European tourism plummets as Delta variant threat continues

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)The travel and tourism sector is still struggling to get back on its feet more than a year into the coronavirus pandemic. That spells trouble for the economic recovery. The… Continue reading European tourism plummets as Delta variant threat continues

Major European music festival will allow fans to buy tickets using EGLD

The Untold Festival, scheduled to be held in Romania next month, has partnered with the Elrond network to allow concert goers to pay for their tickets in cryptocurrency. In a Tuesday announcement, Untold said that tickets for its 2021 festival could be purchased using Elrond eGold (EGLD). The festival reported that it would be allowed… Continue reading Major European music festival will allow fans to buy tickets using EGLD

European Central Bank shifts inflation target upwards to 2%

ECB denies ‘moving the goalposts as prices begin to rise’ and says new strategy will be easier to communicate Last modified on Thu 8 Jul 2021 13.46 EDT The European Central Bank (ECB) has overhauled its rulebook to allow for the expansion of its unprecedented stimulus programme in a direct rebuff to German politicians concerned… Continue reading European Central Bank shifts inflation target upwards to 2%

European countries announce sweeping new Covid-19 restrictions

London (CNN Business)The European Central Bank is getting ready to unleash even more stimulus, warning on Thursday of clear risks as the region’s two biggest economies once again impose sweeping restrictions in an effort to curb the resurgent coronavirus. The ECB said in a statement that it will respond “as appropriate” to the unfolding situation… Continue reading European countries announce sweeping new Covid-19 restrictions

The European Way, Can it Succeed?

Europe is rising in conscience as a continental brotherhood with the union appearing to now be made of iron in taking shape towards forming a third way: the European method of politics, economics, international relations and governance. Its complexity and sophistication can be shown by the fact there are so many unions within this union,… Continue reading The European Way, Can it Succeed?

Binance under fire by European regulators for stock token offering

European securities regulators are investigating cryptocurrency exchange Binance over suspicions its recent token launch constitutes a stock token offering, according to reports emerging in the financial media. The Financial Times reported that European regulators, most notably the U.K.’s own Financial Conduct Authority (FCA), were investigating whether the launch was arranged in compliance with securities laws… Continue reading Binance under fire by European regulators for stock token offering

European Central Bank tries to quell Germans' doubts about digital euro

The European Central Bank, or ECB, has been investigating the possibility of launching a digital euro project within five years to complement existing central bank money. But whereas high-profile leaders such as ECB president Christine Lagarde have been largely positive about the prospect, officials from Germany’s Bundesbank have remained unconvinced. In a new op-ed for… Continue reading European Central Bank tries to quell Germans' doubts about digital euro

European Bank to Issue Euro-Backed Stablecoin on the Stellar Blockchain

Bankhaus von der Heydt (BVDH), a 266-year-old German bank, is now issuing the first-of-the-kind Euro stablecoin on the Stellar blockchain in partnership with Bitbond, a CoinDesk report on Dec 9 reveals.  A BVDH Euro Stablecoin on the Stellar Blockchain The exchange won’t be tradable at crypto exchanges since KYC is required. However, it stands to boost businesses… Continue reading European Bank to Issue Euro-Backed Stablecoin on the Stellar Blockchain

European stablecoin launched on Stellar network by German Bank | European stablecoin | crypto investment | crypto news

Quick take 1 minute read A European stablecoin has just been launched on the Stellar network by Bankhaus von der Heydt (BVDH) based in Germany. The financial institution has also said that this token is the first of its kind to be issued by the entity. A European stablecoin has just been launched on the… Continue reading European stablecoin launched on Stellar network by German Bank | European stablecoin | crypto investment | crypto news

European countries announce sweeping new Covid-19 restrictions

London (CNN Business)The European Central Bank has signaled that it could provide even more stimulus this year, warning on Thursday of clear risks as the region’s two biggest economies once again impose sweeping restrictions in an effort to curb the resurgent coronavirus. The ECB said in a statement that it will respond “as appropriate” to… Continue reading European countries announce sweeping new Covid-19 restrictions

Boeing Poised to Win European Approval for 737 Max

The Boeing Co. (NYSE: BA) 737 Max was grounded back in March 2019 after a couple of devastating accidents, but now Europe’s aviation regulator has declared the aircraft safe to fly again. Boeing shares took off on Friday as well. Patrick Ky, an executive director of the European Union of Aviation Safety Agency (EASA), commented… Continue reading Boeing Poised to Win European Approval for 737 Max

European MP to call on EU to nominate Trump for Nobel Peace Prize

Trump nominated for Nobel Peace Prize again EXCLUSIVE: A member of the European Parliament is planning on submitting a resolution to call on the E.U. to nominate President Trump for the Nobel Peace Prize, Fox News has learned — the latest in a growing effort to nominate the president for the prestigious award. “Most of my fellow Euro-parliamentarians… Continue reading European MP to call on EU to nominate Trump for Nobel Peace Prize

