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CryptoCurrency
Revolut X Targets $200B European Crypto Market With Multi-Country Launch
2024-11-13T12:18:42.311+02:00
The fintech expands its standalone crypto exchange platform to 30 European markets following successful UK operations.
Recently, the company received UK banking license and announced works on its own stablecoin.
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Retail FX
DriveWealth Plants European Flag in Lithuania's Fintech Hub
2024-10-31T12:12:40.722+02:00
The BaaS company secures a European brokerage license, establishing Vilnius as its European hub.
The fintech platform expands its global footprint, marking its third regulatory jurisdiction alongside the US and Singapore.
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CryptoCurrency
Africa Crypto Surge Hits 189% as Youth Choose Telegram over Traditional Banking
2024-10-30T12:00:00.000+02:00
Bitget's research reveals unprecedented cryptocurrency adoption in emerging economies driven by Telegram usage.
Africa's crypto-themed groups have grown 189% since 2023, while Western markets lag behind.
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CryptoCurrency
MiCA Prompts Coinbase to Remove Selected Stablecoins in Europe
2024-10-04T16:47:06.544+02:00
EEA customers will be offered to switch to compliant stablecoins like USDC and EURC.
Stablecoins tied to fiat currencies face stricter rules under EU regulatory changes.
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CryptoCurrency
Robinhood Introduces Crypto Transfers for EU Customers, Eyes Market Share
2024-10-01T09:25:48.678+02:00
The new feature allows users to deposit and withdraw over 20 cryptocurrencies.
"Support for deposits and withdrawals gives customers more control over their crypto," Robinhood commented.
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Exchanges
Banking Giant Bets Big on EU's First Regulated Crypto Futures Platform
2024-09-17T11:17:12.897+02:00
Standard Chartered's SC Ventures leads investment in One Trading, formerly known as Bitpanda Pro.
The crypto exchange recently obtained regulatory approval for crypto derivatives trading in the EU.
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CryptoCurrency
Bitwise Sets Sails for Europe by Buying ETC Group’s $1 Billion ETP Portfolio
2024-08-19T15:27:51.408+02:00
With this acquisition, Bitwise’s total assets under management rise above $4.5 billion.
Founded in 2017, the firm currently offers 20 products in the US market.
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Payments
Wero Challenges Visa and Mastercard
2024-07-29T18:16:49.366+02:00
Europe's payment revolution might be underway.
Wero aims to simplify money transfers using phone numbers, not IBANs.
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Payments
How Will the EU AI Act Transform the Payments Industry?
2024-07-15T17:59:29.403+02:00
High-risk AI systems require EU database registration.
EU AI Act demands clear communication on AI use.
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Payments
How the Digital Euro Could Compromise Financial Autonomy
2024-07-03T18:04:19.844+02:00
On the end of anonymity in EU digital transactions.
Patriot Act lessons: EU's digital oversight risks privacy.
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Brokers
Robinhood Eyes Bitcoin Futures Launch in Europe and US
2024-07-03T09:15:39.876+02:00
The Commission-free trading platform broadens its reach to Hawaii and US territories.
In the meantime, it is considering new cryptocurrency derivatives products.
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Payments
"The Numbers Are Beautiful:" AliPay+ Europe GM Discusses EURO 2024 Impact
2024-06-26T18:08:10.872+02:00
How AliPay+ is boosting transactions in Europe.
"Stay Global, Act Local:" Pietro Candela on the future of digital payments.
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FinTech
Adyen and SumUp Partner to Accelerate Payment Solutions for SMEs
2024-06-21T17:11:51.004+02:00
The collaboration expands same-day settlements to small merchants in Europe and the UK.
It aims to provide near-instant access to funds, reducing large working capital reserves.
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Payments
Can the US and EU Find Common Ground in Tech?
2024-05-27T17:00:00.000+02:00
A transatlantic tech tug-of-war.
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Retail FX
Interactive Brokers to Offer Clients Access to Cboe Europe Derivatives Products
2024-05-22T11:17:17.106+02:00
The offering includes a suite of over 300 equity derivative contracts on EU companies.
Cboe's CEDX was introduced in 2021 to allow retail traders to access more instruments.
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Payments
How Europe Just Chopped the Chains on B2B Payments
2024-05-07T18:00:00.000+02:00
Invoice liberation.
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CryptoCurrency
OKX Unveils European Expansion Plan with Okcoin Rebrand
2024-04-11T08:37:43.817+02:00
The platform also announces the new General Manager for the region.
Currently, the crypto exchange is the 4th biggest worldwide in terms of spot volumes.
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Institutional FX
EU Embraces Derivatives Reporting: Firms Prepare for April 2024 Deadline
2024-04-09T09:00:00.000+02:00
The Derivatives Service Bureau data shows firms' readiness for the new UPI reporting.
European Union will become the second G20 jurisdiction to adopt this standard.
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Payments
How Fast is Too Fast? Rethinking Security Shortcuts in the Age of Instant Payments
2024-03-28T18:00:00.000+02:00
Convenience or a hacker's playground?
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CryptoCurrency
1.5 Million People Trade Crypto Daily in Western Europe, Germany Leads
2024-03-28T17:46:45.980+02:00
Western Europe has emerged as a crypto powerhouse, with Germany and France leading the charge.
It is currently the second region globally with the highest adoption of digital assets.
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Payments
MoneyGram Introduces Cardless Payments with Trustly across Europe
2024-03-20T19:59:50.803+02:00
The integration enables users of MGO to make payments directly from their bank accounts.
Trustly's data engine Azura offers contemporary bank payment infrastructure.
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Institutional FX
Europe Grapples with FX Risks and Euro Volatility: Netherlands Takes Biggest Hit at 94%
2024-03-14T17:31:39.215+02:00
78% of the respondents in a recent study targeting European businesses have been affected by the volatility of the euro.
Manual FX processes are common in Europe despite the high cost.
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Retail FX
9 out of 10 FX/CFD Firms Fear Regulations in Europe, Study Reveals
2024-03-06T12:22:20.591+02:00
Regulatory restrictions may force Europe's retail FX/CFD brokers to adapt business models.
Concerns over CFD risks may push the market towards more institutional trading.
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Payments
Transformative EU Regulations Redefine Instant Credit Transfers in Banking Landscape
2024-02-08T22:01:42.176+02:00
Unpacking the EU's instant credit transfer overhaul.
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Retail FX
Size Still Matters in Investment Product Accessibility
2024-02-05T15:40:00.000+02:00
The average cost of retail investment products is falling across the EU, but there is a disparity in accessibility cost.
Although ETFs are growing in popularity, retail demand for actively managed funds persists.
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