EU Reaffirms Potential Move to Block Facebook’s Cryptocurrency

The European Union is doubling down on its commitment to block the launch of Facebook’s Libra should it deem the project to present “unmanageable...

UK Tax Authority Issues Crypto Guidance for Businesses

The UK’s tax agency has issued cryptocurrency tax guidance for businesses, following up a year-old promise. After clarifying the situation last year for individual taxpayers,...

Huobi Cloud to Offer White-Label Exchange Services in Middle East, Africa

Huobi Cloud, part of the crypto exchange Huobi Group, has announced its plan to provide more local financial institutions with white-label exchange services based...

Pre-Brexit, Koine Wins E-Money License From UK’s FCA, Now Seeking Luxembourg, UAE, US Permissions

Digital asset custodian Koine Money Ltd. has secured an electronic money license from U.K. regulators, while it prepares for the eventualities of a future...

Association of Private German Banks Argues for Digital Euro

Bankenverband, an association of private German banks, released a paper in which it argues for the creation of a digital euro

Five European Union Countries Team Up to Block Libra: Report

France, Germany, Italy, Spain and the Netherlands have teamed up to encourage the European Union to ban Libra altogether, a new report says

Crypto Capital Principal Indicted on Fraud, Confirming Bitfinex Allegations

Crypto Capital principal Oz Yosef was indicted on three criminal counts by the U.S. Attorney’s Office of the Southern District of New York Wednesday,...

European central banks could ‘band together’ to issue a CBDC

We live in a world where we rarely act, but often react. Europe is playing on that very tendency. From the East and the...

SEC, CFTC, OCC, FDIC Join UK FCA’s ‘Global Sandbox’

Four U.S. regulators joined the Global Financial Innovation Network, an international alliance of government regulators led by the UK’s Financial Conduct Authority seeking to...

CEO: Coinbase Has Earned $2 Billion in Transaction Fees Since 2012

Coinbase has earned more than $2 billion in transaction fee revenue since launching in 2012, according to CEO Brian Armstrong. Speaking onstage at a...