Privado ID’s partnership with Telefonica Tech is aimed at accelerating adoption of privacy-focused and compliant digital identities for users in the European Union. The collaboration comes as the EU prepares for elDAS2, a key regulation on digital identity. Telefonica Tech, the digital business arm of Spanish telecom giant Telefónica Group, is collaborating with Privado ID…
UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization. “A new cycle starts,” the report said, as investment volumes show signs of bottoming out. After a period of inflation and rising interest rates, the UK saw a 6.5% quarter-on-quarter growth in…
Siemens issued a €300 million digital bond on SWIAT’s blockchain platform. The bond settled in minutes, a significant improvement from Siemens’ previous bond. Major German banks participated, showcasing growing interest in blockchain assets. Germany’s tech giant Siemens has issued a €300 million digital bond, its second blockchain-based bond. The bond, issued under Germany’s Electronic Securities Act…
Mark Karpeles to launch EllipX crypto exchange in Europe. EllipX will comply with EU MiCA regulations, offering a crypto-only platform at launch. Former Mt. Gox users will get a 50% trading fee discount tied to NFTs as a goodwill gesture. Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch…
Paolo Ardoino, CEO of Tether, one of the largest companies in the cryptocurrency industry, has criticized the arrest of Telegram founder and CEO Pavel Durov. On social media, Ardoino stated this development was concerning for society as a whole and stressed that if it loses the battle, “dark ages will be our future.” Tether CEO…
Chris Pavlovski, founder and CEO of Rumble, an independent online video platform, has reported that he left Europe after the arrest of Telegram CEO Pavel Durov. Pavlovski criticized the measures taken against Durov, stating that France had “crossed a red line” by arresting him for not censoring speech. “Rumble will not stand for this behavior…
Bitwise acquires ETC Group, expanding into Europe with $4.5B in crypto AUM. ETC Group’s products will rebrand under Bitwise but there will be no changes to strategies. Bitwise anticipates a shift in crypto with the introduction of spot Bitcoin ETFs. In a strategic move to broaden its global footprint, Bitwise, the largest crypto index fund…
Binance Revises Operations to Comply with EU Standards After Community Feedback Binance, the cryptocurrency exchange, has announced that it is reversing its decision to delist several privacy coins in Europe. The company stated that it has made revisions to its operations to ensure compliance with local regulations, leading to the reversal of its previous plan….