Central Europeans Are Beginning to Wake Up to Cryptocurrency Payments

Central Europeans Are Beginning to Wake Up to Cryptocurrency Payments

BitBay, a Katowice-based cryptocurrency exchange, released a survey of Polish cryptocurrency users in an attempt to “create a portrait of this community.” The answers may astound. The central questions asked in the survey are: who uses cryptocurrencies… and how? At this point, it should be disclosed that BitBay is the corporate owner of BitBay Pay, a cryptocurrency payments provider.
Crypto Exchange OKCoin Expands Trading Services to Europe

Crypto Exchange OKCoin Expands Trading Services to Europe

Cryptocurrency exchange OKCoin has launched in the EU, opening up euro pairs to traders for the first time. Available from Tuesday for non-U.S. users, OKCoin’s new spot trading offerings cover euro pairs with bitcoin (BTC), ether (ETH) and bitcoin cash (BCH) at launch, with more pairs planned. The firm said on its blog that until Sept.
Bitfury, Swiss Investment Firm Launch Regulated Bitcoin Mining Fund

Bitfury, Swiss Investment Firm Launch Regulated Bitcoin Mining Fund

Blockchain technology firm Bitfury and Switzerland-based investment firm Final Frontier have jointly launched a regulated bitcoin mining fund. The fund is targeted at institutional and professional investors to give them “convenient access” to bitcoin mining, Bitfury announced in a blog post Wednesday.
The Hidden Effects of Crypto Money Laundering Rules

The Hidden Effects of Crypto Money Laundering Rules

Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for the institutional market with news and views on crypto infrastructure delivered every Tuesday. Sign up at the link below. 
Societe Generale-Owned Bank Launches Blockchain Exchange Note

Societe Generale-Owned Bank Launches Blockchain Exchange Note

Kleinwort Hambros, a Societe Generale-owned private bank and wealth manager, has launched an actively managed exchange-traded note (ETN) targeting the blockchain sector. The London-based bank announced the news on Monday, saying its Luxembourg-listed ETN will invest in companies that could “profit most” from the development and increasing uptake of blockchain technology.
EU Blockchain Group Launches With SWIFT, Ripple Onboard

EU Blockchain Group Launches With SWIFT, Ripple Onboard

SWIFT, IBM, Ripple and around 100 other firms and organizations have joined a new blockchain association to promote adoption of the technology across the EU. A European Commission initiative, the new group – the International Association of Trusted Blockchain Applications (INATBA) – is launching Wednesday in Brussels, Belgium.
Crossing the Atlantic in Stormy Weather: Coinsquare Expands to Europe

Crossing the Atlantic in Stormy Weather: Coinsquare Expands to Europe

Coinsquare Exchange, headquartered in Toronto, Canada, took its first trip outside its Canadian base to extend its operations to Europe. On November 15, 2018, the exchange enabled euro deposits and trading, in what the startup sees is a promising market for future expansion. Coinsquare CEO Cole Diamond told Bitcoin Magazine that this is a major move for the young exchange and it makes good business sense to enter a market that has a GDP 12 times the size of Canada’s.

Blockchain Observatory and Forum to Bring EU to “Forefront” of Blockchain Tech

The European Commision (EC) has launched the EU Blockchain Observatory and Forum (BOF) to consolidate and grow blockchain initiatives within the European Union (EU). With the support of the European Parliament, the BOF is a pilot project proposed by Member of the European Parliament Jakob von Weizsäcker, who is responsible for the recent report on virtual currencies.
UK Regulator: DLT Startups Are Being Denied Banking Services

UK Regulator: DLT Startups Are Being Denied Banking Services

U.K. startups working with distributed ledger technology are having problems accessing traditional banking services, according to a report issued last week by the U.K. Financial Conduct Authority. The financial regulator, which runs a regulatory sandbox to allow new types of companies to test "innovative products, services and business models in a live market environment," reportedly witnessed startups in its fintech testing framework being blocked from opening accounts.
Banks Simulate €100,000 Security Transaction in R3 DLT Trial

Banks Simulate €100,000 Security Transaction in R3 DLT Trial

A group of German banks working with the R3 blockchain consortium has successfully replicated the sale of a €100,000 security on a distributed ledger platform. Announced yesterday, Commerzbank, KfW Banking and MEAG all took part in the effort, designed to test an extension of R3's Corda platform. According to the companies involved, the trial served to show how a money market instrument, traded using distributed ledger technology (DLT), could take place with fewer intermediaries and in a shorter timeframe.