Crypto ETF in Europe (Report)
The world's largest digital asset manager - Grayscale - will reportedly launch an exchange-traded fund in Europe. The product, tracking the 'Bloomberg Grayscale Future of Finance Index,' will go live in the UK, Germany, and Italy.
Grayscale's First ETF in Europe
A few weeks ago, CEO - Michael Sonnenshein - disclosed that the company seeks to expand...
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April 24, 11:00 am
| | GoCrypto Celebrates as Ljubljana Ranked Most Crypto-Friendly City in Eur...
The adoption of crypto assets among individuals and businesses has been rapidly spreading over the last few years. It is no longer uncommon to treat yourself to a delicious meal or buy yourself a new pair of sneakers and pay for it in crypto. The blockchain-based payment technology has come incredibly far and its simplicity is amazing. This increas...
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March 07, 4:17 pm
| | FTX gets registered in Europe with new Cyprus license
FTX, a global cryptocurrency exchange, today announced the establishment of FTX Europe marking the next phase of the Company's global expansion, by extending its presence into Europe and the Middle East. The company has secured approval from the Cyprus Financial Market Regulator CySEC through its ftx.com/eu domain.
The Europe office will now start ...
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March 07, 11:03 am
| | FTX Launches a Regulated Branch in Europe and the Middle East
The Sam Bankman-Fried-led cryptocurrency exchange has received licensing from the Cyprus Financial Market Regulator (CySEC) to launch FTX Europe. The idea of the new venture is to enhance the company’s presence in the Old Continent and in the Middle East.
The press release shared earlier on March 7 reads that FTX Europe will now offer the ex...
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March 07, 6:30 am
| | IMF Warns Ongoing War in Europe Will Have a 'Severe Impact on the ...
In a report published on Saturday, the International Monetary Fund (IMF) has warned that an ongoing war in Europe and associated sanctions will have a 'severe impact on the global economy.' The IMF's report says there is 'extraordinary uncertainty' in the air, and the international financial institution believes 'economic consequences are already v...
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February 16, 8:14 am
| | Fidelity International Lists Cheapest Bitcoin ETP in Europe
The London-based investment management company, Fidelity International, listed a Bitcoin exchange-traded product (ETP) in Europe in response to increased institutional demand.
The product, called the Fidelity Physical Bitcoin ETP, began trading on Germany's Deutsche Börse AG and Frankfurt Stock Exchange on Tuesday (February 15, 2022) under th...
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January 19, 12:30 pm
| | Bitmex Acquiring German Bank to Create 'Regulated Crypto Powerhous...
Crypto exchange Bitmex is acquiring a German bank to create 'a regulated crypto powerhouse.' The company plans to establish 'a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland.'
Bitmex Plans to Become a Regulated Crypto Powerhouse
Cryptocurrency exchange Bitmex announced Tuesday a purchase agreement of Bankhaus von ...
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