Archive | eu

European Central Bank: We Cannot Wait for Global Policies, Cryptocurrencies Must Be Regulated Within EU

The EU has warned that it will regulate cryptocurrencies if the risks that accompany the rise of Bitcoin and its rivals are not addressed at the global level first. More discussions will be held at the G20 summit in March, but actual policy is unlikely to materialize until late this year or early 2019. “We do […]

Korona: Hungary’s Very Own Cryptocurrency

Europe’s newest digital currency, the Korona, which runs on the Lightning Network and is being touted as more stable, safer, and cheaper to use than its competitors, was launched in Budapest, Hungary on February 15th. Korona’s ICO is scheduled for March 26th, and the token will be immediately available for payments and transfers.  According to a […]

European Supervisory Authorities “Concerned” About Cryptocurrencies

Cryptocurrencies like Bitcoin have shown clear signs of a pricing bubble and consumers could lose all of their money, the European Union’s banking, securities, and insurance watchdogs said today, February 12th. The European Supervisory Authorities (ESAs) for securities, banking, and insurance and pensions said in a joint statement that they were “concerned” about an increasing […]