Archive | europe

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 […]

Cryptocurrency Thrives in Europe With Small Banks Support

Most banks seemingly have no love lost for cryptocurrencies these days. With dozens of financial institutions opposing Bitcoin purchases, it is evident things are not looking good. In Europe, however, the situation is a bit different. Smaller banks are looking forward to giving investors access to cryptocurrencies without any major hurdles. Some even offer professional […]

European Central Bank Worries About Bitcoin Threatening Financial Stability

Bitcoin has proven to be one of the oddest forms of money to date. Largely ignored by banks at first, the situation today looks very different. Even the European Central Bank has to acknowledge cryptocurrency will not go away. At the same time, they are well aware of the risks associated with this digital money. […]