By CCN.com: Ford gave its fourth-quarter earnings call this afternoon. Despite a serious decline in interest in China and Europe, the company posted a 1% improvement over last year’s Q4 revenues as a whole, and a 2% gain for the whole year. The earnings call was launched as the markets closed with F seeing a
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By CCN.com: Tesla has been granted the go-ahead to begin selling its mass-production, low-cost electric car in Europe. Beginning February, Tesla will be able to sell the long-range version of the Model 3, per Bloomberg. From Tesla’s website, the long-range model runs for 310 miles on one full charge. Permission was granted by the Dutch
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Crypto exchange Coinspot has launched an over-the-counter trading desk in Australia and you’ll find more about the platform in this edition of The Daily. Elsewhere, computing power-sharing platform Bitdeer.com is focusing on Eastern Europe through a partnership with the largest digital asset trader in the region, Exmo. And in the U.S., expired Mccoins will get you a Big King.
Crypto Exchange Coinspot Offers OTC Services to Australian Traders
Australian cryptocurrency exchange Coinspot has announced the launch of its dedicated over-the-counter (OTC) trading desk. The platform will be able to process high-volume transactions for its members without the need to use the traditional public order books.
Binance’s cryptocurrency exchange platform has expanded into the European market with its entry into the Island of Jersey, a self-governing dependency of Great Britain. Binance Jersey will allow trading of popular cryptocurrencies bitcoin (BTC) and ether (ETH) against the euro (EUR) and the British pound (GBP).
The exchange will launch with four trading pairs, including BTC/GBP, ETH/GBP, BTC/EUR and ETH/EUR.
In a statement, Wei Zhou, Binance’s chief financial officer, called the island “an undisputed pioneer in blockchain development leveraged by this strong framework and talent pool.”
Coinify, a European-based financial platform that provides a wallet, trading and payment processing solution, has announced that they are integrating BRD Wallet into their platform to deliver BRD wallet access to users across the European region.
Specifically, the partnership provides access to virtual currencies, like bitcoin, to 34 countries across the Single Euro Payments Area (SEPA). The SEPA region is a collection of member states in Europe who are part of a payment system that simplifies bank transfers denominated in EUR. The launch is also enabled largely in part by Coinify’s newly rebranded trading solution for wallet partners.
Trade talks between the U.S and China concluded earlier today boosting Asian markets and the start of trading in Europe. It could be another good day of trading for the Dow Jones and the wider markets in the U.S too. In Asia, the markets jumped in response to positive comments from officials. In China, the
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Enterprise blockchain software provider R3 has issued a statement announcing that Corda, its blockchain platform has successfully completed a live commercial paper transaction. In collaboration with Commerzbank, ING, Natixis and Rabobank, the transaction was carried out on the Euro Debt Solution application which was built on Corda. The transaction is a follow-up to a similar
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A survey commissioned by crypto firm Luno has found that the level of ownership and familiarity with cryptocurrencies was higher in Malaysia, Indonesia and South Africa compared to European markets. The three emerging markets of Indonesia, Malaysia and South Africa enjoyed varying levels of cryptocurrency ownership at 40%, 39% and 29% respectively. The respective levels
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Europe’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($ 63 billion) from multiple governments by making tax reclaims to which they were not entitled, an investigation has revealed. The theft centred around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms.
Undercover Journalists Uncover ‘the Biggest Tax Swindle in the History of Europe.’
The undercover probe by 37 journalists from 12 countries shows that about a dozen European countries are affected by the tax scandal, but Belgium, Denmark and Germany were hardest hit. France, Italy, the Netherlands, Norway, Spain, Sweden and Switzerland have also seen some damage.
A growing number of cryptocurrency ATMs in Europe now buy and sell BCH, increasing the popularity and widening the adoption of Bitcoin Cash. Many of the teller machines are located in major cities and resorts offering Europeans and visitors easy access to the world of fast and affordable digital money transactions.
Bitcoin and similar digital assets were not used to fund any of the recent terror attacks in Europe, finds a Europol report that paints a clear picture of the contribution of cryptocurrencies to online crime. The 72-page long study [PDF], titled Intenet Organized Threat Assessment 2018, thoroughly touches upon the various modules of online crime,
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The European Central Bank has no intentions of issuing a central bank digital currency. According to its president Mario Draghi, the current economic conditions fail to justify a need for it.
Cash Remains King
Speaking in front of the European Parliament, the president of the European Central Bank Mario Draghi touched on the matter of cryptocurrencies and whether or not the European Union needs a central bank digital currency.
He outlined a few reasons for why the ECB “has no plans” to issue a unified digital currency.
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Netcoins, an over-the-counter (OTC) brokerage and virtual ATM software company, announced this week it was enabling bitcoin cash (BCH) for immediate access purchase. For BCH enthusiasts, that’s 21,000 locations, covering Canada, Europe, and Australia where the decentralized currency is now available.
21,000 New Locations to Buy Bitcoin Cash
“Adding BCH brings us to having 6 of the top 7 coins available via Netcoins. With just EOS left among the top 7 coins, we are giving investors a compelling reason to use the Netcoins network for all their crypto needs, whether via OTC or via our strong retail network,” announced Netcoins CEO Mark Binns.
For cryptocurrency insiders suffering from conference fatigue, it might be tempting to block out your agenda for the rest of the fall. With many of the heavy hitters like Consensus already over, don’t be fooled into thinking you’ve seen this year’s best. In an industry moving faster than a bullet train, there’s plenty of new developments to come.
And for those delegates who’ve already racked up enough air miles traveling to the States and Asia, it’s time their international counterparts ventured to the old continent. Check out the top five blockchain conferences still to come in Europe this fall.
Eastern European nations have been following closely regulatory developments in the West to better understand where the wind is blowing before addressing the challenges presented by cryptocurrencies. This strategy has proved fruitless, however, as developed western countries, and international organizations, have not been able to come up with a unified approach towards regulating the crypto space. The weightlessness goes on.
In this week’s daily editions of Bitcoin in Brief we reported about Coinbase opening the floodgates for institutional money, the new crypto law in Malta, and a move by Bittrex to invade the European market. We also covered, in this week’s most commented-on article, Nobel laureate economist Paul Krugman’s trolling of XRP and BTC supporters.