European Commission to launch blockchain regulatory sandbox by 2022

The European Commission in collaboration with the 30-country alliance called the European Blockchain Partnership (EBP) plans to launch a pan-European blockchain regulatory sandbox by 2022. Per an update to the official webpage for the commission’s Digital Innovation and Blockchain team on Sep. 23, the European Commission will work with EBP on the sandbox to test… Continue reading European Commission to launch blockchain regulatory sandbox by 2022

$5M stolen from a European crypto exchange after hot wallets compromised

Crypto exchange Eterbase recently fell victim to a hack of its hot wallets. According to a statement issued by the Slovak Republic-based exchange, hackers extracted approximately $5.4 million from the exchange’s accounts on August 8. Shortly thereafter, Eterbase assured users that law enforcement had already been informed about the incident. The company also said that… Continue reading $5M stolen from a European crypto exchange after hot wallets compromised

European crypto tax firms merge in bid to expand to North American markets

European experts in cryptocurrency tax reporting are joining forces to enter markets in the United States and Canada. Blockpit, an Austria-based crypto compliance expert, has completed a merger with its German competitor CryptoTax, the firm announced on Sept. 8. Both focused on providing crypto tax reporting tools, Blockpit and CryptoTax will now be working together… Continue reading European crypto tax firms merge in bid to expand to North American markets

Federation of European Securities Exchanges: Trading Hours for Equities

In November 2019, the Association of Financial Markets in Europe (AFME), and the Investment Association (IA) called for European equity trading venues to review market opening hours across Europe. The Federation of European Securities Exchanges (FESE) said in a statement today that prior to even considering any changes to trading hours for equities, which could… Continue reading Federation of European Securities Exchanges: Trading Hours for Equities

ESMA Reacts to European Commission Consultation on Digital Finance Strategy

The European Securities and Markets Authority (ESMA) announced today it has submitted a response to the European Commission’s (EC) consultation on a new digital finance strategy for the European Union (EU). The regulator welcomes the EC consultation noting that it builds on the 2018 FinTech Action Plan that set a number of deliverables for the ESAs, all… Continue reading ESMA Reacts to European Commission Consultation on Digital Finance Strategy

European Central Bank Calls for Proactive Stablecoin Regulation

In a recent in-depth report on global stablecoins, the European Central Bank, or ECB, pushed for clear regulatory parameters for stablecoins, citing risks as well as gaps in current regulations. “In order to reap the potential benefits of global stablecoins, a robust regulatory framework needs to be put in place in order to address these… Continue reading European Central Bank Calls for Proactive Stablecoin Regulation

European economy suffers biggest hit on record amid pandemic

Fox Business Flash top headlines for April 29 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below The European economy shrank by 3.8 percent in the first quarter as business activity was… Continue reading European economy suffers biggest hit on record amid pandemic

How other European countries including Spain, Italy and France are coming out of coronavirus lockdown – The Sun

THE Government is facing demands to reveal its coronavirus exit strategy as countries across Europe begin to plan life after lockdown. Experts believe the UK is still several weeks from loosening controls but say the country is in dire need of knowing there is a plan. ⚠️ Read our coronavirus live blog for the latest… Continue reading How other European countries including Spain, Italy and France are coming out of coronavirus lockdown – The Sun

European coronavirus death toll now exceeds Asia as global number of infections hits 200,000 – The Sun

CORONAVIRUS has now killed more people in Europe than in Asia as the number of people infected around the world hit 200,000 today. The deadly outbreak has now also claimed more than 8,000 lives across the globe. ⚠️ Read our coronavirus live blog for the latest news & updates The grim milestone comes just 12… Continue reading European coronavirus death toll now exceeds Asia as global number of infections hits 200,000 – The Sun

ALL European countries must enforce total coronavirus lockdown like Italy within 10 days, ex-Italian PM warns – The Sun

ALL European countries must enforce total a coronavirus lockdown like Italy within 10 days, ex-Italian PM warns. The killer virus threatens to engulf Europe, having swept across the continent with up to 70 per cent of citizens at risk, European leaders say. ⚠️ Read our coronavirus live blog for the latest news & updates Former Italian prime… Continue reading ALL European countries must enforce total coronavirus lockdown like Italy within 10 days, ex-Italian PM warns – The Sun

European Commission to Decide the Status of Libra Crypto in March 2020

Several financial authorities across the globe are finding it hard to make verdicts when it comes to Bitcoin, Libra and other digital currencies: overregulate the industry and risk losing the advantage to most businesses and the economy at large, or fail to act completely and make themselves more defenseless especially to those that intensify. The… Continue reading European Commission to Decide the Status of Libra Crypto in March 2020