Bear Market
Germany-based Nuri files for insolvency, CoinFlex kicks off restructuring process
Crypto winter has left Nuri insolvent, while CoinFlex is looking to restructure to deal with its unpaid debt.
Christian Nwobodo 2 min read
Europe News
MiCA rules, cross-border policy, stablecoins, and how EU regulation steers the regional crypto market.
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Analysis
Conservative leadership race has U.K global crypto hub ambitions in limbo
The U.K's plans to become a global crypto hub hang in the balance as Sunak and Truss face off for the Prime Minister role.
Banking
Pictet Group tells private banks to stay away from crypto
Pictet's Asia arm CEO Tee Fong Seng said that though cryptocurrencies have potential, now is not the right time for private banks to invest.
Latest Europe Crypto News & Analysis
Exchanges
Portuguese banks shut accounts of crypto exchanges
One of the banks said said it has the duty of notifying authorities about any “suspicious transactions,” which may lead to the closure and termination of some relationships.
Politics
Bitcoin falls short of $25K as US, China tensions over Taiwan grow
Heightening tensions between the U.S. and China, over Taiwan, coincide with market uncertainty and a local top for Bitcoin.
Analysis
ECB believes CBDCs are better than Bitcoin for cross-border remittances
The ECB believes that a CBDC would be superior for cross border payments versus private cryptocurrencies like Bitcoin.
Regulation
UK introduces new rules for promotion of high-risk assets; crypto in the crosshairs
The FCA chalked out tougher rules for the marketing of high-risk investment products and is waiting for the passing of legislation to see how crypto promotions come under its purview.
Legal
UK High Court rules in favor of Craig Wright, awarding £1 in defamation damages
Judge Chamberlain ruled Craig Wright had suffered damage to his reputation caused by Peter McCormack, however, falsified evidence from the Claimant led to the award of nominal damages.
Regulation
Gibraltar minister says he is collecting Bitcoin for his kids’ future
Gibraltar's Digital and Financial Services minister said he's collecting Bitcoin for his kids, because he thinks Bitcoin adoption will increase tremendously in the future.
